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Delay in online payments!

We are told to ditch cheques and use e-banking so why does it take up to 4 business days for me to pay my credit card bill from my current account when its with the same company? a cheque takes 3 days to clear.

Will e-banking ever be quicker? it should be instant or at least 1 day max.



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Comments

  • amorge
    amorge Posts: 386 Forumite
    That seems like a long time! It takes 2 working days for Nationwide to pay my C.One CC when I do online....
    LBM 18/06/15 - [STRIKE]£20,276.64[/STRIKE] :eek:
    01/07/15 - £19,897.02
  • chanz4
    chanz4 Posts: 11,057 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Xmas Saver!
    take its halifax, they do the same. rbs does it the same day
    Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.
  • SCO
    SCO Posts: 729 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    chanz4 wrote: »
    take its halifax, they do the same. rbs does it the same day

    Yes HBOS. Lloyds have obviously designed there system for them and not for the customer.
  • The new directive coming into force this month will make it obligatory that payments will have to be made within 24 hours.
    To make this happen some banks will not let you set up new standing orders to any account that is not faster payment compliant.
  • chanz4
    chanz4 Posts: 11,057 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Xmas Saver!
    Its about time
    Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.
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