Marcus is live!

simonhunter87

I did a test small payment Saturday night and it still isn't showing Sunday morning at 1030am. I'm surprised it isn't using Faster Payments

Wheres_My_Cashback

firestone wrote: »

Seem to remember reading a couple of years back that some banks do soft credit checks for checking client details no trail left but some did hard checks on savings products that can leave a trial ( Bank of Ulster was one)

Banks do not legitimately do full seraches for savings accounts. They are only required to verify ID due to AML regulations and that is what they do.
Bank of Ulster admitted errors in their procedures and admitted they should have never carried out full searches. They later removed those seaches for all affected.

Rheumatoid

Just transferred 17k and it was almost immediate.

Rheumatoid

Rheumatoid wrote: »

Still not there. No contact from Natwest yet! Its showing as gone on my Natwest account.

EDIT: apparently their fraud team have stopped it but it is not their policy to tell me and I just have to notice and then chase them up. ****** ridiculous. Never had this when a bank or CC suspect anything. They chase me!

Gave Natwest a stern talking to and they offered me £50 by way of apology - result:T

colsten

mrmadcat wrote: »

I did a test small payment Saturday night and it still isn't showing Sunday morning at 1030am. I'm surprised it isn't using Faster Payments

They are using Faster Payment. The commitment for Faster Payment is that your money reaches its destination no later than the end of the next working day. The fact that some/most FPs go a lot faster does not invalidate the commitment.

tg99

10_66 wrote: »

tg99: I opened one today for myself without any problems, but my OH opened one immediately after and got the same message you got. What was the outcome of yours, did they open it or decline?

Called them on Friday and they said had not been declined but that sometimes the ID verification checks they do need further review if any details don’t exactly match based on the tools / verification services they use. Was advised could take up to 5 working days but then got an email yesterday confirming my account was now open and I have subsequently successfully transferred money in.

SpanishBlue

It will be interesting to see if the competition raise their rates.


If not, I can see a lot of funds moving from the likes of Tesco, Bank of Cyprus etc to Marcus.

Kernel_Sanders

Whilst trying to get to sleep last night, I realised that I had failed to capitalise one of the letters. It should be noted that you are not warned that a 3rd incorrect password will lock your account for up to two and a half days. Also, the £7K transfer from my linked BoS account triggered a Lloyd's/BoS fraud risk suspension, lifted after a few minutes chat on the 0800 no. provided. (In stark contrast to Marcus, this was after 10pm).

capital0ne

aj23 wrote: »

If you stuck a grand it in, you only get £15. 1.5% is nothing to write home about.

I wouldn't be rushing to open this account.

I could use that please send me your £15
Set up an annual DD to:
Send to J Bloggs, AnyBank 89-00-99 4561230

Cheers

capital0ne

Sallyforth wrote: »

Hilarious - Marcus rejected me. Possibly because my credit rating is trashed. Pity they don’t realise I have a half million inheritance I’m trying to invest sensibly! Their loss.

You're okay £250,000 is the account limit