In this article we'll go through the payment processing times in card payments and bank transfers.
Table of contents:
Considering Holvi's payment traffic some payments types are immediate and some are only sent or received on banking days*:
|Payment method||How long?||When processed?|
|Card payments||Immediately||Every day 24/7|
|Giropay payments||Immediately||Every day 24/7|
|Finnish bank buttons payments||Immediately||Every day 24/7|
|EPS or SOFORT payments||Immediately||Every day 24/7|
|Receiving SEPA transfers||Up to 2 days||Monday to Friday*|
|Sending SEPA transfers||Up to 2 days||Monday to Friday*|
|Holvi-to-Holvi payments||Up to 3 days||Monday to Friday*|
Holvi's cutoff time is 10:30 Helsinki (UTC+02:00) on banking days (Monday-Friday). Any outbound bank transfer (IBAN transfers) made from a Holvi account after this time will be processed on the following banking day.
If any payment from Holvi is made after this cut-off time it will be processed on the next banking day. The IBAN transfers to Holvi are received on banking days, Monday to Friday. The maximum time to receive a payment to Holvi is two banking days after the sending date.
Payments between Holvi accounts take appr. 3 banking days to arrive as money needs to be moved out and then back in.
*The following dates are non banking days and no SEPA transfers are received or sent. All SEPA transfers will be received or sent on the next banking day.