While most bank payments clear within 3 to 5 business days, some payments can take longer than not due to factors such as:

  • Bank holidays
  • Presence of intermediary banks in the payment workflow
  • Local infrastructure
  • Local fiscal policy
  • Local bureaucracy

Countries that experience a marked increase in payment processing times due to these factors are considered slow-to-pay countries.

Some countries that are considered slow-to-pay are:

  • Afghanistan
  • Albania
  • Algeria
  • Angola
  • Antigua and Barbuda
  • Argentina
  • Armenia
  • Azerbaijan
  • Bangladesh
  • Barbados
  • Benin
  • Bhutan
  • Bosnia and Herzegovina
  • Botswana
  • Brazil
  • Burkina Faso
  • Burundi
  • Cambodia
  • Cameroon
  • Cape Verde (Cabo Verde)
  • Central African Republic
  • Chad
  • Chile
  • China, People’s Republic of
  • Colombia
  • Comoros
  • Congo
  • Congo, The Democratic Republic of
  • Côte d'Ivoire (Ivory Coast)
  • Djibouti
  • Dominica
  • Dominican Republic
  • Egypt
  • Ethiopia
  • Gabon
  • Gambia, The
  • Ghana
  • Grenada
  • Guatemala
  • Guinea
  • Guinea Bissau
  • Guyana
  • Haiti
  • India
  • Indonesia
  • Iran, Islamic Republic of
  • Iraq
  • Jordan
  • Kenya
  • Korea, Democratic People's Republic of (North Korea)
  • Korea, Republic of (South Korea)
  • Kosovo
  • Kyrgyzstan
  • Laos
  • Lebanon
  • Lesotho
  • Liberia
  • Libya
  • Macedonia, Former Yugoslav Republic of (FYR Macedonia)
  • Madagascar
  • Malawi
  • Mali
  • Mauritania
  • Mauritius
  • Mexico
  • Moldova
  • Mongolia
  • Montserrat
  • Morocco
  • Mozambique
  • Myanmar
  • Namibia
  • Nepal
  • Nicaragua
  • Niger
  • Nigeria
  • Pakistan
  • Philippines
  • Russian Federation
  • Rwanda
  • Saint Helena, Ascension and Tristan de Cunha
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Vincent and the Grenadines
  • Senegal
  • Seychelles
  • Sierra Leone
  • Somalia
  • Sri Lanka
  • Sudan
  • Suriname
  • Swaziland
  • Syrian Arab Republic
  • Tanzania
  • Togo
  • Tunisia
  • Turkmenistan
  • Uganda
  • Ukraine
  • Uzbekistan
  • Venezuela
  • Vietnam
  • Yemen
  • Zambia
  • Zimbabwe

If you’re sending or receiving payments from these countries, you may experience a delay in pay-ins or payouts.

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