Alliance & Leicester faster payments

pippitypip_2

heloid wrote: »

You can definitely send more than one faster payment per day, however only one per recipient. I do this every month to fund my account!

Thanks, though unfortunately this doesn't work that way for me !

Every month, something different - 3 days, 2 days - 5 days (!), I now have to resort to withdrawing cash to pay my bills.

Unfortunately can't get another visa debit card account so I'm stuck with them.

pippitypip

blueberrypie

stuzhunter wrote: »

A&L faster payment normally takes 3 days minimum. They are useless with regard to faster payment..

I use Royal bank of scotland for faster payment and payment is 'instant' 90% of the time or in the account within the hour.

A payment taking three days has not been sent via FP. A&L's FP implementation is poor, but knowing the "rules" has meant that all of my payments in the last few months have been sent via FP and have arrived at their destinations within minutes.

sscott5581

A & L faster payment limit is £250. If you set up a payee and make a payment, the initial payment will always be sent via bacs then faster payment will work on subsequent payments up to the limit £250.

blueberrypie

sscott5581 wrote: »

A & L faster payment limit is £250. If you set up a payee and make a payment, the initial payment will always be sent via bacs

That's something that has definitely changed over the last few months - I had several "first" payments go by FP a few months back.

then faster payment will work on subsequent payments up to the limit £250.

I think "will usually work" would be more accurate.

cottager

I think this 'first payment' difference could be wider than A&L, and something fairly recent.
At Natwest you need a card reader to set up new payment arrangements, but I never had to use it to authorise a first payment using that arrangement. Once it was set up (whether making the first payment at the same time, or as a separate exercise later), it wasn't needed. Now the reader is required for the first payment -- after the first it isn't -- but it still goes by FP, and not by BACS as is being reported with A&L.

pippitypip_2

blueberrypie wrote: »

I think "will usually work" would be more accurate.

:rotfl: yup, exactly!!!

pippitypip

sscott5581

I think "will usually work" would be more accurate

I stand corrected!:rotfl:

FW16

Has anyone else noticed this with A&L

If you set up a future payment, it goes out as BACS, even though it is not the first time you've made a payment to that payee

It only goes out at a FP if you create the payment for the same day

Mikeyorks

'Forward dated' FPs (aka 'bill payments') aren't listed separately on the Ukpayments site. So one assumes that, as SOs (which they more closely resemble than the one-off 'immediate' FP), A&L simply aren't doing them yet.

Ilovecubbage

I think you will find that there is a limit, anything above £250 will take 3 or more days.

Faster payment of £250 and below will be in the destined account within minutes.
Yeah, I have learnt the hard way too. And yes you can only do a one fast payment through fast payment.
They don`t tell you that, do they!


Other banks don`t have such limits, but A&L have their fingers burn, saw it on telly, so they are cautious now, no harm in that.