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Everything you need to know about incoming money transfers.

The time it takes for money to reach your Praemoveo account is based on a number of factors, but the most important one is the banking payment network the payment has executed.

 

Some of the factors that can influence how quickly money clears include:

  • The sending bank’s country and local procedures,
  • The currency of the transaction,
  • Intermediary bank parties (if involved),
  • The time the payment was executed during the business day,
  • Transaction specific details.

 

We can only provide the following estimations and not the exact time:

 

If you add EUR from domiciled banks in the SEPA (Single Euro Payments Area) using your Praemoveo local details, the transfer usually takes from a few minutes to two working days.

 

If you are working in another currency and with SWIFT details, a transfer can take up to 5 working days.