Step 3: when will the beneficiary receive the transfer?

This feature is only available for Standard plans. Contact your Customer Success manager to give it a try.

The time taken to execute the transfer depends on the date of signature:

  • - SEPA transfers confirmed before 9:00 PM are executed on the same business day.
  • - SEPA transfers confirmed after 9:00 PM are executed on the next business day. 

Once executed, it can take up to 3 business days before the beneficiary receives the money on his/her bank statement.

⚠️ If you choose to use your Spendesk Wallet to reimburse your employees, check if you have enough funds to cover the transfer. If not, add funds to your Wallet. 

 

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