Stupid Question - money transfer times

Fen1

OK. A bit panicky. I've transferred money from my bank account to a different bank's account online. The money went out yesterday, but has not shown up in my new account. When do I start to worry????

dzug1

Tuesday.

The likelihood is it will be there Monday.

Assuming you used a normal transfer

Fen1

Normal BACS.

CAn you tell I'm not a natural techie?

Hungerdunger

Going off at a bit of a tangent, was it a lot of money, i.e. over £50k, and were you paying into a savings account? If so it might be worth considering making future transfers by CHAPS. Although you'll be charged somewhere in the region of £20 - £30, it will go into the other account on the same day. I believe BACS payments normally take 3 to 4 working days, so you could be losing out on some valuable interest, especially if there's a weekend in the middle of that period.