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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