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When can I expect the funds to be in my bank account after approval?

  • Writer: Harmoney
    Harmoney
  • 18 hours ago
  • 2 min read

Once you have been approved for a personal loan and have signed your loan agreement, you'll naturally want to know when the money will be in your bank account. At Harmoney, our goal is to get your funds to you as quickly as possible.


Our 100% online, streamlined process means you can often receive your money much faster than with traditional lenders.


Our Fast Funding Timeline

There are two key stages to our funding process:


1. Loan Funding (Typically within 24 hours)

After you have digitally signed and accepted the loan agreement, your loan is officially submitted for funding.


  • What happens: We process the request and submit the funds for transfer to your nominated bank account.


  • Timeline: Most loans are funded within 24 hours of submission. In some cases, funds are transferred in just a few minutes after acceptance. We will notify you by text and email once your loan has been officially funded.


2. Receiving the Funds (1-3 Business Days)

Once the funds have been transferred by Harmoney, the time it takes for the money to appear in your account depends on your bank's processing times.


  • Timeline: You can typically expect to receive the money in your bank account within 1-3 business days after it has been funded.


What Can Affect the Timeline?


  • Timing of Acceptance: Accepting your loan on a weekend or public holiday may result in a slight delay, as bank transfers are typically processed on business days.


  • Your Bank: Different banks have different processing speeds. While some may clear funds on the same day, others can take longer.

  • Completeness of Information: Ensuring all your details are correct and up-to-date from the start of your application is the best way to avoid any delays.


We know how important it is to get your funds in a timely manner. Our customer service team is always available to answer any questions you may have about the status of your loan.



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