Abbey / Santander Faster Payments

Baldur

adindas wrote: »

Yesterday evening I did FP from my Lloyd TSB A/C to my Santander PICR a/c in sum of £300.00 it arrived within minutes to my Santander A/C

Inwards FPs appear to be no problem, I transferred a single payment of £2,500 from HSBC into my newly-opened Preferred Interest Account earlier this week and it arrived straight away (i.e. between logging off HSBC and logging on to Santander).

adindas

Good News Then
It seems that the limit is now increase, as based on this old list is only £300.00 for Santander.
http://www.ukpayments.org.uk/faster_payments_service/value_limits/

Last month when I sent about £1000.00 to Santander (forgot the exact amount) it took 3 working days. But yesterday when I sent LLoyds TSB to Santander £300.00 it just took a few minutes

That it good news as it allow us to transfer/moving money instantly.

ADINDAS

Baldur wrote: »

Inwards FPs appear to be no problem, I transferred a single payment of £2,500 from HSBC into my newly-opened Preferred Interest Account earlier this week and it arrived straight away (i.e. between logging off HSBC and logging on to Santander).

Baldur

adindas wrote: »

That it good news as it allow us to transfer/moving money instantly.

Inwards FPs appear to be OK, whether the same applies to outgoing payments/transfers remains to be seen, as far as I'm concerned.

adindas

Dear Baldur or Other members

Have you tried outward FP from Santander to other Bank who could receive FP ?.

What I am interested is:
1 FP transfer up to £300.00
2. FP transfer of more than £300.00


Thank you
ADINDAS

Baldur wrote: »

Inwards FPs appear to be OK, whether the same applies to outgoing payments/transfers remains to be seen, as far as I'm concerned.

Baldur

adindas wrote: »

...Have you tried outward FP from Santander to other Bank who could receive FP?

Not personally, only inward - as posted previously.

blueberrypie

adindas wrote: »

Dear Baldur or Other members

Have you tried outward FP from Santander to other Bank who could receive FP ?.

What I am interested is:
1 FP transfer up to £300.00

Sometimes, sometimes not. I last tested it a couple of weeks ago. It's still completely unreliable.

AnonymousForObviousReason

adindas wrote: »

Dear Baldur or Other members

Have you tried outward FP from Santander to other Bank who could receive FP ?.

What I am interested is:
1 FP transfer up to £300.00
2. FP transfer of more than £300.00


Thank you
ADINDAS

Don't know if it helps but I did a 2K transaction and it blocked my internet access

stevenhp1987

One thing I've noticed, as a Santander customer...

Payments into the account (FP) are received almost instantly as you would expect from a Faster Payment but whenever I pay into another account, it takes 3 days -> meaning it was sent via BACs rather than FP... no matter what bank you send it to.

For some reason Santander currently only receives faster payments and not send them.

[Deleted User]

stevenhp1987 wrote: »

One thing I've noticed, as a Santander customer...

Payments into the account (FP) are received almost instantly as you would expect from a Faster Payment but whenever I pay into another account, it takes 3 days -> meaning it was sent via BACs rather than FP... no matter what bank you send it to.

For some reason Santander currently only receives faster payments and not send them.

Santander do send them depending if avaliable

blueberrypie

vinh1000 wrote: »

Santander do send them depending if avaliable

...sometimes!