Go Back   WarriorForum - Internet Marketing Forums > The Warrior Forum > Main Internet Marketing Discussion Forum
Register Blogs FAQ Social Groups CalendarHelp Desk

Reply
 
Share
LinkBack Thread Tools
Old 11-22-2008, 03:50 PM   #1
Senior Warrior Member
War Room Member
 
Hamida Harland's Avatar
 
Join Date: Feb 2007
Location: UK
Posts: 2,127
Thanks: 579
Thanked 292 Times in 220 Posts
Default How Long Does A Wire Transfer From US To UK Take?

I'm trying to decide whether I should go with a check or a wire transfer for an Escrow payment I'm getting - does anyone know how long a wire transfer takes to get from a US bank account to a UK bank account?

Hamida Harland is offline   Reply With Quote
Old 11-22-2008, 03:54 PM   #2
Eagle Scout Warrior
War Room Member
 
brianAwilliams's Avatar
 
Join Date: Oct 2008
Location: Los Angeles, CA
Posts: 10
Thanks: 1
Thanked 1 Time in 1 Post
Contact Info
Send a message via AIM to brianAwilliams
Default Re: How Long Does A Wire Transfer From US To UK Take?

In my experience, international wires from a US bank to a UK bank can take up to 3 full business days maybe four depending on if the originator of the wire has a successful history of doing international wires.

Get your FREE Videos to Make Money Easy at Fueling Affiliate Wealth.
brianAwilliams is offline   Reply With Quote
Old 11-22-2008, 03:57 PM   #3
Senior Warrior Member
War Room Member
 
Hamida Harland's Avatar
 
Join Date: Feb 2007
Location: UK
Posts: 2,127
Thanks: 579
Thanked 292 Times in 220 Posts
Default Re: How Long Does A Wire Transfer From US To UK Take?

Quote:
Originally Posted by brianAwilliams View Post
In my experience, international wires from a US bank to a UK bank can take up to 3 full business days maybe four depending on if the originator of the wire has a successful history of doing international wires.
Thanks Brian, does that mean that the money is cleared and can be withdrawn after that time?

Hamida Harland is offline   Reply With Quote
Old 11-22-2008, 04:06 PM   #4
Auntie Jo !
 
Join Date: Jan 2008
Location: U K
Posts: 561
Thanks: 25
Thanked 21 Times in 18 Posts
Social Networking View Member's Twitter Profile 
Default Re: How Long Does A Wire Transfer From US To UK Take?

Haminda

The transfer times can vary and can depend on the instructions from the Originator, the initiating Bank etc.

It sounds as if you are going to be receiving the funds - all I would say is - check with your Bank and ask them to inform you when the funds are cleared for withdrawal.

I don't think there is a more precise answer, sorry.

Kind Regards
Auntie Jo
A PROSPEROUS 2009 TO EVERYONE!!
Back Up Your Filez! or how about a . .PLR Pack! . . and an OTO Link Manager!
joblythe is offline   Reply With Quote
Old 11-22-2008, 04:12 PM   #5
Senior Warrior Member
War Room Member
 
Hamida Harland's Avatar
 
Join Date: Feb 2007
Location: UK
Posts: 2,127
Thanks: 579
Thanked 292 Times in 220 Posts
Default Re: How Long Does A Wire Transfer From US To UK Take?

Quote:
Originally Posted by joblythe View Post
Haminda

The transfer times can vary and can depend on the instructions from the Originator, the initiating Bank etc.

It sounds as if you are going to be receiving the funds - all I would say is - check with your Bank and ask them to inform you when the funds are cleared for withdrawal.

I don't think there is a more precise answer, sorry.
Your right, I'll get on to my bank on Monday and check with them. Thanks

Hamida Harland is offline   Reply With Quote
Old 11-22-2008, 04:32 PM   #6
Just hitting the mouse!
War Room Member
 
Richard Tunnah's Avatar
 
Join Date: Jul 2007
Location: Puerto Calero, Lanzarote/Harrow, UK
Posts: 2,134
Thanks: 488
Thanked 275 Times in 218 Posts
Social Networking View Member's Twitter Profile 
Contact Info
Default Re: How Long Does A Wire Transfer From US To UK Take?

Quote:
Originally Posted by Hamida Pall View Post
I'm trying to decide whether I should go with a check or a wire transfer for an Escrow payment I'm getting - does anyone know how long a wire transfer takes to get from a US bank account to a UK bank account?
Hi Hamida,
It firstly depends on which service you choose! Most banks offer 2 or 3 that range in pricing and are based on express service (3-5 working days to US on average), quick (5-7 working days) or normal (7-10 working days). Last time I sent one to the US (earlier this year) it cleared in 4 days (bank to bank).

Rich
Richard Tunnah is online now   Reply With Quote
Old 11-22-2008, 04:34 PM   #7
Just hitting the mouse!
War Room Member
 
Richard Tunnah's Avatar
 
Join Date: Jul 2007
Location: Puerto Calero, Lanzarote/Harrow, UK
Posts: 2,134
Thanks: 488
Thanked 275 Times in 218 Posts
Social Networking View Member's Twitter Profile 
Contact Info
Default Re: How Long Does A Wire Transfer From US To UK Take?

Whoops sorry I thought you said UK to US but you are after US to UK. Yes best speaking to your bank who can give you an idea and may be able to trace the payment.

Rich
Richard Tunnah is online now   Reply With Quote
Old 11-22-2008, 04:47 PM   #8
Just me
War Room Member
 
Join Date: Apr 2006
Location: UK
Posts: 978
Thanks: 35
Thanked 155 Times in 57 Posts
Social Networking View Member's Twitter Profile 
Default Re: How Long Does A Wire Transfer From US To UK Take?

I've had money wired across from the US to the UK and it's taken 4 working days (don't forget it's a holiday on Thursday in the US).

I've also had wire transfers that have taken 2 weeks, but we wont go into that one ! (they 'lost' the money somewhere in between...)

Tim

Last edited by Tim Dixon; 11-23-2008 at 03:57 AM. Reason: Edited as I got the Thanksgiving holiday wrong.......
Tim Dixon is offline   Reply With Quote
Old 11-22-2008, 05:06 PM   #9
HyperActive Warrior
 
Join Date: Nov 2007
Location: , , .
Posts: 233
Thanks: 0
Thanked 8 Times in 8 Posts
Default Re: How Long Does A Wire Transfer From US To UK Take?

3-5 days but usually no more than 4
tiger325 is offline   Reply With Quote
Old 11-22-2008, 05:10 PM   #10
Senior Warrior Member
War Room Member
 
Hamida Harland's Avatar
 
Join Date: Feb 2007
Location: UK
Posts: 2,127
Thanks: 579
Thanked 292 Times in 220 Posts
Default Re: How Long Does A Wire Transfer From US To UK Take?

Thanks Rich, Tim, tiger325 and Imran for your answers, at least I know what to expect now. Wasn't sure whether or not a check would be a better option but I think I'll try the wire transfer because a check can take anything from 6 days to 2 weeks to get here.


Last edited by Hamida Harland; 11-22-2008 at 05:10 PM. Reason: addition
Hamida Harland is offline   Reply With Quote
Old 11-22-2008, 06:29 PM   #11
Just hitting the mouse!
War Room Member
 
Richard Tunnah's Avatar
 
Join Date: Jul 2007
Location: Puerto Calero, Lanzarote/Harrow, UK
Posts: 2,134
Thanks: 488
Thanked 275 Times in 218 Posts
Social Networking View Member's Twitter Profile 
Contact Info
Default Re: How Long Does A Wire Transfer From US To UK Take?

Quote:
Originally Posted by Imran Naseem View Post
You are welcome

Go for wire, because cheques can take up to a month to clear and its hassle!
Agree Imran. In fact one UK bank took nearly 7 weeks to clear a US drawn cheque for me a while ago. Not sure if they've speeded up now but my present business bank (Halifax) takes 2 weeks! Which is a pain particularly as it can take a week or so to arrive as already said.

Rich
Richard Tunnah is online now   Reply With Quote
Old 11-22-2008, 06:38 PM   #12
Warrior Member
 
Join Date: Nov 2008
Posts: 22
Thanks: 0
Thanked 2 Times in 1 Post
Default Re: How Long Does A Wire Transfer From US To UK Take?

Normally 3-4 days.
PeterLepacus is offline   Reply With Quote
Old 11-22-2008, 06:50 PM   #13
HyperActive Warrior
War Room Member
 
charlesburke's Avatar
 
Join Date: Apr 2008
Location: Chiang Mai, Thailand.
Posts: 308
Thanks: 112
Thanked 167 Times in 82 Posts
Contact Info
Default Re: How Long Does A Wire Transfer From US To UK Take?

Definitely go with the bank transfer. If you use a check, it takes weeks for the money to clear and the bank processing fee can eat up a major chunk of the money. Ask your bank what the fees and times are for internationally clearing a check. You'll probably be shocked.

Regarding time required, when I lived in Japan, sending a wire transfer took about three days most times, but occasionally the money would clear and be available in the US bank by the next day (that's not typical, by the way).

Cheers from warm and smiling Thailand,
Charles

MisterEbook.com
Special offer for all Warrior authors... MisterEbook.com/warriorsonly.html
charlesburke is offline   Reply With Quote
Old 11-22-2008, 07:41 PM   #14
Senior Warrior Member
War Room Member
 
Join Date: Apr 2006
Location: , , USA.
Posts: 2,913
Thanks: 53
Thanked 235 Times in 217 Posts
Default Re: How Long Does A Wire Transfer From US To UK Take?

Quote:
Originally Posted by Tim Dixon View Post
(don't forget it's a holiday on Monday in the US).

The upcoming holiday (Thanksgiving) is on Thursday, not Monday.
KirkMcD is offline   Reply With Quote
Old 11-22-2008, 08:21 PM   #15
Money Driver
 
Join Date: Nov 2008
Location: Californiya
Posts: 12
Thanks: 0
Thanked 1 Time in 1 Post
Default Re: How Long Does A Wire Transfer From US To UK Take?

It will take not more than 5 Min.
Manpreet is offline   Reply With Quote
Old 11-22-2008, 08:35 PM   #16
Eagle Scout Warrior
War Room Member
 
brianAwilliams's Avatar
 
Join Date: Oct 2008
Location: Los Angeles, CA
Posts: 10
Thanks: 1
Thanked 1 Time in 1 Post
Contact Info
Send a message via AIM to brianAwilliams
Default Re: How Long Does A Wire Transfer From US To UK Take?

Yes, the money will be available on or about the 4th business day in normal circumstances. If it's REALLY important to get the money wired quickly, and if you or your sender is comfortable dealing in cash, I have used Western Union to send money from the US to other countries and it arrives within 1 hour or less.

Get your FREE Videos to Make Money Easy at Fueling Affiliate Wealth.
brianAwilliams is offline   Reply With Quote
Old 11-23-2008, 03:56 AM   #17
Just me
War Room Member
 
Join Date: Apr 2006
Location: UK
Posts: 978
Thanks: 35
Thanked 155 Times in 57 Posts
Social Networking View Member's Twitter Profile 
Default Re: How Long Does A Wire Transfer From US To UK Take?

Quote:
Originally Posted by KirkMcD View Post
The upcoming holiday (Thanksgiving) is on Thursday, not Monday.
Oops, should of checked !! Funny, I always had in my mind it was the last Monday of November.

Ah well, apologies from the UK for messing up the US holiday system...
Tim Dixon is offline   Reply With Quote
Old 11-23-2008, 04:04 AM   #18
Senior Warrior Member
War Room Member
 
DavidO's Avatar
 
Join Date: Mar 2006
Location: United Kingdom, Spain
Posts: 2,031
Thanks: 10
Thanked 102 Times in 59 Posts
Default Re: How Long Does A Wire Transfer From US To UK Take?

I wired money from B of A to a bank in Spain recently and it took only minutes. The transfer itself is near instant. Posting the money is another matter. The real deciding factor is the receiving bank. My bank in Spain is right up with electronic procedures.

My experience is that U.K. banks commonly drag their heals to use your money for the longest time possible, usually three business days. It's been a couple years since I've dealt with them but I doubt that they've changed.

So the answer is that the transfer itself is instant. You should speak with the receiving bank and find out their policy on this.

I would forget Western Union; they're too expensive. I paid $40 for the wire transfer and that was a set fee regardless of the amount. So if your sending a large amount this is a tiny commission. On the other hand, if you're sending $100 it's a lot!
DavidO is offline   Reply With Quote
Old 11-23-2008, 04:09 AM   #19
Auntie Jo !
 
Join Date: Jan 2008
Location: U K
Posts: 561
Thanks: 25
Thanked 21 Times in 18 Posts
Social Networking View Member's Twitter Profile 
Default Re: How Long Does A Wire Transfer From US To UK Take?

Thing is . . . .

Haminda is going to be on the receiving end of a wire transfer!

She has no say in what happens after deciding to go with a wire transfer - only her bank can help and inform her when the money arrives.

Hope this helps.

Kind Regards
Auntie Jo
A PROSPEROUS 2009 TO EVERYONE!!
Back Up Your Filez! or how about a . .PLR Pack! . . and an OTO Link Manager!
joblythe is offline   Reply With Quote
Old 11-23-2008, 05:33 AM   #20
Senior Warrior Member
War Room Member
 
DavidO's Avatar
 
Join Date: Mar 2006
Location: United Kingdom, Spain
Posts: 2,031
Thanks: 10
Thanked 102 Times in 59 Posts
Default Re: How Long Does A Wire Transfer From US To UK Take?

That's even better! Haminda should contact her U.K. bank and find out its policy on processing wire transfers. Even if it's the full 3 days allowable that will almost surely be faster than a check.

The only way a check can beat that is in the form of a bank draft sent by overnight or 2-day post at great expense.

I would go with the transfer every time, but your sender may need to be cooperative. Most, but not all, US banks to accept international wire transfers online as virtually all European banks do. Nor can they do them entirely electronically. When I did it with B of A just last summer I had to go the branch and fill out a paper order form... primitive!

From that point it was phoned in and wired instantly electronically. If the US bank of origin has the same procedure your sender must be able to do this for you.

If that's not a problem then by all means use a transer.
DavidO is offline   Reply With Quote
Old 11-23-2008, 05:49 AM   #21
Senior Warrior Member
War Room Member
 
Kim Standerline's Avatar
 
Join Date: Aug 2004
Location: United Kingdom.
Posts: 5,148
Thanks: 1,245
Thanked 883 Times in 413 Posts
Social Networking View Member's Twitter Profile 
Default Re: How Long Does A Wire Transfer From US To UK Take?

Hi Hamida

Have you thought about using western union, you'll get it instantly then

Kim

Kim Standerline is offline   Reply With Quote
Reply

  WarriorForum - Internet Marketing Forums > The Warrior Forum > Main Internet Marketing Discussion Forum

Bookmarks

Tags
long, transfer, wire

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -6. The time now is 04:07 PM.