# ABSA Immediate Interbank Payment is delayed ~1 hour by design

- Source-Date (SAST): 2023-04-21 12:41
- From/To: Eric → sales
- Dest: IA
- Review-after: 2027-02-28
- Status: current
- Source: company email (Archives/Internal Affairs), 2023-04-21

## Facts

- ABSA **Immediate Interbank Payment (IIP)** is **not instant**. New beneficiaries / first-time IIPs are delayed about **one hour** by design.