Marcus is live!

NoviceAngel

short_butt_sweet wrote: »

legalize all drugs. (cutting off one of the major sources of cash for money laundering.)

abolish all frontiers. (cutting off another source: people trafficking.)

seize all real estate whose ownership is hidden, unless and until the owners come forward and explain the source of their wealth.

So what do we do about Brexit? Can we go back to the Marcus discussion thread ?

short_butt_sweet

NoviceAngel wrote: »

So what do we do about Brexit?

no comment ... i'm sticking to non-controversial topics

Can we go back to the Marcus discussion thread ?

feel free, but haven't we exhausted the topic by now?

Deneb

Doc_N wrote: »

There has to be a better way than this.

Well, if you're asked where the money is from when it first arrives in one of your accounts from an external source, you really have no choice but to say that it's an inheritance, if that is indeed what it is.

But being as Marcus can only be funded from a linked account also in your name, why would anyone declare the funds as an inheritance? As soon as it is in one of my accounts, I would declare it as my savings for any further purposes, in that it is now my money and by moving it to a savings account I'm saving it!

Answering anything else it just inviting the obvious surely?

pafpcg

Interest should be due today for those of us who opened their account on the very first day. But it won't be there until sometime on Monday. A notice is displayed on the account overview page:

"Account interest payments

Interest is calculated daily, and applied to your account monthly on the date your account was opened. So if you opened your account on 27 September, your interest will be paid on the 27th of each month. When that date falls on a weekend or bank holiday, the interest will be credited by the end of the next business day."

ColdIron

Or for those of us who opened our accounts on the evening of the 26th, when it was announced on this board, the interest was credited yesterday and is already showing

Peelerfart

ColdIron wrote: »

Or for those of us who opened our accounts on the evening of the 26th, when it was announced on this board, the interest was credited yesterday and is already showing

Yup! Confirmed, my interest is showing. Might celebrate with a small wine.

andy265

Granadalad wrote: »

Interesting the problem isn't unique. Just checked my old account and the £1 has not returned, so vanished by (black) magic

I opened an account yesterday and transferred over £1 as a test that still hasn't arrived, did yours get there eventually?

Steve_xx

andy265 wrote: »

I opened an account yesterday and transferred over £1 as a test that still hasn't arrived, did yours get there eventually?

It should get there if you got the details correct, of course!

However, it is not unknown for new payees to suffer delays. I've noted this problem with new payees setup from Santander and HSBC.

Oddly enough, small amounts seem to attract more attention than middling amounts. A £1 payment to a new payee might attract more attention than say £250 I guess this may be because fraudsters are known to attempt to move small amounts before going for the kill! But that's just my thoughts on it, I've no hard evidence to back this.

andy265

Looking at the details on my online banking, it definitely went to the right place. I'll wait until tomorrow and contact them then if it still hasn't arrived.

Makes sense what you say about small amounts being more likely to be checked (especially to new payees) than bigger amounts.

YorkshireBoy

andy265 wrote: »

I'll wait until tomorrow and contact them then if it still hasn't arrived.

Presumably you haven't yet read the help files on their website?...

If you’ve transferred money over the weekend, it can take until the end of Monday to show in your account depending on when we receive it.


https://www.marcus.co.uk/uk/en/public-site/help