Payment timings by currency

When we release payments after billing and typical bank delivery times for GBP EUR USD SEK and DKK

Payments overview

This article explains how and when we release payments in each currency. There are two timings to be aware of

  1. When we release the payment after you bill

  2. How long the banking network takes to deliver the money

Times below are typical and refer to working days. Bank holidays, compliance checks, incorrect details, or recipient bank processing can add time.

When we release payments after you bill

  • GBP Payments are processed before the close of business on the next working day after billing

  • EUR Payments are processed within 48 hours after billing

  • USD Payments are processed within 48 hours after billing

  • SEK Payments are processed within 48 hours after billing

  • DKK Payments are processed within 48 hours after billing

Example for GBP: If you bill at 2 pm on Thursday, the payment will be released and should arrive by the end of the next working day which is Friday

How long the banking network takes to deliver funds

 
Currency Coverage Typical settlement to recipient
GBP UK Near instant
EUR SEPA area Near instant
EUR Outside SEPA 1 to 4 working days
USD United States 1 to 3 working days
USD Outside United States 1 to 4 working days
SEK Sweden 1 to 4 working days
DKK Denmark 1 to 4 working days

Helpful notes

  • Working days mean Monday to Friday in the sending and receiving countries

  • Transfers sent late in the day may post the next working day at the recipient bank

  • First time payments to a new beneficiary can take longer due to verification checks