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How long does it take to transfer money between Kernel Save and the Kernel wallet?

Written by Alison Perkins

It can take up to one business day to transfer money between your Kernel Save account and your Kernel wallet.

Transfers are processed at 2.30pm each business day in both directions:

  • wallet to Kernel Save

  • Kernel Save to wallet

If you transfer before 2.30pm

If, for example, you transfer money from your Kernel wallet to your Kernel Save account at 1pm on Monday, this transfer will be completed by 3pm the same day.

If you transfer after 2.30pm

If, for example, you transfer money from your Kernel wallet to your Kernel Save account at 6pm on Monday, this transfer will be processed at 2.30pm the following business day. Meaning, the transfer would then be completed by 3pm the following business day.

Note: All withdrawals from the Kernel wallet to your nominated bank account are processed each business day at 4pm. Therefore, if you login between 3pm and 4pm, you should be able to complete a withdrawal for the same day. We are working on functionality to expand this soon.

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