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Bitcoin Forum > Economy > Marketplace > Service Discussion > Doing a trade on LBC. How long does a bank transfer take to show up?
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Decoded (OP)
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May 13, 2017, 07:07:09 AM
 #1
Hey guys, I'm in the middle of a 1.5 BTC trade on Localbitcoins. We are waiting for the seller to confirm the Bitcoin arriving in their account. How long does this usually take? It's between two different banks.

Since it's currently a Saturday, would it be fair to say that it would only process the transfer sometime in the afternoon on Monday?
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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May 13, 2017, 07:33:02 AM
 #2
The transfer from bank accounts usually takes anywhere between 3-5 days, I believe that those are business days so weekends or holidays are excluded.
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May 14, 2017, 09:07:24 AM
 #3
Quote from: OmegaStarScream on May 13, 2017, 07:33:02 AM
The transfer from bank accounts usually takes anywhere between 3-5 days, I believe that those are business days so weekends or holidays are excluded.

If the banks between 2 parties are from the same banking group the transfer can be instant. I've moved money instantly several times in UK via different banks.
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May 14, 2017, 11:45:36 AM
 #4
Depends if you and seller are from the same country, same bank... But I'd say you must wait at least 3 days starting from monday (tomorrow)
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May 14, 2017, 12:00:11 PM
 #5
Inter-bank transfer may take upto 5 working days and till today its week-end and bank usually remain closed. You may have to wait for next 2-3 more days from tomorrow. 
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