Natwest Loan Online Application Query

EMMANUELLE_2

Hi all,

This may be a silly question but I hope someone may be able to help.
If you apply online for a loan via your own online banking(providing a tick as a signature, so signed) and at the end it tells you your loan account number and date of your first repayment, also saying that money will be the account the next day, should I take that as an acceptance?

I have done that on Friday morning and the money showed on my online banking but not under my bank account but under a new account (I do not know if you understand what I mean). An other account has been created with the new loan account No...

I have done an online loan application before and the money was on my account the next day at 9am...This time when I checked on Saturday and Sunday it was not there...Does it mean that it has not been accepted or is it because it was the week-end??

I guess I will soon know : confused: but am a bit unsure as to whether to feel anxious or not?

Thanks for your answers

Emmanuelle

KingElvis

If you were able to sign the agreement online then you have been sucessful.

zppp

EMMANUELLE wrote: »

Does it mean that it has not been accepted or is it because it was the week-end??

Yes, it credits the next working day, i.e. today.

little_miss_muppet_face

And it opens a new account, it does on Lloyds TSB, i have my usual account, and then a new loan account, however the money shows in my regular bank account..