In modern society, ATM transfers have become an indispensable part of people's daily lives, providing a convenient and fast way to transfer funds. However, there may be differences in ATM transfer processing times and processes between different banks. This article will introduce in detail and case analysis how long it takes for ATM transfers from the top 10 banks to arrive and the processing process.
Industrial and Commercial Bank of ChinaIntra-bank transfers arrive in real time, and inter-bank transfers generally arrive within 24 hours.
China Construction BankPeer transfers arrive in real time, and inter-bank transfers usually arrive in 1-3 working days.
Agricultural Bank of ChinaIntra-bank transfers arrive in real time, and inter-bank transfers generally arrive within 1-2 working days.
Bank of China: Interbank transfers arrive in real time, and inter-bank transfers usually arrive within 24 hours.
China Merchants Bank: Peer and interbank transfers are received in real time, but large transfers may require additional review time.
Shanghai Pudong Development BankPeer transfers arrive in real time, and inter-bank transfers generally arrive within 1 working day.
China CITIC Bank: Peer and interbank transfers are received in real-time, but transfers submitted during non-business hours may be delayed.
Industrial Bank: Interbank transfers arrive in real time, and inter-bank transfers usually arrive within 24 hours.
Minsheng BankIntra-bank and inter-bank transfers are available in real time, but may take extra time for large transfers.
China Guangfa BankIntra-bank transfers arrive in real time, and inter-bank transfers generally arrive within 1-2 working days.
Insert your bank card and enter your password.
Select the "Transfer" feature.
Enter the beneficiary's information (account number, name, etc.).
Enter the transfer amount and confirm.
Submit after confirming that the transaction information is correct.
Print the slip and pick up the card.
toIndustrial and Commercial Bank of ChinaFor example, the detailed processing process is as follows:
The customer inserts the ICBC card at the ATM and enters the correct password.
Select the "Transfer" feature in the main menu.
Select "Interbank Transfer" or "Interbank Transfer".
Enter the beneficiary's ICBC account number and name (if it is an inter-bank transfer, you also need to select the beneficiary's bank).
Enter the amount you want to transfer and double-check the information before submitting.
The ATM displays a message about the successful transaction and prints out a receipt. Customers are required to collect the slip and bank card.
For inter-bank transfers, ICBC will send the transaction information to the large-value payment system or micro-value payment system of the People's Bank of China for processing, and then the beneficiary's bank will receive and complete the account entry operation. This process usually takes less than 24 hours.
Other banks may have slightly different processes in terms of steps, but they all follow a similar pattern overall. Customers should ensure that the beneficiary information and amount entered are accurate when making ATM transfers to avoid unnecessary troubles and losses. At the same time, for large-value or urgent transfer needs, it is recommended to understand the arrival time and processing process of each bank in advance, so as to make reasonable arrangements.