We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
munk, depends on the bank but it's common. Best thing you can do really is to arrange an overdraft sufficient to cover situations like this. Say a couple of months of salary worth so you can move around that much without risk of charges. Assuming you don't use the overdraft for routine borrowing, that is.
The frustrating thing is this was a complete one off and there was already a sizable amount in the account, just not quite enough to cover the transfer until the cheque had cleared. I'm just surprised the cheque amount showed up on the account balance immediately rather than after it had cleared. As I said above I'd forgotten it was a cheque when I set up the transfer, just presumed because the account balance had been credited that it was available for transfer.
Last week I paid a large check into my account and the "available balance" was adjusted immediately along with the account balance.
There is either a glitch on it, or they have deliberately adjusted the way the balances are viewed.
This was my experience exactly. End of day, a lesson learnt to check the 'available funds' before moving money around and not to rely on the account balance alone.
