how long do bank transfers take

Bank transfers in Australia are usually quicker than your mate's excuses for being late. For domestic transfers using the NPP (New Payments Platform), funds can clear within minutes, practically instant. However, traditional bank transfers might take anywhere from 1 to 3 business days, depending on the banks involved and the time of the transaction.

International transfers are a whole different kettle of fish – expect anywhere between 2 to 5 business days, sometimes longer if there are intermediary banks or currency conversions involved.

For peace of mind, check with your bank or use services like ServiceCentral for transfer tracking.