Changing Bank Accounts - Beware Of Santander

al25

Archi_Bald wrote: »

The Santander hold-ups I am aware of are for 1st payments to new payees only, not for subsequent ones. No first payment took longer than the end of the next business day for me, and subsequent payments are more or less instant. Is your experience the same?

Same here, all subsequent payments have been almost instant.

SuperAllyB

I have found second payments get delayed if the initial payment is a £1 test, but certainly payment still made well within the legal guidelines.

msallen

I've never had any delays with FPs from Santander, either first time or subsequent ones - or at least none that I've noticed.

zerog

It is very variable. Sometimes payment from one Santander account to another account will arrive instantly, but paying the same other account from another Santander account will be delayed for up to 16 hours (a limit which I have seen on another thread here)