Cryptocurrency Q&A Why is EFT taking so long?

Why is EFT taking so long?

Federica Federica Thu Dec 26 2024 | 7 answers 1349
I've been waiting for my Electronic Funds Transfer (EFT) to complete, but it's taking much longer than expected. I'm wondering why the EFT process is taking so long and if there's anything I can do to speed it up. Why is EFT taking so long?

7 answers

Silvia Silvia Fri Dec 27 2024
EFT payments do not necessarily arrive immediately.

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GeishaMelody GeishaMelody Fri Dec 27 2024
The value of the transfer can affect the speed of an EFT payment.

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BlockchainBrawler BlockchainBrawler Fri Dec 27 2024
ACH payments cannot be deposited on weekends.

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Caterina Caterina Fri Dec 27 2024
Various factors can influence the delivery times of EFT payments.

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charlotte_clark_doctor charlotte_clark_doctor Fri Dec 27 2024
Additionally, ACH payments cannot be processed when the Federal Reserve is closed.

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