Ping Payments transfer out

Kia Ora nick1220,

The Tech Team are currently working on speeding these Bank transfers up so hopefully not too far off. - You can add your voice to the growing number of requests through the 'Tell us what you think' link found near the bottom of the New Look Desktop site - these go direct to the Tech Team so no third party handover. - Cheers.

It’s been two days now ping transfer out.
Still waiting for funds to go in to my bank account so I can send goods to person I sold it to.. This is very frustrating.

damn! thats stupid. I am BNZ and I receive funds around 5pm same day 

Really I’m ANZ still waiting, so frustrating

thats rather odd tbh but its still within time frame TM/ping advises so all we can do is say it is what it is and just wait for the funds to come thru

Kia ora traykay71, when a buyer pays you with Ping you can send the item as soon as the money lands in your Ping balance, you don't need to wait until the money is in your bank account before you send it. You can choose whether you transfer it out or leave the money in your Ping balance for buying things on Trade Me. 

It’s automatic transfers

Yes it’s my first ping transfer out

Thanks traykay71,

The current batch of Ping to Bank transfers is processed approx. 2:45pm each day, after that it's up to your Banks processing times for the funds to land in your account. Any payments by Ping you receive after 2:45pm won't be transferred until the batch run on the following day. - Cheers. 

Make sure that just because monies transfer within a short timeframe, it doesn't include if those funds are cleared or not.

Banks are a form of "Clearing house".

Like all systems there's risk factors.

Caveat emptor.