We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!

Current experiences with Santander (inc A&L) Faster Payments?

What is the current state of play? How many multiple payments (and of what amounts) to the same accounts are possible now?

I used them today, making faster payments from both A&L and Santander accounts. I made three repeat payments from Santander to the same account (is there any limit to the number of single payment requests?) and two payments - again to the same external account - from A&L. A&L used to baulk but now seems OK..

It appears that repeat payments (under the limit of £250) do now work. So what 'successes' have people had?
.....under construction.... COVID is a [discontinued] scam

Comments

  • jen245
    jen245 Posts: 1,606 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Major success for me is ditching them and moving to bank that does proper faster payments :beer:
    Debt free and staying that way! :beer:
  • They are behind in the times but as I understand it, their new faster payments system has been ok...

    If you haven't heard anything about it. No news is good news...
  • blueberrypie
    blueberrypie Posts: 2,400 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Name Dropper
    I sent three payments on the same day, of £100 each, from my A&L account, to three separate accounts, all of which send and receive FPs.


    The first payment, to First Direct, went by FP.
    The second payment, to Halifax, went by FP.
    The third payment, to another Halifax account (in a different name), went by BACS.

    So I wouldn't ever *rely* on any payment from A&L going by FP, regardless of whether you've previously sent a FP to the receiving account.
  • rb7oaks
    rb7oaks Posts: 49 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    I have made a payment today to a Co-op account - went by FP, paid a Halifax a/c went by BACS. Pay another A&L account goes into "Pending transactions" for 2 days before then xferring immediately ?????? How's that logical?????
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
  • 351.8K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.2K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K 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.