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Fineco Bank multicurrencies account
Comments
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wmb194 said:[Deleted User] said:Hi all - sorry but from the replies I’ve been unable to deduce what method Fineco use to send Sterling/what has or hasn’t changed!0
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[Deleted User] said:wmb194 said:[Deleted User] said:Hi all - sorry but from the replies I’ve been unable to deduce what method Fineco use to send Sterling/what has or hasn’t changed!
It might be a stop-gap before implementing faster payments.0 -
wmb194 said:[Deleted User] said:wmb194 said:[Deleted User] said:Hi all - sorry but from the replies I’ve been unable to deduce what method Fineco use to send Sterling/what has or hasn’t changed!
It might be a stop-gap before implementing faster payments.0 -
[Deleted User] said:wmb194 said:[Deleted User] said:wmb194 said:[Deleted User] said:Hi all - sorry but from the replies I’ve been unable to deduce what method Fineco use to send Sterling/what has or hasn’t changed!
It might be a stop-gap before implementing faster payments.
https://www.bankofengland.co.uk/-/media/boe/files/payments/chaps/chaps-technical-requirements.pdf
Btw, it's a bad idea to send minuscule amounts as it can trip banks' fraud algorithms. Tiny transactions are often precursors to larger, fraudulent transactions related to e.g., account takeover, money muling and other scams. It's also a common pattern when criminals test stolen credit and debit card numbers.0 -
wmb194 said:[Deleted User] said:wmb194 said:[Deleted User] said:wmb194 said:[Deleted User] said:Hi all - sorry but from the replies I’ve been unable to deduce what method Fineco use to send Sterling/what has or hasn’t changed!
It might be a stop-gap before implementing faster payments.
https://www.bankofengland.co.uk/-/media/boe/files/payments/chaps/chaps-technical-requirements.pdf
Btw, it's a bad idea to send minuscule amounts as it can trip banks' fraud algorithms. Tiny transactions are often precursors to larger, fraudulent transactions related to e.g., account takeover, money muling and other scams. It's also a common pattern when criminals test stolen credit and debit card numbers.
As for the £0.01 - I’ve sent many many of these and never had an issue personally. I will always do it if you’re not getting confirmation of payee. Although it’s got my dads Barclays locked up (the second transfer after a test) a few times. Perhaps I’ve been lucky or banked in the right places.0 -
Here’s an interesting question. How do Fineco handle UK bank holidays?
I sent a payment late on Friday in GBP for a holiday which hasn’t arrived yet - I kind of expected this as I’d heard you have no progress on weekends with payments in. In terms of this Monday - I believe their customer service will be back open as it’s not a public holiday in Italy - but will the inbound payment still be held up until Tuesday (perhaps due to a partnership with a UK bank - although most UK banks process FP all the time?)
Thanks for anyone replying to my musings by the way!0 -
[Deleted User] said:Here’s an interesting question. How do Fineco handle UK bank holidays?
I sent a payment late on Friday in GBP for a holiday which hasn’t arrived yet - I kind of expected this as I’d heard you have no progress on weekends with payments in. In terms of this Monday - I believe their customer service will be back open as it’s not a public holiday in Italy - but will the inbound payment still be held up until Tuesday (perhaps due to a partnership with a UK bank - although most UK banks process FP all the time?)
Thanks for anyone replying to my musings by the way!
https://www.officeholidays.com/countries/italy/2023
https://publicholidays.it/2023-dates/
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wmb194 said:[Deleted User] said:Here’s an interesting question. How do Fineco handle UK bank holidays?
I sent a payment late on Friday in GBP for a holiday which hasn’t arrived yet - I kind of expected this as I’d heard you have no progress on weekends with payments in. In terms of this Monday - I believe their customer service will be back open as it’s not a public holiday in Italy - but will the inbound payment still be held up until Tuesday (perhaps due to a partnership with a UK bank - although most UK banks process FP all the time?)
Thanks for anyone replying to my musings by the way!
https://www.officeholidays.com/countries/italy/2023
https://publicholidays.it/2023-dates/
Fineco could do with some resources/literature around inbound payments imo - there is some about outbound.0 -
wmb194 said:
I had a First Direct (part of HSBC) regular saver mature today (Sunday) and I've already transferred the money away.
Thanks for the reminder! I forgot my FD Regular Saver also matured today.
Did you have to call First Direct?
My RS account is no longer showing in the app but the balance isn't yet in my existing FD savings account yet.0 -
gt94sss2 said:wmb194 said:
I had a First Direct (part of HSBC) regular saver mature today (Sunday) and I've already transferred the money away.
Thanks for the reminder! I forgot my FD Regular Saver also matured today.
Did you have to call First Direct?
My RS account is no longer showing in the app but the balance isn't yet in my existing FD savings account yet.1
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