How long does a "quick" bank transfer between two accounts with the same bank take??

jfleming1979

I Received my student loan through saas, it was sent 2 days ago to my account in halifax.bank of scotland.

Will i get this today??

The funds that they pay in usually clears at 9am.

ERICS_MUM

vix2000 wrote: »

yes, me too. but alliance & leicester takes days, so they tell me??????????

It looks like they are making the transfer via BACS which takes 3 days, and if true would be unacceptable IMO. Transfers I make on-line between two of my Nat West accounts (or to my brother's account at a different Nat West branch) go through and show up on-screen instantly. Payments to my Nat West credit card go through on the same day but only show on the next day's on-line statement.

I would ask A&L why it takes 3 days - what payment method and cycle do they use ?

Edinburghlass_2

ERICS_MUM wrote: »

It looks like they are making the transfer via BACS which takes 3 days, and if true would be unacceptable IMO. Transfers I make on-line between two of my Nat West accounts (or to my brother's account at a different Nat West branch) go through and show up on-screen instantly. Payments to my Nat West credit card go through on the same day but only show on the next day's on-line statement.

I would ask A&L why it takes 3 days - what payment method and cycle do they use ?

The thread is a year old and fast transfers have moved on somewhat in the past year although I can't help regarding A&L.

caris

We have accounts with Natwest and HSBC and our tranfers are done in seconds wether its Natwest to HSBC or between our visa versa, we have also done transfers to our 2 daughters accounts who use Halifax and Nationwide again these transactions take seconds.

caris

pctuk

Just to give you an update. A&L stills takes 2-3 days. Hopefully things will speed up with Santander. :rolleyes:

bamboocha

i know that from abbey to abbey its get 2 days but to another bank i hear that its get within 3 hours for example if i transfer at hsbc,anybody can help ?thanks

Enterprise_1701C

From First Direct it is now same day - at least on my Credit Card payments.

plumber2009

A/L fast payment service will only allow upto £250.00 per day. If you transfer more than this amount then the transfer goes via BACS.

This is the reason why I am now Closing My Account with them.
They are a very poor bank and have poor customer service. Arrogent and rude.

carpy

A&L is a joke (i;ve known this for a long time it's just yet 'another' example of pathetic service!)

i did an 'internal' transfer from my premier current account to flexible ISA, initially for £1 as a test which was fine and instant, or course being A&L it wouldn't let me do another but i kind of expected that!!! however i set it up to transfer the next day.

today i check and the £5099 is showing as leaving my premier current (running balance £0) but it's not in the ISA so i suspect i now have a 3 day wait or something!!!1

i use or have used virtually all the major online banks and i have never know another where 'internal' transfers between accounts do not happen instantly!!!

A&L is truely awful in every respect :eek::mad:

Junics1

I transferred two amounts on Mon this week within minutes of each other out of A & L to HSBC, the first of £7000. has not arrived in HSBC yet, the second of £400 arrived almost immediately-why the delay