Thanks to a European Directive Currency Transfer times were reduced, then each bank account will be credited with amounts on your account within no time. But the new rules better informiamoci Currency Money.
European Directive and Currency Transfers
The interesting news is coming into force on 1 March 2010, and it is the European directive Payment Services Directive has had a direct impact on the timing of currency transfers as well as on all payment systems. The fact that we all bank users can "try" on our skin, affecting mainly the timing with which it is realized the transfer of a sum of money handled by bank transfer to or from our bill.
Modern times
One problem has always made it clear to all customers of the Bank were, first, the timing of currency transfers unnecessarily long because of which it was necessary to wait several days before a sum of money became available on the beneficiary's account. Now, thanks to the said Directive, Banks and Post Offices have until 1 January 2012 (using the derogation) to adapt to the new rules they want, for the times of currency transfers, actual availability of money current accounts within 1 working day. In essence, the date of availability and that the currency would overlap.
But point out that:
If prepared by computer (internet), a transfer will be completed within one business day.
If provided by a paper at the points of transfer will be completed within a maximum of two days.
Other provisions concerning currency
But the fact that the European Directive provides for the assessment credit also affects the "will" of the client that "order" the transfer. In fact, each of us will no longer have a currency before or coincident with the date on the order of the transferred amount. Disappear, then transfers "backdated" special until recently granted by some banks, but at extra cost.
