nationwide bs

sparkyxxx

If I transfer money from my nationwide overdraft into my Santander current account but pay it back to nationwide by 8.30 pm tonight will I get charged its a flex account by the way!

Thanks in advance!

simax

Unlikely as it's the weekend. Worst case scenario it'll be a days interest, which will be pennies.

MoneySaverLog

Probably as Santander will hold the payment back from experience, but know what you're trying to do and would be better of with 0% OD with flex direct account :-)

Archi_Bald

MoneySaverLog wrote: »

Probably as Santander will hold the payment back from experience

It's complete rubbish to generalise like this. There's a thread somewhere about Santander's security hold-ups but to say they always hold up all payments at the weekend (which seems to be what you are saying) is just nonsense.

MoneySaverLog

Point taken but if the OP wants a guarantee that the payment will reach Nationwide to avoid OD charges by 8.30pm tonight then this needs to be pointed out.

Archi_Bald

There is no such guarantee, regardless of the banks/BSs involved.

By law, they have to get your money to the recipient by the end of the next working day (unless they have reason to believe the payment is fraudulent, in which case it appears they can take forever).