Quote:
Originally Posted by Beneddie1112
Does anybody know why it takes so long, bank to bank transfers are practically instant now?
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It doesn't, but that's part of the service that they provide. If you think of the quantities sitting gaining interest for PayPal adding a few extra days to the transit period is a sure fire way to optimise that income potential.
The 3-5 day period has been cut down now for UK banks and as Dean points out there is a faster service but you have to pay for the privilege. A good development, in my opinion.