You keep looking for a better way to send money home as you grow increasingly anxious about it. The length of time it takes for the transaction to close is the last consideration. Whether you are returning home, giving money to a friend or family member, or both. Every international visitor to the nation just asks the service provider what time it is. This question doesn't have a single answer, but we'll do our best to provide you a complete and satisfying answer.

What is the turnaround time for international money transfers?

In reality, the transactions rely on the banks. However, after you make the request for an overseas transfer, it could take a lot longer than you expect. Following your request, the processing time varies, but you can watch the full process from the opposite side. The completion of the transactions normally takes 1 to 5 business days. Remit Choice allows for instantaneous international money transfers.

Factors that affect transactions

Details of the error: International transactions may be impacted by inaccurate or incomplete payment information. To avoid this inconvenience, you should verify the information again.

Method of Payment 

Foreign money transfers use the same bank account number as domestic transfers of funds, banks, and other businesses that accept debit card payments.

Destined Country

The infrastructure, fraud prevention techniques, and country rules and regulations all have an impact on international money transfers.

Holidays

Holidays and bank closures often contribute to delays in international transactions. To minimize this kind of hassle, you should make plans as soon as possible to start your transfer on a weekday. 

Send Money with Remit Choice

Remit Choice makes it simple for you to send money to your family anywhere in the world with the best exchange rates and no fees.