Ripoff banks

Aegis

YorkshireBoy wrote: »

That's my point Aegis (and, I suspect, that of bigbloke45 also). I too can send FP's to lots of other (mainly current) accounts from my FD current account, but to bring money back from the bulk (95%+) of them still takes 3-4 days...3 months after the FP launch date (and a full 9 months after the original planned FP launch date).I don't think they have. Transfers out always took a day longer than 'real' banks. It's just that since they changed the way they operate they now leave the money in the account for a day before sending it. Previously they removed it and then held on to it for 24 hours before sending it.

In short, same delay as before for 'on the spot' requests.

I see. I hadn't realised that this was a widespread issue with non-HSBC banks. Still, this is a problem with the banks not utilising the system correctly rather than a problem with the system, which clearly works well.

Let's hope it's just a teething problem rather than what the system will actually end up looking like!

Aegis

MILLWALLFC wrote: »

Anyone know when HSBC will be offering Fasttrack payment to icesave, this takes about 4 days to clear everytime i make a transfer.

Entirely down to Icesave, I would imagine. HSBC already allows sending of cash via the Faster Payments system, but Icesave presumably doesn't accept them yet.

Lokolo

Does it work on non working days?

noh

Aegis wrote: »

Entirely down to Icesave, I would imagine. HSBC already allows sending of cash via the Faster Payments system, but Icesave presumably doesn't accept them yet.

Money is pulled into Icesave by Direct Debit. The transfer is already immediate in so far as the money arrives in your Icesave account on the same day it leaves the linked bank account.

Nigel

YorkshireBoy

Lokolo wrote: »

Does it work on non working days?

Just started (but didn't complete) a payment request from FD to Halifax and was given the message...

date to leave..........25/08/2008
date to arrive..........25/08/2008

...so since the 25th is a Bank Holiday I'd say yes.

I'm not sure it's the same for SO's though?

Lokolo

Hm maybe. Could you give us an update if it goes through today.

I want to test my Egg Savings --> Lloyds to see if Egg are sending FPS.

YorkshireBoy

Lokolo wrote: »

Hm maybe. Could you give us an update if it goes through today.

The account is empty (other than my £250 overdraft which I don't want to use). That's why I said "but didn't complete". You get the timescale message between 'continue' and 'submit'.

I want to test my Egg Savings --> Lloyds to see if Egg are sending FPS.

I can tell you now that, whilst Egg can accept FP's, they're not sending them yet.

Lokolo

Laaaaaame. Thanks :cool:

Biggles

18 replies on a subject covered incessantly elsewhere.

Top trolling, RogerS!

;-)

oldandgrumpy

I checked my Barclays statement on-line on the 23rd August, and found I had 3 payments debitted from the account on the 26th August, 3 days away, already showing the amount deducted. That is REALLY fast!