We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Funding my Barclays monthly saver

Options
I've currently got a Barclays monthly savings account, that is funded via a standing order from my First Direct current account.

However, they have not implemented faster payments for standing orders, and at present it takes 3 working days to simply shift funds from that into the monthly saver, and as my SO date is on the 5th, it doesn't hit the account until around the 9th.

I know FD and Barclays both fully support faster payments, so I was wondering if it was possible if I could cancel the standing order, and simply just shift the funds in manually via internet banking on the first of every month, so I don't lose interest.

The leaflet they gave me says 'via standing order' but will they actually be able to detect that it's not a standing order, if you get me? Or is any automated credit an automated credit?

Thanks

Comments

  • RayWolfe
    RayWolfe Posts: 3,045 Forumite
    1,000 Posts Combo Breaker
    username wrote: »
    so I was wondering if it was possible if I could cancel the standing order, and simply just shift the funds in manually via internet banking on the first of every month, so I don't lose interest.
    That's what I do for all my monthly savers. As long as it's an electronic entry, systems cannot differentiate between methods.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.