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EFT clearance time

Reply
therogeryoung
New Member

I am aware that n most cases public holidays are treated, in terms of clearing EFTs and other transfers, as a Sunday - that is, unless a special clearance is stipulated, the the funds will not clear on that day. However, I am not certain if today, the 26th December 2017, Boxing Day, is a public holiday - most certainly the main street where I do most of my shopping is behaving as if it a normal trading day, as is one of the branches of another Banking institution. 

 

My query relates to an amount paid OUT of a Standard bank account into another bank's account, this past Saturday (23/12/17).  When is it likely that that amount will clear, today or tomorrow?

 

And a Merry Christmmmmmmmmmmmmmmmsssssssssss!!!