Email from Natwest regarding Loan

Blackpuddin

Hi all

I've applied for a loan from Natwest today, I'm an existing customer with online banking facilities.

On completion of the application it came up with the terms and I "signed" the agreement.

I received an email saying my loan application was agreed in principle but then in bold it said "your application is now complete and we will text you in the next working day when the funds have been transferred to your account".

This seems contradictory as in principle suggests its not been agreed but the further text suggests its a done deal? Has anyone else had this and what happened?

Thanks

[Deleted User]

It means they may or may not run further checks and if/when they send the funds, they'll let you know.

If they change their minds, they'll let you know that too.

DCFC79

I shouldn't worry, just await the text tomorrow.

Blackpuddin

So today, on my online banking the loan is showing as a new account but the funds are not yet available.

Does this mean its all processed and I'm just waiting for the funds to be added today?

Thank you.

[Deleted User]

Almost probably definitely.

bigisi

Deleted_User wrote: »

Almost probably definitely.

Perhaps...

Blackpuddin

Now in my account 😊
Very easy process.
Thanks for the help.