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Comments

  • mebu60
    mebu60 Posts: 1,965 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    My Skipton matured 1 Jun, but no sign of those funds yet.

    Clearly not as organised as Saffron 🤣
    Where are your maturity proceeds destined to go?

    My RS maturity funds were in my Skipton EA as requested yesterday. 
  • RG2015
    RG2015 Posts: 6,233 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 2 June 2024 at 2:52PM
    Does the weekend deposit thing with Skipton apply to Saffron too? 

    Curious as I manually opened and funded the new account  yesterday (at least I hope I did, used the same payee details but updated the ref no) but it's still showing as £0.
    Yes, both Skipton and Saffron do not credit at weekends.
    Skipton do credit at weekends but deposits don’t start to earn interest until the next working day.

    Faster payments
    Skipton is part of the Faster Payments network which means payments from most UK banks will be applied to your account within 2 hours of the payment being sent, regardless of the day or time they have arrived.

    For Faster Payments sent on a weekend, bank holiday or after the evening cut off (typically 6:00 pm) we won’t receive the funds until the next working day. This means that, even though the money might show in your Skipton account, it will not start to earn interest until the next working day.

  • BooJewels
    BooJewels Posts: 3,151 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    My Skipton RS matured yesterday and I'd nominated my BRT to receive the funds and was a smidge surprised that it had happened when I looked in today - I was expecting it to not potentially happen until tomorrow.  Perhaps it happened today because it was to another Skipton account. 
  • wiseonesomeofthetime
    wiseonesomeofthetime Posts: 2,649 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 3 June 2024 at 8:05AM
    mebu60 said:
    My Skipton matured 1 Jun, but no sign of those funds yet.

    Clearly not as organised as Saffron 🤣
    Where are your maturity proceeds destined to go?

    My RS maturity funds were in my Skipton EA as requested yesterday. 
    To an external current account, for onward transmission to my 5.20% Beehive EA (Probably NLA)

    I can wait tbh. No drama, for me.

    Edit, 08:00, Mon 3 Jun: Just checked my app and the matured funds are showing in my BRT, allegedly of 1 Jun, yet I know that they were not in there on Sunday morning. Could have sworn I chose nominated external account, but no matter, it will move out today.
  • castle96
    castle96 Posts: 3,074 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Still waiting for my Skipton RS funds (mat 31/5). They are coming back 2 me. They know of "a problem"
  • Johnny-Cage
    Johnny-Cage Posts: 302 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Got my Club Lloyds maturing tomoz take it I will be free to open a new one then 
  • arfster
    arfster Posts: 698 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    castle96 said:
    Still waiting for my Skipton RS funds (mat 31/5). They are coming back 2 me. They know of "a problem"
    Mine turned up today (mat 1/june)
  • pochisoldi
    pochisoldi Posts: 384 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Been trying to open a new Saffron Members Month Regular Saver (via the website) - all I get is a reference number, no followup/confirmation email, and no new account showing on the website or in the app.

    Anybody else having issues? Or should I just be a little more patient?


  • KneadtheDough
    KneadtheDough Posts: 472 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Been trying to open a new Saffron Members Month Regular Saver (via the website) - all I get is a reference number, no followup/confirmation email, and no new account showing on the website or in the app.

    Anybody else having issues? Or should I just be a little more patient?


    I received an email almost instantly telling me my Saffron Members Month Regular Saver a/c was open. Perhaps message them, after checking your sp@m box... 
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