How long does it take for funds to be transferred to my local bank account?
Asked 2 years ago
The time it takes for funds to be transferred from a Payoneer account to a local bank account can vary based on several factors. Generally, bank transfers typically take between three to five business days to process. However, the actual duration may depend on the specific banking regulations and processing times of the receiving bank in your country. Some users may experience faster transfers, while others may encounter delays due to weekends, holidays, or additional verification processes.
It is also important to ensure that all of your banking details in your Payoneer account are accurate and up to date to avoid any issues during the transfer. Additionally, users should keep in mind that the first transfer to a new bank account may take longer as it may require additional verification. For further clarification or the most current information regarding transfer times, it might be useful to check the support or FAQ sections on the Payoneer website, as they provide valuable insights specific to your situation.
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