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!

Yorkshire Building Society Deposit

Has anybody got a YBS savings account and deposits money through faster payments from their current account. Opened an account yesterday and transferred £100 two hours ago using the account details they provided as it’s the minimum balance to keep the account open. Looking at the app it hasn’t gone in.. Does anyone know how long it normally takes to appear? 

Comments

  • pafpcg
    pafpcg Posts: 936 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    After years of sending Faster Payments (via standing orders) for my YBS regular savers, I can confirm that what YBS put in that webpage posted by Colsten - up to four hours - is what I'd expect.  With a standing order, the funds are sent in the early hours so YBS have credited the account by the time I check at around 10am.  For the latest YBS regular saver, I'm using a mixture of manually requested Faster Payments (usually a few hours before I bother to check) or make the deposit by debit card. (But watch what YBS say about debit card deposits - it takes a few working days before the deposit starts earning interest.)

    I hope your deposit is visible by now!
  • woodyy00
    woodyy00 Posts: 7 Forumite
    First Anniversary Name Dropper First Post
    pafpcg said:
    After years of sending Faster Payments (via standing orders) for my YBS regular savers, I can confirm that what YBS put in that webpage posted by Colsten - up to four hours - is what I'd expect.  With a standing order, the funds are sent in the early hours so YBS have credited the account by the time I check at around 10am.  For the latest YBS regular saver, I'm using a mixture of manually requested Faster Payments (usually a few hours before I bother to check) or make the deposit by debit card. (But watch what YBS say about debit card deposits - it takes a few working days before the deposit starts earning interest.)

    I hope your deposit is visible by now!
    All gone in thanks! 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.