I don't understand why it takes so long to withdraw money from the bank. I have been waiting for several days and the funds are still not available in my account. Is there a reason for this delay?
6 answers
Gianluca
Sun Dec 08 2024
Have you ever encountered a situation where your money is shown as “pending” in your account?
Pietro
Sun Dec 08 2024
This means that the funds are not yet available for withdrawal.
CryptoKing
Sun Dec 08 2024
The reason behind this is that banks process transfers in batches throughout the day.
BonsaiVitality
Sat Dec 07 2024
These batches are sent to an automated clearinghouse, which is responsible for sorting and processing them.
Caterina
Sat Dec 07 2024
The automated clearinghouse plays a crucial role in ensuring that transfers are handled efficiently.