We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Electronic bank clearing times
rijk
Posts: 2 Newbie
There was a lot of news around a year ago about the establishment of the new Payments Industry Association and electronic bank payment processing times being reduced to a few hours by November 2007. I've not heard anything about this recently - does anyone know when this is going to happen? Thanks.
0
Comments
-
Originally they had hoped to get it in place by November 2007 (i.e. by now) but it has been delayed until May 2008 at the earliest
- see APACS press release:
http://www.apacs.org.uk/media_centre.../08_14_07.html
- and some background on why it has been delayed:
http://www.computing.co.uk/computing...-slows-34154250
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards