I'm finalizing the purchase of a property overseas and need to send a large down payment via Wise. What's the transfer speed is like?

When finalizing a property purchase abroad and needing to send a large down payment via Wise, the transfer speed can vary:

Typically, if you initiate the transfer before Wise's cutoff time, it can be processed the same day. However, international wire transfers can take 1-5 business days to arrive in the recipient's account, depending on various factors such as bank processing times, currency conversion, and any intermediary banks involved.

With Wise, 45% of transfers are instant, and you can save on fees compared to traditional banks. Ensure recipient details are accurate, be mindful of bank holidays and weekends, and consider the currencies involved to expedite the transfer process.

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