The time for a withdrawal to complete varies by transfer type:
• SEPA Credit: Typically 1-2 business days.
• SEPA Instant Credit: Almost immediate, usually within seconds.
• Faster Payments: Often instant, might be between a few minutes to a few hours.
Please note that each transfer scheme has its own limits, and exceeding these limits may result in the funds being processed via a different scheme, potentially increasing the time required for the money to reach your account.
• Faster Payments: The limit for withdrawals (OUT) is 1,000,000 per transaction.
• SEPA Instant: The limit for both incoming (IN) and outgoing (OUT) transactions is 100,000 per transaction.
For example, if a transaction exceeds the SEPA Instant limit, it will be rerouted to SEPA, which may delay the receipt of funds. To avoid delays, choose the transfer method that best suits your needs, considering timing, availability, and transaction limits.