We’d like to remind Forumites to please avoid political debate on the Forum.
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.
📨 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!
Bank Transfer question please....
arushofblood
Posts: 1,073 Forumite
Does a transfer from one branch of a Building Society to another branch of the same Building Society show up as an 'internal transfer' on your statement ?
She of little trust
She of little trust
0
Comments
-
Perhaps I'm wrong, but I wouldn't have thought funds would/could be designated to individual branches?Stompa0
-
Perhaps I'm wrong, but I wouldn't have thought funds would/could be designated to individual branches?
? I think I'm being a little think not understanding your reply Stompa, sorry !
A buyer has paid for his item via Bank Transfer. My account is showing this transaction as 'internal transfer'. Usually I would see a name or other reference ? I'm just wondering whether this is the case because he banks wit the same building society, albeit in a different part of the country.0 -
arushofblood wrote: »Does a transfer from one branch of a Building Society to another branch of the same Building Society show up as an 'internal transfer' on your statement ?
Yes. There's no reason for the money to pass through the BACS system, so it will be handled internally - and, often, instantly.0 -
Hmmm why post this question on the Grab it board?The main thing is to keep the main thing the main thing:)0
-
-
Just ring your branch and ask - they will confirm :beer::rotfl:0
-
-
nationwide bs to nationwide bs transfers show as internal transfersarushofblood wrote: »Does a transfer from one branch of a Building Society to another branch of the same Building Society show up as an 'internal transfer' on your statement ?
She of little trust0 -
It's not the branch to branch bit that matters but the account to a different account whithin the same bank/building society. With the Halifax, transfers like this just show up as "transfer" and could be from another one of your own accounts, an account at the same branch as you or a branch up the other end of the country. They are instant though and don't go through BACS.0
-
arushofblood wrote: »? I think I'm being a little think not understanding your reply Stompa, sorry
Don't worry, it's me being dim! For some reason I thought you were talking about some sort of transfer between two of your own accounts.Stompa0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards