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