From the time the recipient collects the payment, the payment will be transferred within the same time frame as an external transfer. Payments received by Hume account holders will be processed almost immediately. Recipients that that collect the payment into an account external to Hume before 4.30pm on any business day will generally receive the funds by 9:00am the next business day.
If collection is performed after 4.30pm or on a weekend or a public holiday, then the transaction will not be processed until the next business day, and will not be available to the recipient for a further day.
If collection is performed after 4:30pm on a Friday then the funds will not be available to the recipient until after 9.00am on the following Tuesday.
These timeframes are subject to processing by the recipient institution.