Will a Lloyds Payment go via FPS to a Barc

lshaw123

Hi,


I need to send 40 quid over to a Barcs account for tomorrow, will it shoot into the account instant?

Has Lloyds fully adopted faster payments now or isit a hit and miss still..

Don't want to send it then it takes 3 working days

Thanks

tranmereforever

It will go as Faster Payment as Lloyds has a limit of £25,000 I believe and Barclays has £10,000 so you are well below this

YorkshireBoy

lshaw123 wrote: »

Don't want to send it then it takes 3 working days

Since the PSD came into force on 1st Jan there's no such thing as a 3 day BACS transfer.

Whilst it's almost certainly the case that your money will arrive instantly, the PSD does allow the payment to arrive by the end of the next working day.

tranmereforever wrote:

Barclays has £10,000 so you are well below this

For incoming payments? Surely not!

lshaw123

tranmereforever wrote: »

It will go as Faster Payment as Lloyds has a limit of £25,000 I believe and Barclays has £10,000 so you are well below this

Thank you!

YorkshireBoy wrote: »

Since the PSD came into force on 1st Jan there's no such thing as a 3 day BACS transfer.

Thanks, wow that's good news, about time!

[Deleted User]

lshaw123 wrote: »

Thank you!




Thanks, wow that's good news, about time!

hmm interesting to know that since an advisor over the phone still says it can take up to 3 working days max lol :rotfl:

lshaw123

vinh1000 wrote: »

hmm interesting to know that since an advisor over the phone still says it can take up to 3 working days max lol :rotfl:

Made Transfer, Advisor said the same thing, Money hasn't hit the account so I guess it will take 3 days.