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Spreadsheetman

Odd. Every savings account I have only accepts transfers in and out from a nominated account, not direct from anywhere, so it would not be possible to move a house sale balance in there without going through that nominated account first (in my case my main current account).

I'd expect it would just bounce back to the Solicitors account eventually if Chase won't accept CHAPS transfers, but I'd certainly be chasing up for information.

Flugelhorn

My NS&I accepts payments in from anywhere but will only pay out to a nominated account. Agree if Chase won't accept it then it should bounce back

Scotbot

It will eventually be returned to your solicitor.  They will then have to pay it either to another account or via another method to Chase.  The alternative to CHAPS is BACS but that will take 3 days. Check whether Chase accept BACS payments if not your solicitor will have to pay it to another account.

penners324

Request your solicitor does a BACS payment when the payment is returned to them.

tetrarch

You need to talk to your Chase as soon as possible. Tell them what has been done and ask THEIR advice

It may be that the payment will revert to BACS as a default - it is still just a bank-to-bank transfer after all

Regards

Tet

canaldumidi

It may well be sitting in a Chase Suspense account, waiting for them to work out what to do with it.

This may help (and duckduckgo has many other examples)....

https://www.gocompare.com/current-accounts/reclaiming-misdirected-payments/

saajan_12

Not a huge worry, the money will be (eventually) found, what should happen is 
1. Chase bounce back the payment
2. Solicitors get the money back into their account
3. Solicitors pay it to you some other way

However each stage will need some nudging to speed it up and avoid the money being sat unsure where to go for too long. So you can 
1. Follow up with Chase once every few days to find and bounce back the money from whatever holding account
2. Follow up with solicitors once every few days to find the money returned in their general account and allocate it to you / pay you some other way. 

Thrugelmir

saajan_12 said:

2. Follow up with solicitors once every few days to find the money returned in their general account and allocate it to you / pay you some other way. 

Money will be returned to their clients account. This will be constantly monitored so no issues on this score. 

saajan_12

Thrugelmir said:

saajan_12 said:

2. Follow up with solicitors once every few days to find the money returned in their general account and allocate it to you / pay you some other way. 

Money will be returned to their clients account. This will be constantly monitored so no issues on this score. 

How do you know, unless youre OP?  Do you mean client account or client's account here? 
Yes the money would be returned to the account where the payment originated, likely the CLIENT account. However that would have transactions for many other clients too (not the client's account ie one just for OP). The return transaction may not have a helpful reference like you might use when transferring money to a solicitor, so might need some extra monitoring. 

I didn't say its an issue, just worth chasing as its not automatic..

diego_94

You need to lean on your solicitor to get this sorted, its their mistake after all. Go through their complaints process.