Funds transfer times vary depending on the method, to whom and where you are sending the money to.
Transfers can be made via:
- Internet Banking,
- the RACQ Bank app,
- in-branch or;
- over the phone.
All transfers made between your RACQ Bank accounts are instant; transfers to other Australian bank accounts using Internet Banking, the app, in-branch or over the phone should occur between 2 – 3 business days, however these time frames can vary.
International transfer times depend on the location and banking practices of the destination account. A bank draft – a transfer method offered only in-branch – usually takes up to 2 business days.
For more information regarding transfer times, drop into an RACQ Bank branch or phone 13 1905.