Tandem - Open Banking with unused bank

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  • Madison
    Madison Posts: 174
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    I've been using Tandem since April and the only issue I have with it is that it takes about 15 mintues for money transfers to go to my linked current account, and from that account to Tandem.   I only transfer money to my current account when I'm about to make a purchase so this isn't ideal.  It's the only account I've experienced this with and all my others make instant transfers.  I'll be closing it once the bonus interest rate ends.
  • Qyburn
    Qyburn Posts: 2,082
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    If you're quick you can open the Santander account and get 5.2% with a proper banking app and conventional Faster Payments.
  • Does anyone know if the open banking connection can be cancelled at the current account bank end once there is a Tandem link?
  • Qyburn
    Qyburn Posts: 2,082
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    edited 14 September 2023 at 6:57AM
    ischris85 said:
    Does anyone know if the open banking connection can be cancelled at the current account bank end once there is a Tandem link?
    Yes this is an inherent part of Open Banking.  The exact process will depend on the bank but for example TSB you select "Manage Data Sharing". For each connection there's a "Stop Sharing" option. 

    Edit : Tandem shows as Truelayer
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