TSB to Lloyds payment missing?

AirlieBird

Heng_Leng wrote: »

Have TSB moved off of Lloyds platform for payments yet?

Postponed to Q1 2018.

bigadaj

badger09 wrote: »

Neither:)

Though I suppose it depends on your definition of loaded;)

Just thought the sum was a typo.

TheShape

badger09 wrote: »

About 30 minutes ago I sent a payment of £3200 from Lloyds Club to Santander account ready for tomorrow's RS funding and it arrived within 10 minutes.

bigadaj wrote: »

Are you showing off or just loaded?

Once you've harvested a good number of the regular savers, the amount of monthly funding can grow to a quite staggering level. My usual monthly funding amount is approx £2k but with a recent increase to my stooz pot I'll likely be funding regular savers with around £4k p/m for the next few months.

Bigadaj, I take it you're not running lots of regular savers yourself.

bigadaj

TheShape wrote: »

Once you've harvested a good number of the regular savers, the amount of monthly funding can grow to a quite staggering level. My usual monthly funding amount is approx £2k but with a recent increase to my stooz pot I'll likely be funding regular savers with around £4k p/m for the next few months.

Bigadaj, I take it you're not running lots of regular savers yourself.

I am but use a hub and spoke system, bouncing funding requirements to current accounts, crediting the associated regular saver and then returning excess to a central account.

Sending a large amount to a Santander account and then funding a range of regular savers seemed odd, assumed it was a typo on the £200 amount just for the Santander regular saver but that might be incorrect.

EachPenny

TheShape wrote: »

Once you've harvested a good number of the regular savers, the amount of monthly funding can grow to a quite staggering level.

I agree with that. At 34 it has become a problem and requires quite a bit of juggling each month. But at the same time it is also a convenient solution to the loss of the Tesco DD facility.

I'm just a bit shocked that badger09 would forego a day's worth of interest on the Club Lloyds account :eek: and do the transfer today rather than tomorrow

TheShape

bigadaj wrote: »

I am but use a hub and spoke system, bouncing funding requirements to current accounts, crediting the associated regular saver and then returning excess to a central account.

Sending a large amount to a Santander account and then funding a range of regular savers seemed odd, assumed it was a typo on the £200 amount just for the Santander regular saver but that might be incorrect.

I suppose I've got used to my 'Hybrid' method of funding. Half-of my regular savers (the ones that are funded 'regularly every month' are funded directly from my main current account either straight to the account on the 1st or more 'hub and spoke' like with the account that need funding from the associated current account (FD/Santander/M&S) throughout the month.

I'll probably transfer £1750 to my Nationwide account tomorrow to send on to the Virgin Money Regular Savers with perhaps an extra £500 to fund new Halifax and BOS Regular Savers (dependent on funding requirements).

I also got paid today and had I transferred that pay to another account today in order to earn a days' interest I would have been transferring in excess of £4k back to Nationwide tomorrow to fund regular savers.

To fund my current account pay-in requirements I do a manual cascade/cycle of funds through the accounts once per month.

WineDarkSea

I have over £2k missing this morning. All from HSBC based banks - First Direct, M&S and Tesco. Although the HSBC transactions all worked fine.

It’s unusual for there to be such a delay, I hope it all turns up.

badger09

bigadaj wrote: »

Just thought the sum was a typo.

No, not a typo

bigadaj wrote: »

I am but use a hub and spoke system, bouncing funding requirements to current accounts, crediting the associated regular saver and then returning excess to a central account.

Sending a large amount to a Santander account and then funding a range of regular savers seemed odd, assumed it was a typo on the £200 amount just for the Santander regular saver but that might be incorrect.

Largely for historic reasons, I've used Santander to fund most of my minimum pay in accounts which can't be funded internally, and most of my regular savers. My 'main' current account gives no interest so is quickly drained on pension days, and there was always plenty in Santander to cover every eventuality;).

EachPenny wrote: »

I'm just a bit shocked that badger09 would forego a day's worth of interest on the Club Lloyds account :eek: and do the transfer today rather than tomorrow

I'm happy to forego a few pence interest in exchange for a good night's sleep:)

bigadaj

Fair enough we all have different methodologies.

I have largely ignored regular savers that pay less than 2.5% and certainly 2% as the return isn't worthwhile, particuallry when inflation is well above that.

Excess money gets paid into other areas with potentially higher returns but risk, whether that is worthwhile depends on individual views and circumstances.

badger09

What has bigadaj done?

Or am I not allowed to ask?