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Lloyds TSB faster payments -internet banking

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Comments

  • D1zzy
    D1zzy Posts: 1,500 Forumite
    Oh.. Silly me again for assuming that BP meant Bacs and the LLoyds (like everyone else) would flag a FP payment as FP..:confused:

    Maybe I'm maligning them and it did go FP - they just didn't think it was a good idea to let me know.:mad:

    I'll check with the payee later today
  • Dagobert
    Dagobert Posts: 1,625 Forumite
    I thought you had checked before creating upheaval!

    BP stands for Bill Payment.

    The only flag incoming FPs.
    Dagobert
  • D1zzy
    D1zzy Posts: 1,500 Forumite
    Ouch....
    Tesco & natwest flag outgoing payments FP - but then as they go "on creation" you can also see it real time. Not this half baked system that Lloyds have.
  • Dagobert
    Dagobert Posts: 1,625 Forumite
    Half-baked it is indeed. A&L also do not indicate which way a payment is going. Pure guess-work.
    Only Barclays, HSBC, and RBS have fully implemented FP.
    Dagobert
  • D1zzy
    D1zzy Posts: 1,500 Forumite
    Dagobert wrote: »
    I thought you had checked before creating upheaval!

    BP stands for Bill Payment.

    The only flag incoming FPs.

    OK - humble pie and apologies for any confusion caused. I have now checked with the recipient and the £500 arrived today so DID go FP. :o
    I normally pay £600 and that definitely goes BACS so It looks like the £500 limit for FP is correct.
  • Dagobert
    Dagobert Posts: 1,625 Forumite
    D1zzy wrote: »
    I normally pay £600 and that definitely goes BACS so It looks like the £500 limit for FP is correct.
    That is worth knowing.
    Dagobert
  • Dagobert
    Dagobert Posts: 1,625 Forumite
    D1zzy wrote: »
    Silly me again for assuming that BP meant Bacs
    Under your online statement there is a link What do the abbreviations on my statement mean?.
    Dagobert
  • greenmantle
    greenmantle Posts: 190 Forumite
    I had a payment for £750 from LTSB to HSBC (both my accounts) take 4 days recently (request entered online). HSBC were under the illusion that payments from LTSB should all be FP, but obviously haven't talked to anyone at LTSB lately...
    £500 may be the limit, then...
    Now: off-set mortgage *up-and-running*...
    *official Mortgage-free wannabe* :beer:
    Then: Epic graduate debts paid off, 2006-2009
  • stclair
    stclair Posts: 6,854 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    An article about faster payments.

    http://news.bbc.co.uk/1/hi/programme...ox/8074379.stm

    There still on a go slow with some banks lol
    Im an ex employee RBS Group
    However Any Opinion Given On MSE Is Strictly My Own
  • 10_66
    10_66 Posts: 3,462 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    stclair wrote: »
    An article about faster payments.

    http://news.bbc.co.uk/1/hi/programme...ox/8074379.stm

    There still on a go slow with some banks lol

    The above link doesn't appear to be working, try THIS instead.
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