FNB to FNB EFT

[Justloadit]

Just to let everyone know, the cutoff time for an EFT from fnb to fnb is 8pm. The bank called me & confirmed it. After 8pm, it'll reflect in the recipients bank account the following day. ( Don't know how weekends work though ).

From my experience, it is shown immediately that there is an amount to receive, however access to the funds is only available towards the end of the next day. Also from my experience, during weekends the money is available right away up to late evening on Saturday, which I now take it as 20H00 and on Sundays between 07H00 and 20H00 the money is available immediately.

I do not know if you know of a new service from FNB, many ATM's can now accept cash deposits 24/7. I know as in my business I get vendors depositing at all hours in these ATMs. It's great for me as I have an automated system which identifies the deposits and immediately makes the services available to the vendors. It has improved my business as vendors never have sufficient cash to carry them over weekends and public holidays.

[BusFact]

Swings and roundabouts. But it certainly helps when you know how they play the game.

Exactly. Its not personal, there are just some strange rules we need to figure out over time. Once you understand most of them, its easier to put up with some of their nonsense.