I'm wondering about the duration of an EFT payment. How long does it usually take for the funds to be transferred through this method?
6 answers
CryptoElite
Wed Dec 04 2024
Electronic fund transfers typically require a duration of 1 to 3 business days for completion.
benjamin_cole_nurse
Wed Dec 04 2024
This time frame applies regardless of the specific method or platform used for the transfer.
Valentino
Tue Dec 03 2024
On the other hand, electronic payments facilitated by a linked card through the same fintech providers function differently.
SamsungShineBrightnessRadiance
Tue Dec 03 2024
Such payments are processed through the relevant card network, which generally speeds up the transaction.
isabella_taylor_activist
Tue Dec 03 2024
The card network facilitates a more direct and streamlined payment process compared to traditional fund transfers.