Clear Transfer

how long it take for transfer’ d funds to clear in an on line banking ?

how many business day transfer ‘d funds should be cleared by the bank legally in an online accounts? and is the banks doing enough in protecting and securing their on line clients from on line scams and frauds , should we have a firm laws regarding that matter ?

Hi,

This depends on the topmost banking autority’s rules in a country. For example, if we are sending money before 2:00PM IST, it gets transferred immediately within 30 minutes. After 2:00 PM, it is the next day.

I would advise you to check the rules applicable in your country. You can speak to your bank manager regarding this.

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Best Regards,
Arun Kumar M.
DreamSkape India ®
“It is all about you”

http://dreamskape-content.110mb.com

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#Signed: Wednesday, February 25, 2009, 1:34:08 AM IST

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