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Can anyone help, Faster Payment online sent to wrong account number??

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  • Mikeyorks
    Mikeyorks Posts: 10,377 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Anyway Natwest have rangback and have traced the payment as "floating"? It will be bank in Natwest account in 3-5 days

    As stclair correctly implies - it will have rejected at the outset. It needs a handshake from the receiving system .... and won't have got one. Aspects 6 & 7 on this diagram. But not all banks send the acceptance / rejection signal back to the customer.

    http://www.fasterpayments.org.uk/faster_payments/how_to_use_the_faster_payments_service_new/-/page/1943/
    If you want to test the depth of the water .........don't use both feet !
  • hillcats
    hillcats Posts: 899 Forumite
    Part of the Furniture 500 Posts Photogenic
    I always send a "testing amount" first to ensure all info I have typed / been supplied with is correct. Usually no more than £5.00 then when receipt is confirmed into the required account then the larger funds can be moved with piece of mind.
    ORIGINAL MORTGAGE AMOUNT £106,454.00 (Started Sept 2007)
    NOV 2021 O/S AMOUNT £1,694.41 OUR DEBT REDUCED BY £104,759.59 by std regular, over-payments & off-setting.
    BofE +0.19% Tracker Repayment Offset Mortgage Discounted Sept 07-10 then increased to BofE +0.62% until 2027
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