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Bank Transfer question please....

arushofblood
arushofblood Posts: 1,073 Forumite
in Ebay, auctions, car boot sales, post & parcels
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 :D

Comments

  • Stompa
    Stompa Posts: 8,379 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Perhaps I'm wrong, but I wouldn't have thought funds would/could be designated to individual branches?
    Stompa
  • arushofblood
    arushofblood Posts: 1,073 Forumite
    Stompa wrote: »
    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.
  • andrewk_2
    andrewk_2 Posts: 69 Forumite
    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.
  • JPS
    JPS Posts: 1,402 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Hmmm why post this question on the Grab it board?
    The main thing is to keep the main thing the main thing:)
  • arushofblood
    arushofblood Posts: 1,073 Forumite
    JPS wrote: »
    Hmmm why post this question on the Grab it board?

    I didn't ! I was on the Ebay board two tics ago !! :confused:


    Ooops, or was I ?!?! Sorry folks ! Please shove me across mods :D
  • topmum
    topmum Posts: 387 Forumite
    Just ring your branch and ask - they will confirm :beer:
    :rotfl:
  • Madam_Arcati
    Madam_Arcati Posts: 45 Forumite
    JPS wrote: »
    Hmmm why post this question on the Grab it board?

    It is YOU who is on the wrong board! :rotfl:

    This is the Ebay board and the question was posted in the correct place.
  • Stuart_P
    Stuart_P Posts: 814 Forumite
    Part of the Furniture 500 Posts Combo Breaker Photogenic
    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 ?

    She of little trust :D
    nationwide bs to nationwide bs transfers show as internal transfers
  • carol_a_3
    carol_a_3 Posts: 1,104 Forumite
    Part of the Furniture Combo Breaker
    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.
  • Stompa
    Stompa Posts: 8,379 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    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.
    Stompa
This discussion has been closed.
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