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!

Santander current accounts

Hi,

I am looking to switch my Lloyds Vantage current account to Santander shortly for their deals. Does anyone know if the Santander current accounts do Faster Payments like Halifax and Lloyds? I have got Halifax as well. The Santander account is just opened for their deals.

Thanks.:o

Comments

  • blueberrypie
    blueberrypie Posts: 2,402 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Name Dropper
    Santander's implementation of Faster Payments is dire. Even if you keep below the daily limit of £300, payments often go by BACS anyway. Stay well clear.
  • Baldur
    Baldur Posts: 6,565 Forumite
    Santander's implementation of Faster Payments is dire. Even if you keep below the daily limit of £300, payments often go by BACS anyway. Stay well clear.
    Agreed, I have 3 x Vantage, 3 x Halfiax Rewards and 1 x Santander Pref Interest and the Santander one is so dire that outgoing FPs are a no, no as far as I'm concerned - inward ones are fine.
  • I have the same current accounts as Baldur, plus a Business Santander account paying 6% on up to £2500 and have to agree that Santanders FP system is all but non-existent ........
  • Thanks everyone. Just as well I am maintaining the Halifax account.
  • A_Star
    A_Star Posts: 361 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Drives me mad, when we were Alliance and Leicester FPs always worked, now they've moved our account to Santander they just randomly work, usually when I'm not bother and don't work when I need it to!
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I also have not had any luck with Santander Outgoing FPs.
    For Incoming FPs, it sometimes arrive in the same day.
    Baldur wrote: »
    Agreed, I have 3 x Vantage, 3 x Halfiax Rewards and 1 x Santander Pref Interest and the Santander one is so dire that outgoing FPs are a no, no as far as I'm concerned - inward ones are fine.
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
  • 354.8K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.6K Spending & Discounts
  • 247.6K Work, Benefits & Business
  • 604.6K Mortgages, Homes & Bills
  • 178.6K Life & Family
  • 262.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K 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.