LTSB update time

hammersfan1

Hi,

What time do LTSB update their accounts everyday? Ie BACS credits, cheques cleared, debit card transactions post etc.

Cheers

John

YorkshireBoy

Generally 10pm...

http://www.lloydstsb.com/internet_banking/payments.asp (click 'limits')

hammersfan1

Generally but not today it looks like lol

samjef11_2

hammersfan1 wrote: »

Generally but not today it looks like lol

I guess because it not a bank working day it should changed tomorrow at 10pm as i'm 98% sure Halifax does the same when i , logged in after 10pm.

hammersfan1

yeah i hope its soon after midnight

samjef11_2

hammersfan1 wrote: »

yeah i hope its soon after midnight

Yes it should do after midnight or at 3am in the morning in which to say i won't stay up for that long lol.

YorkshireBoy

hammersfan1 wrote: »

Generally but not today it looks like lol

"Generally" was a reference to Sunday to Thursday, as stated in the link.

These things aren't instant. Expect to see your accounts updated online sometime between 10pm and midnight.

hammersfan1

YorkshireBoy wrote: »

"Generally" was a reference to Sunday to Thursday, as stated in the link.

These things aren't instant. Expect to see your accounts updated online sometime between 10pm and midnight.

I hope your right

Thomas_Crown

Lloyds TSB used to update current accounts online at anytime from 10pm Sun - Thurs but for the last 6 - 8 months it's always been after midnight. Before that accounts were updated from around 2.15 pm on a Sunday but that changed to 10pm & then to after midnight.

Milarky

hammersfan1 wrote: »

Hi,

What time do LTSB update their accounts everyday? Ie BACS credits, cheques cleared, debit card transactions post etc.

Cheers

John

There are really two types of 'time' here. One is when the date changes 'internally' - on things like account-to-account transfers. That happens around 10pm as YB referenced. This is the 'real-time' end of banking which we didn't used to see a lot

But the 'overnight' stuff - things like incoming credits, clearing cheques, debit card charges - or outgoing standing orders and direct debits - 'reconciliation banking' in other words - that probably has to take place during a fairly large 'time-window' at the beginning of each working day, and not before midnight I would assume

saver_sam

I've noticed recently (the last month or so) that transactions are occuring more than once in a day. But that doesn't explain it well.

Ok, on Monday I buy something using my debit card.

In the morning of the Tuesday, I will check my balance online and things like credits, standing orders & direct debits are shown for that day. No debit card transactions are shown.

When I check the next day (Wednesday), debit card payments processed are then dated the day before (Tuesday), and new any credits, standing order & direct debits are dated Wednesday.

Its like the debit card payments are processed a day early now, when it never used to be like that. If I purchased using my debit card on Monday then it was processed/shown on my statement on the Wednesday.

Has there been a change of policy at Lloydstsb does anyone know? Not that it bothers me, I have the funds, its just an odd way to process me thinks and maybe a little sneaky as you see one thing in the morning, and its different for the day when you check the next day.