Transfer Processing & Cut-off Time
Updated 1 day ago
The processing time for payouts to recipients depends on the destination account and country. The table below shows the timeline for different countries and payout types.
Region/ Country | Currency | Payouts - Mobile Money | Payouts - Bank | Transfer Time |
|---|---|---|---|---|
Africa - Cameroon | XAF | Yes | Yes | Bank: 1 working day
Mobile Money: Instant |
Africa - Ethiopia | ETB | No | Yes | Bank: 1 working day |
Africa - Ghana | GHS | Yes | Yes | Bank: Same day
Mobile Money - Instant |
Africa - Ivory Coast | XOF | Yes | Yes | Bank: 1 working day
Mobile Money: Instant |
Africa - Kenya | KES | Yes | Yes | Bank: Same day
Mobile Money - Instant |
Africa - Malawi | MWK | No | Yes | Bank: 1 working day
Mobile Money: Instant |
Africa - Nigeria | NGN | No | Yes | Instant |
Africa - Rwanda | RWF | Yes | Yes | Bank: Instant
Mobile Money: Instant |
Africa - Senegal | XOF | Yes | Yes | Bank: 1 working day
Mobile Money: Instant |
Africa - South Africa | ZAR | No | Yes | Bank: 1 working day |
Africa - Tanzania | TZS | Yes | Yes | Bank: 1 working day
Mobile Money: Instant |
Africa - Uganda | UGX | Yes | Yes | Bank: 1 working day
Mobile Money: Instant |
Europe - EUR | EUR | No | Yes | Bank: Instant |
Europe - GBP | GBP | No | Yes | Bank: Instant |
America - USD | USD | No | Yes | Bank: 3 working days |
Transfer Cut-Off Time For Transfers to Bank Accounts
Transfer cut-off time determines the latest time at which a transfer can be processed on the same day. Transfers initiated after the cut-off time will typically be processed on the next business day. Cut-off times may vary depending on the transfer type, currency, and the day of the week (weekends and public holidays). Here are the transfer cut-off times for transfers to bank accounts.
Currency | Cut-off time (WAT) |
GHS | 04:00 PM |
EGP | Payouts are processed from Sunday to Thursday; 01:00 PM |
MWK | 02:45 PM |
NGN | No cut-off time |
RWF | 06:00 PM |
TZS | 05:00 PM |
UGX | 03:30 PM |
XAF | 05:00 PM |
XOF | 06:00 PM |
ZMW | No cut-off time |
PS: To prevent any delay to your transfers, we recommend initiating them early as any transfer initiated after the cut-off time, during weekends, or public holidays, will be processed the next working day.
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