How long do deposits take to be transferred into Secure Trust Bank?

Just opened a Secure Trust Bank savings account and transfered £1k over from chase bank and the transfer hasn’t gone through. The transfer is showing as completed from chase bank but the funds aren’t showing in Secure Trust bank. It’s been a day since I did the transfer from chase, so l was wondering how long do transfers into Secure Trust take. Are they supposed to be instant or take a while longer. Does anyone know please?

Comments

  • poppystar
    poppystar Posts: 1,586 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Mine have only ever taken about two hours, even when done in the evening. An email confirmation arrives pretty promptly. My nominated account is not Chase though.
  • digital
    digital Posts: 212 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Everything that I have done with Secure Trust Bank has gone at less than glacial speed. Deposits and withdrawals take hours and hours and often run into late the next day. Every other bank I have dealt with has responded within minutes, 30 at the most.

    The bank even advises that replies to secure messages will take three days.

    There's no way I can run my banking at Secure Trust Bank's speeds. Their miniscule interest rate advantage is not worth the hassle and so my wife and I have closed our accounts.
    digital
  • inkydolphin
    inkydolphin Posts: 220 Forumite
    Seventh Anniversary 100 Posts Photogenic Name Dropper
    Just opened a Secure Trust Bank savings account and transfered £1k over from chase bank and the transfer hasn’t gone through. The transfer is showing as completed from chase bank but the funds aren’t showing in Secure Trust bank. It’s been a day since I did the transfer from chase, so l was wondering how long do transfers into Secure Trust take. Are they supposed to be instant or take a while longer. Does anyone know please?
    @maz_hartley Out of interest how long did it take in the end?
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
  • 350K Banking & Borrowing
  • 252.7K Reduce Debt & Boost Income
  • 453.1K Spending & Discounts
  • 243K Work, Benefits & Business
  • 619.9K Mortgages, Homes & Bills
  • 176.5K Life & Family
  • 255.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 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.