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Why don't payoneer process withdrawals to a bank account on a Friday?

ChesterW
ChesterW Member Posts: 1 ✭
in Popular Questions and Tips
If i transfer my funds to a bank account on any other weekday, I get an email confirming the money has been sent within minutes, and it's in my account within minutes.

On a Friday however (even though I did it 10am today!) I don't get the confirmation email and the funds are not sent until Monday morning, 3 days after I send it.

Of course, that hasn't stopped them deducting the finds from my account so I can't even spend that money on my card!

Are they doing that age old trick of holding onto your money for the weekend so they can invest it on their behalf, like the banks used to do?

Whatever the reason, it sucks not being able to access my money before a weekend.

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