The fastest way to send money is by debit or credit card. The processing time for debit and credit cards takes, on average, 15 minutes. If, however, you prefer to send money via your bank account, the processing time takes approximately four business days from when you are able to verify the micro deposits Ria will place in your account. This is because it takes time to verify with your bank account that the funds are in fact available.
When receiving money, a cash pick up or courier delivery will be that fastest method – although both options are dependent upon the payout agent or courier’s business hours. On average, cash pickups and courier deliveries are available within the same day.
Please note that, if a money transfer is flagged for review for security reasons, the processing time will take longer. Other things that may slow down processing times include:
· A security review. Since security is our no. 1 priority, we want to ensure all money transfers are legitimate.
· Financial institutions processing times. Timing may vary slightly depending on your bank.