Fund transfer to another Financial Institution using TED (Brazilian acronym to Electronic Transfer Available) method
External transfers on Bankly platform are executed using TED (Brazilian acronym to Electronic Transfer Available) method, which can be executed only between 7 am and 5 pm on business days.
They are dispatched asynchronously, and it may take some time to credit the amount to the receiver account. It depends on the addressed Institution how long is going to take to credit the amount sent.
If the receiver account has any incorrect data, it will happen the devolution of the amount to the sender account
Brazilian regional holidays
The Central Bank of Brazil considers regional holidays as business days.