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How long does it take to send money home?

 
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Liquidvamp



Joined: 02 Feb 2014

PostPosted: Mon Apr 07, 2014 3:13 am    Post subject: How long does it take to send money home? Reply with quote

Hi Guys Need Help here.

I recently used Internet Banking(KEB) for Wire Transfer to my Philippine Bank.

Upon checking my domestic account(Philippines) online still it is not transferred.

HOW LONG does it take for my money to reflect in my account? or how long will it take to be credited to my account? 1 day? 2 days?

Thanks for the reply..
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jvalmer



Joined: 06 Jun 2003

PostPosted: Mon Apr 07, 2014 3:31 am    Post subject: Reply with quote

Anywhere from 12 hours to 3 days later for me, into my Canadian account. However, all the transactions made in the last year have went through within 24 hours (I do avoid doing transfers on Fridays and around major holidays though).
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Liquidvamp



Joined: 02 Feb 2014

PostPosted: Mon Apr 07, 2014 3:37 am    Post subject: Reply with quote

silly me..I thought it should be in an instant..

I was kinda worried it might not get through...

Thanks for the quick response man.. I really appreciate it.. Good to hear that it will take a awhile to reflect in my account.
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I'm With You



Joined: 01 Sep 2011

PostPosted: Mon Apr 07, 2014 3:56 am    Post subject: Re: How long does it take to send money home? Reply with quote

Liquidvamp wrote:
Hi Guys Need Help here.

I recently used Internet Banking(KEB) for Wire Transfer to my Philippine Bank.


Whoa!

Are you sure you want to be sending money to the Philippines!

I'd re-think that if I were you.

Just send it back to Canada.
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Mon Apr 07, 2014 2:41 pm    Post subject: Re: How long does it take to send money home? Reply with quote

Liquidvamp wrote:
Hi Guys Need Help here.

I recently used Internet Banking(KEB) for Wire Transfer to my Philippine Bank.

Upon checking my domestic account(Philippines) online still it is not transferred.

HOW LONG does it take for my money to reflect in my account? or how long will it take to be credited to my account? 1 day? 2 days?

Thanks for the reply..


In my experience the banks in the RP often take 1-2 (working) days AFTER they receive it before it is actually posted to your account (PNB & BPI banks).

I'm With You wrote:

Whoa!

Are you sure you want to be sending money to the Philippines!

I'd re-think that if I were you.

Just send it back to Canada.


Spoken like the truly ignorant (as in uneducated).

I have more faith in the big banks in the RP than those in Canada.

At least in the RP you money doesn't just bleed away in bank fees like it does in Canada and PHP has been a relatively stable currency over the last few years.

Additionally he may have family or other reasons to send money to the RP (maintenance and property taxes on a farm and a house - like I do).

.
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beentheredonethat777



Joined: 27 Jul 2013
Location: AsiaHaven

PostPosted: Tue Apr 08, 2014 5:44 am    Post subject: Re: How long does it take to send money home? Reply with quote

Liquidvamp wrote:
Hi Guys Need Help here.

I recently used Internet Banking(KEB) for Wire Transfer to my Philippine Bank.

Upon checking my domestic account(Philippines) online still it is not transferred.

HOW LONG does it take for my money to reflect in my account? or how long will it take to be credited to my account? 1 day? 2 days?

Thanks for the reply..


3-4 days usually!
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