Outgoing international payments typically arrive one to two business days after they are initiated if the payment is set up before 1:00 PM.
However, there might be situations where a payment needs to be manually processed either by Lunar, the correspondent banks, or the recipient's bank, which can extend the processing time.
Beneath, you can see examples of how an international transfer process could look like, depending on when you create the transfer:
Created Day 1 before 1:00 PM | Created Day 1 after 1:00 PM |
Day 1: the payment is sent to our correspondent bank. | Day 2: the payment is sent to our correspondent bank. |
Day 2-3: the payment is available in the recipient's account. | Day 3-4: the payment is available in the recipient's account. |