IMPORTANT LLoyds Bank change time of funding account

Hiram

Lloyds bank have changed their terms and conditions for overdraft fees.

However, look what else they have done..............

In the small print it says "Additional changes to your bank and savings account saving and conditions"

Funding your account to make a payment. "From 30 October 2017 we are changing the cut-off time to 2.30pm."


The cut-off time used to be 3.30pm.

You must pay in money to your account before 2.30pm for it to work for your account. Therefore in effect they have shortened the banking day from 9.30am-2.30pm.

I feel lots of folks will be caught out by this change.

Shout it from the roof tops.

molerat

Same with BOS.

MABLE

Hiram wrote: »

Lloyds bank have changed their terms and conditions for overdraft fees.

However, look what else they have done..............

In the small print it says "Additional changes to your bank and savings account saving and conditions"

Funding your account to make a payment. "From 30 October 2017 we are changing the cut-off time to 2.30pm."


The cut-off time used to be 3.30pm.

You must pay in money to your account before 2.30pm for it to work for your account. Therefore in effect they have shortened the banking day from 9.30am-2.30pm.

I feel lots of folks will be caught out by this change.

Shout it from the roof tops.

Also TSB will be following suit.

northwalesd

MABLE wrote: »

Also TSB will be following suit.

Yes, that change is in the updated TSB T&Cs sent out this week (changes from 5 Nov I think).

veryintrigued

Is it to do with Brexit and the hour difference.

#takingourcuttofftimesback