Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • bristolleedsfan
    • By bristolleedsfan 12th Dec 07, 11:55 PM
    • 7,462Posts
    • 9,622Thanks
    bristolleedsfan
    A-Z of bank/building society sort codes/account nos
    • #1
    • 12th Dec 07, 11:55 PM
    A-Z of bank/building society sort codes/account nos 12th Dec 07 at 11:55 PM
    savers are often after the above details for standing orders etc, thought this would be a usefull link.

    facinating to see who banks with who.

    http://www.hmrc.gov.uk/manuals/ntcmanual/misc_bankdetailsguide/bankdetailscont.htm#2

    not sure if HMRC supply this info on CD
Page 1
    • Special_Saver2
    • By Special_Saver2 16th Dec 07, 12:23 PM
    • 1,088 Posts
    • 3,670 Thanks
    Special_Saver2
    • #2
    • 16th Dec 07, 12:23 PM
    • #2
    • 16th Dec 07, 12:23 PM
    I am adding a link to this thread in the first post on my thread on regular savings accounts. (Regular Savings Accounts: The Best Currently Available List!)

    The information on which building society uses which bank as a "sponsor" to receive funds will be particularly useful for people who want to make payments with the minimum loss of interest for the time the money is in transit to a regular savings account. It is also helpful for people to ensure that their money does not arrive too quickly in their regular savings account, e.g. money sent two bank working days before the 1st day of the next month but arrives too quickly because the sponsor bank deposits the money immediately or after only one bank working day. Check out this thread (transfers from Barclays to Principality, Cheshire, Bradford & Bingley) for more details.
    • Milarky
    • By Milarky 16th Dec 07, 1:34 PM
    • 6,256 Posts
    • 2,202 Thanks
    Milarky
    • #3
    • 16th Dec 07, 1:34 PM
    • #3
    • 16th Dec 07, 1:34 PM
    Thanks BLF.

    Do we actually know of any other banks, aside from Barclays, where a payment from a personal account to a collection account with the same bank goes through more quickly than it would through BACS?

    (I am not counting where you have a reg saver or other account and a current account with the same bank - as these are true 'internal' transfers)

    I thought I was told that my Egg (uses HSBC) payments to West Brom (uses HSBC) were only taking one day instead of two but I haven't been able to confirm this. Otherwise it still seems to take two days
    .....under construction....
    • s71hj
    • By s71hj 16th Dec 07, 1:50 PM
    • 238 Posts
    • 35 Thanks
    s71hj
    • #4
    • 16th Dec 07, 1:50 PM
    • #4
    • 16th Dec 07, 1:50 PM
    Are there any hard and fast rules re transfer times. I have HSBC, Alliance and Leicester, Norwich and Peterborough, Halifax, Lloyds current accounts, and a stack of regular savers with building societies, so if I knew the transfers were always instant or next day, I may set them up accordingly. Mind you Lloyds pay interest for 3 days after a standing order /dd leaves my current account anyway, so that may well be almost as good! Would be worth getting dosh into the real high payers instantly like w brom and chorley santa saver though.
    • bristolleedsfan
    • By bristolleedsfan 16th Dec 07, 2:05 PM
    • 7,462 Posts
    • 9,622 Thanks
    bristolleedsfan
    • #5
    • 16th Dec 07, 2:05 PM
    • #5
    • 16th Dec 07, 2:05 PM
    [quote=Milarky;7270271]Thanks BLF.

    Do we actually know of any other banks, aside from Barclays, where a payment from a personal account to a collection account with the same bank goes through more quickly than it would through BACS?

    (quote]

    i may be :confused: at what u are posing, do u mean that if someone banks with LloydsTSB cheques etc to loughborough go through quick due to loughborough banking with lloyds/tsb.

    i send loughborough 3 cheques a month ( same posting) and cheques that loughborough have off me take same length of time to clear as a cheque i pay into nationwide. ( i.e pay in both on a monday, both are shown as clearing on a wednesday)

    Reason for the nationwide/loughborough comparison is that ive seen it posted on here that nationwide clear cheques quicker because it clears its own cheques. i.e doesnt use a third party to clear cheques.

    loughborough pay interest on cheques one working day after working day of receipt.
    Last edited by bristolleedsfan; 16-12-2007 at 2:24 PM.
    • Milarky
    • By Milarky 16th Dec 07, 2:21 PM
    • 6,256 Posts
    • 2,202 Thanks
    Milarky
    • #6
    • 16th Dec 07, 2:21 PM
    • #6
    • 16th Dec 07, 2:21 PM
    i send loughborough 3 cheques a month (same posting) and cheques that loughborough have off me take same length of time to clear as a cheque i pay into nationwide. ( i.e pay in both on a monday, both are shown as clearing on a wednesday)
    Originally posted by bristolleedsfan
    It's better to pay Loughborough from the Lloyds Classic+ by transfer rather than cheque because Lloyds say they pay interest for the number of days it takes any payment to arrive - to any bank. Assuming they work this out by adding the appropriate number of working days there is no incentive on them to make the payment any quicker - despite the fact that Loughborough's account is held at Lloyds - and could in principle be transferred internally the same day.

    [I just wondered if anyone knows of non-Barclays examples where the bank payments go more quickly than the usual 2 days - preferably same day?]
    .....under construction....
    • bristolleedsfan
    • By bristolleedsfan 16th Dec 07, 2:25 PM
    • 7,462 Posts
    • 9,622 Thanks
    bristolleedsfan
    • #7
    • 16th Dec 07, 2:25 PM
    • #7
    • 16th Dec 07, 2:25 PM
    [quote=Milarky;7270859]It's better to pay Loughborough from the Lloyds Classic+ by transfer rather than cheque because Lloyds say they pay interest for the number of days it takes any payment to arrive - to any bank. Assuming they work this out by adding the appropriate number of working days there is no incentive on them to make the payment any quicker - despite the fact that Loughborough's account is held at Lloyds - and could in principle be transferred internally the same day.

    quote]

    true however majority of people only have one current account.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

1,809Posts Today

7,447Users online

Martin's Twitter