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First Direct international payments being sent next working day
mro
Posts: 813 Forumite
Anyone else found that standard international payments setup over phone (£4 fee) or online (free) to EU are being sent next working day ?
They introduced new system around September last year.
Since then international payments seem to go out next working day.
Foreign services advisors say it is because payments are scheduled/queued in batches for currency & currency cut-off times, but I don't think they really know.
They say they now have no influence over sending payments as they are now automatically queued & sent by system.
Not sure that makes sense and explains delay when you have arranged the payment in the morning and it is sent next working day.
Anyone else had this or got an explanation ?
.
They introduced new system around September last year.
Since then international payments seem to go out next working day.
Foreign services advisors say it is because payments are scheduled/queued in batches for currency & currency cut-off times, but I don't think they really know.
They say they now have no influence over sending payments as they are now automatically queued & sent by system.
Not sure that makes sense and explains delay when you have arranged the payment in the morning and it is sent next working day.
Anyone else had this or got an explanation ?
.
0
Comments
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Why use them ??
Transferwise.com is a far better cheaper option & your money gets there ina few hours.0 -
Isn't this what they say they'll do, as per https://www1.firstdirect.com/1/2/travel-and-international/international-payments#in-more-detail:Anyone else found that standard international payments setup over phone (£4 fee) or online (free) to EU are being sent next working day ?
[...]
Anyone else had this or got an explanation ?How long will it take?
Payments to an account within the EEA will normally be credited by the next working day.0
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