According to research conducted by the National Bank of Poland, over 80 percent of Poles already have their own bank account. The majority of them also use the electronic banking service when performing daily payment transactions. Poles love online transfers.
This is not surprising, because it is a huge comfortable and time saving. However, in order to freely dispose of our funds, we must first receive a transfer in the form of payment, retirement, disability or other cash benefits. So if you want to know the answer to the question “when will I get the transfer?” And thus the money will be in your account, please read the article.
Why have bank transfers become so important?
The importance of bank transfers has increased significantly in recent years and it is increasingly difficult to meet a person who does not have a personal account. These changes not only greatly facilitate, but also increase the security of our transactions, especially for larger amounts.
Every day, millions of Poles make card payment transactions in stationary stores, but they also pay bills, send money to their loved ones, and shop online. Transfers are also very important for entrepreneurs. Thanks to them, they receive earned money, and can pay due invoices, pay fees to the Tax Office or the Social Insurance Institution. Almost all receivables can be settled through bank transfers, which is why they have become so important to us.
Bank transfer – convenience and time saving
The unquestionable advantage of bank transfers is their convenience. The possibility of making a bank transfer frees us from the need to visit the bank and ATM frequently to withdraw cash or to transfer funds for the intended purpose.
Everything can be arranged in the comfort of your own home, which is why knowledge about bank transfers is so important. Orientation in this matter will also allow you to assess whether the money sent in the morning will reach its recipient the same day, or whether you will have to wait for the proceeds.
Payments by phone – how does it work?
The growing popularity of mobile devices means that more and more applications for smartphones appear. Their task is to facilitate and accelerate, among others some daily activities.
That is why telephone payments are also becoming more common. Banks offer their customers applications for telephones, with which they can quickly make non-cash transactions – both in online and stationary stores. Are such transactions secure? How can I pay by phone?
What determines the waiting time for a transfer?
The time when we receive the expected transfer depends on such factors as:
- time of the transfer – business day or weekend
- type of transfer, instant
- sender’s bank
At the same time, it is worth remembering that as a rule, transfers made within the same bank are transferred to the recipient’s account “immediately”. It happens, however, that the system can disappoint us, so it’s better not to postpone important transfers at the last minute.