bank Wire

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Jul 27, 2006
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Does anybody here do withdrawals by bank wire?I was considering this and wanted to know how simple and hassle free it is.I also sell items on the internet and people in other countries have tried to pay me by bank wire and I had always refused.
Is it as simple as it seems?Thanks
 

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Aug 2, 2005
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bank wires done inside the US if you do it before 10 am will be in the other persons account the same day.

overseas wires take one day.

books use processors and obviously given Fed oversight they have to structure those payments to try to avoid being picked up. So they use any excuse possible to say 7-14 days. Really that is BS. Given banks are going through every account on their books to check this stuff it wont make any difference from now on.
 

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Is there a certain amount that you should stay under when receiving a bank wire or does it matter?
 

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