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Nationwide Future Dated Internal Transfers

miller
miller Posts: 1,716 Forumite
Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
in Budgeting & bank accounts
On 29/03 I setup a £250 future dated payment to my Flex Regular Online Saver (FROS) from my FlexDirect account for 01/04.

The entry on my FlexDirect is dated 02/04 (i.e. today), can't see the entry on the FROS, but the available balance is correct.

Is this some Sunday/Bank Holiday thing or something to do with settting it up in advance? I assume if I manually did it on 01/04, it would be dated as 01/04.

Comments

  • Robin9
    Robin9 Posts: 13,078 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    With 01/04 being a Sunday and today 02/04 a bank holiday I am surprised its showing at all - have a look tomorrow.
    Never pay on an estimated bill. Always read and understand your bill
  • Hazzanet
    Hazzanet Posts: 1,725 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Savings accounts usually update overnight.
    4358
  • AirlieBird
    AirlieBird Posts: 1,046 Forumite
    Although internal transfers are carried out on a Sunday, they are dated on the Monday. This would be the case whether by SO, dated future payment or instant transfer.
    Did you really mean to put loose?
    Lose: no longer possess, not to retain, unable to find
    Loose: not firmly or tightly fixed in place
  • clivep
    clivep Posts: 716 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Should show on the RS tomorrow along with wording like "Credit 01 April 2018" as I believe interest is earned from 1st in these circumstances.
This discussion has been closed.
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