Bank transfers continue to be one of the most used methods to carry out all types of payments. However, they cannot always be done immediately and, in these situations, the money takes a few days to be reflected. But is there any option to know if a transfer has been made even before receiving it?
When we have to do any economic transaction, Options like Bizum or immediate transfers have been increasing in popularity in recent years. However, in both cases there are certain limits. Normally associated with the amount of money that can be transferred, which does not allow us to be the means used for all types of operations.
Although the time in which a transfer between banking entities has been increasingly reduced in recent years, the reality is that we still have to wait a few days until the money is reflected in our bank account, especially if we have spent the court date and there is a weekend in between. When the transfer is urgent, is it possible to know in advance if said operation has been carried out?
Contact the issuer
Despite the evolution that technology has undergone in recent years, especially in the financial and banking sector, the reality is that today there is no way to be able to track the transfer as individuals. The only ways that will allow us to ensure that, in fact, said operation has occurred is by asking the issuer of the transfer to send an SMS or email when the transfer has been ordered through the corresponding platform.
If you have not done so, we can also request the receipt of the movement. All the data involved in the operation will be recorded in it and, therefore, we can quickly check if there is any type of error or if it could have been done normally.
In all the options that we have mentioned, we must take extreme precautions if the transfer comes from a stranger as a result of, for example, the purchase of a second-hand product. Many cybercriminal groups They try to gain our trust by sending false evidence, so we must always be vigilant in these types of situations.
How long does a transfer take?
According to the Bank of Spain, transfers within countries that belong to the SEPA zone They are received the next business day. However, for this it is important to know what the cut-off time is for each bank, as we have already anticipated. This concept refers to the time of day when the bank stops issuing and orders transfers. After the cut-off time, for practical purposes it is as if the transfer had been ordered on the next business day. And, therefore, it will take a day longer than usual.
Most banks have a cut-off time set at 5:00 p.m. However, in some cases we also find banks that have extended it until 8 or 9 p.m. to give their clients greater flexibility. If we want to know this information, the best we can do is consult the bank with which we usually work.
