Barclays Fraud Exposed

cjellwood

Update: Refund has been given

flam147

dunstonh wrote: »

Saturday is not a working day. However, it is possible to see early debit transactions going through on a Saturday. Equally you can usually see automated credits going through on Monday as well and they will usually offset each other with no problem. Counter transactions may not get processed until much later on the working day (or next working day if after cut off).

Banks require that you pay the money in one working day before the debits are due. Paying in after 4pm on a Friday for a Monday debit is not doing that.

this would be true in the old days when bank ledgers were in use (hand written) but now with computerised system i would take less time ie instant so the money should be in your account instantly

flam147

flam147 wrote: »

this would be true in the old days when bank ledgers were in use (hand written) but now with computerised system i would take less time ie instant so the money should be in your account instantly

so the bankteller takes your £140 puts it in the till puts the info on the computer then after you have gone takes the £140 out of the till puts it to oneside , takes the deposit off the computer then comes back on monday morning puts your £140 back in the till then re enter the deposit on the computer!!!

natweststaffmember

flam147 wrote: »

so the bankteller takes your £140 puts it in the till puts the info on the computer then after you have gone takes the £140 out of the till puts it to oneside , takes the deposit off the computer then comes back on monday morning puts your £140 back in the till then re enter the deposit on the computer!!!

No, the money is credited the following working day so for Saturday, the value date is Monday