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Reply to "Wire transfer. How long (once complete) does it take to get to the recipient?"
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[quote=Anonymous]I own a fairly large title company. We receive and send about 1,000 wires per month. From when the wire is actually sent it takes maybe 1-2 minutes to be received at most. The key is from when actually sent. Many banks don’t send them when they tell you they have approved them. Often they mean that it has been approved to send it to a back office that will need approval to send to the wire room that will need approval from a supervisor before it can sent. If the senders bank can provide a federal reference number it was received. If they cannot provide it, it hasn’t actually been sent yet. [/quote]
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