Even when the process works smoothly, international transfers involve several institutions and systems. Because of this, small operational details can sometimes affect timelines.

Most delays tend to come from a few common situations.

Transfer initiated after the bank cut-off time

Banks process outward remittances only during specific working hours.

If a transfer request is submitted after the daily cut-off time, it is usually processed on the next business day.

For example, if you initiate a transfer late in the evening, the bank may only convert the currency and send the SWIFT wire the following morning.

Weekends and bank holidays can also extend the timeline slightly.

Incorrect or incomplete beneficiary details

International wires rely heavily on precise beneficiary information.

If the DriveWealth account number or reference details are missing or entered incorrectly, the receiving institution may not be able to automatically identify which account the funds belong to.

In such cases, the transfer may require manual investigation or may even be returned to the sending bank.

This is why the transfer instructions generated inside the Vested app should be followed exactly.

Differences in charge type expectations

When initiating a transfer, the sender typically selects a charge type such as SHA or OUR.

If SHA is selected, intermediary banks may deduct their processing fees during the transfer. This means the amount that arrives in the brokerage account may be slightly lower than the original USD amount sent.

For investors who expect the full converted amount to arrive, this can sometimes appear confusing if they are not aware of how intermediary charges work.

Additional compliance checks

In some cases, banks may perform additional compliance checks before sending the wire.

These checks may be triggered for reasons such as:

• unusually large transfers
• first-time international remittances
• transfers close to the annual LRS limit

When this happens, the bank may request additional confirmation before releasing the transfer.