Which savings accounts accept Faster Payments?

terricfan

Is there a list somewhere of which savings institutions accept payments via Faster Payments rather than BACS?

Baldur

You could check out HERE, don't know if it's a full list.

newlywed

http://www.apacs.org.uk/sortcodechecker/

Type in the sort code and it should check for you

Milarky

Egg
ING
Northern Rock
most (but not all) building societies


...can we make a bit of list here?

Lokolo

HSBC (I checked with my sortcode and said I can so...)

Jake'sGran

Might be having a bad day but I don't understand these posts. I thought CHAPS was the quicker way of transferring money. Is "Faster Payment"
another such method? What am I missing?

Baldur

Jake'sGran wrote: »

Might be having a bad day but I don't understand these posts. I thought CHAPS was the quicker way of transferring money. Is "Faster Payment"
another such method? What am I missing?

See an overview of the scheme HERE.

chris1

Milarky wrote: »

Egg
...can we make a bit of list here?

There is a list (regularly updated) at http://forums.moneysavingexpert.com/showthread.html?t=985463

Just add your own experiences and it will be updated.

HTH

Cozworth806

Lloyds do, as I have sent a few payments that have been received straight away.
Nationwide don't, snails!