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Where are your maturity proceeds destined to go?wiseonesomeofthetime said:My Skipton matured 1 Jun, but no sign of those funds yet.
Clearly not as organised as Saffron 🤣
My RS maturity funds were in my Skipton EA as requested yesterday.0 -
Skipton do credit at weekends but deposits don’t start to earn interest until the next working day.chris_the_bee said:
Yes, both Skipton and Saffron do not credit at weekends.orange-juice said: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.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.
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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.0
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To an external current account, for onward transmission to my 5.20% Beehive EA (Probably NLA)mebu60 said:
Where are your maturity proceeds destined to go?wiseonesomeofthetime said:My Skipton matured 1 Jun, but no sign of those funds yet.
Clearly not as organised as Saffron 🤣
My RS maturity funds were in my Skipton EA as requested yesterday.
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.
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Still waiting for my Skipton RS funds (mat 31/5). They are coming back 2 me. They know of "a problem"0
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Got my Club Lloyds maturing tomoz take it I will be free to open a new one then0
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We've moved the posts about Saffron password issues into their own thread
https://forums.moneysavingexpert.com/discussion/6532474/saffron-building-society-password-problems
Official MSE Forum Team member. Please use the 'report' button to alert us to problem posts, or email forumteam@moneysavingexpert.com23 -
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?
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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...pochisoldi said: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?0
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