Santander Esaver -CHAPS transfer (online)

smcqis

I was wanting to do a CHAPS transfer through online banking, when I go to make a payment section there is option to put in to send but says it will take 4 days to reach an account, is there the option to do CHAPs transfer through online banking?

Thrugelmir

CHAPS is an internal manual bank method of making payments.

smcqis

So Santander cant do it to a Halifax acc for example?

Thrugelmir

smcqis wrote: »

So Santander cant do it to a Halifax acc for example?

Only in branch. CHAPS is not an automated system.

YorkshireBoy

Their website bumph lists the options for withdrawals as "online" only.

Have you read your T&Cs to see if CHAPS is an option on your online savings account?

Thrugelmir

YorkshireBoy wrote: »

Have you read your T&Cs to see if CHAPS is an option on your online savings account?

CHAPS is a real time transaction hence why it is not offered online.

The cost of a CHAPS transfer can between £25 and £35.

This is a different system to faster payments.

YorkshireBoy

Thrugelmir wrote: »

CHAPS is a real time transaction hence why it is not offered online.

The cost of a CHAPS transfer can between £25 and £35.

This is a different system to faster payments.

Thanks, I'm well aware of all that , but some online accounts also have the option of call centre initiated CHAPS transfers.

All I'm asking (the OP) is has he read his T&Cs to see what additional support facilities his "online" savings account has.

thenudeone

I'm pretty sure I have seen CHAPS as a withdrawal option on one of my Building Society online accounts (can't remember which).
It should be pretty easy to program in to a site, but probably not worth it because of the very low demand and the extra security that usually accompanies large value payments.

savetilibleed

smcqis wrote: »

So Santander cant do it to a Halifax acc for example?

Northern Rock are the only ones I know who can do CHAPS payments out online for a fee of £35. Bradford and Bingley used to as well.

ChiefGrasscutter

Kauphing Edge used to be able to do this from an online account automatically and immediately - Remember them.
I know 'cos I used it to get all my money out the day Icesave went under - figured (correctly) that they would be next to collapse so 'twas time to help the bank run along a bit on the basis that if you are going to panic - panic early.
Ah...them were the days!

giorgio992

In order to carry out the CHAPS transaction on any Santander account you need to attend the Branch with 2 forms of ID and proof of account ownership such as a card/statement. The branch may advise you that you can't do the transfer however all you need to do is get them to ring through to the online savings helpdesk (08456004388) and they will get it authorised. There will be a small fee, usually around £25, to carry this out and you should attend before 2pm usually to ensure the same day transfer.