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Faster Payments this weekend to N&P
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Any organisation that is not a full member of the Faster Payments Scheme will not provide immediate payment functionality. Basically they store up all the payment transactions they receive during the day then process them overnight, but they only do this on business days. Without knowing how N&P schedule this I can't say whether the payment will be credited to your account for start of day on Tuesday or at the end of Tuesday ready for Wednesday. This applies to nearly all Building Societies and some of the smaller banks.
thanks, now I know!0
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