Has My Bank Transfer Gone Through?
Article summary
- Bank transfers typically take 3-5 business days to process.
- Payment confirmation involves checks and "handshaking" between banks, adding to the wait.
- Your items are automatically reserved once the payment process starts.
- If there are issues with the transfer, you will be notified via email.
- Enhance your audio-visual setup with the 1528 Tower 8 for a truly immersive experience.
The exchange of funds is arguably the most exciting part of the purchase process. But the wait after “pulling the trigger” can be nerve-racking. Bank transfers typically take 3-5 business days to be seen on our side. The following is what you can expect when purchasing speakers via bank transfer.
One Moment…Processing
Please be aware that bank transfers, while being an honest and upfront payment method, take a bit of time due to the inevitable “handshaking” required between different institutions. On top of that, there are checks, double-checks, and confirmations that must be made on both sides of the transfer.
When you consider how much of the process is manually done, or “gotten back to” when an employee has time, you can understand why the process isn’t exactly instant like a credit card payment.
Safety in Orders
The important thing to remember is that the items in your order are automatically allocated to you once the payment process has begun. So even if there is a glitch and your payment did not go through, your items (or spot in line if back-ordered) will not be allocated to someone else. We will just see what went wrong and try the bank transfer again. No problem at all.
But Did It Go Through?
In these manual transactions, patience is definitely a virtue, and it is best to assume that your bank transfer will have zero issues. If an issue does happen to occur, we will let you know via email so that another attempt can be made.
Frequently asked questions
How long does a bank transfer take when purchasing from Arendal Sound?
Bank transfers typically take 3-5 business days to be processed and seen on our side.
Why does a bank transfer take longer than a credit card payment?
Bank transfers involve manual checks and confirmations between different institutions, which makes them slower than instant credit card transactions.
Will my items be secured during the bank transfer process?
Yes, your items are automatically allocated to you once the payment process begins, regardless of any potential payment issues.
What happens if my bank transfer doesn't go through?
If there is an issue with your payment, we will notify you via email and assist you in trying the bank transfer again.
Can I assume my bank transfer will go through without issues?
While it's best to be optimistic, it's advisable to assume your transfer will face no issues and allow time for processing.
How do I know if my bank transfer was successful?
If everything goes smoothly, you won't receive further communication, but if an issue occurs, we'll contact you via email.
What should I do if I haven’t received confirmation after my bank transfer?
If you haven't received confirmation within the expected timeframe, feel free to reach out to us for assistance.
Are bank transfers a safe payment method for purchasing speakers?
Yes, bank transfers are considered a safe payment method and offer transparency in transactions.
