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UBI UK Bond payout timing?
lohr500
Posts: 1,473 Forumite
I'll find out next week for sure, but does anyone have any experience of the time it takes UBI UK to transfer matured bond funds to a main UK bank?
I contacted them last week and they said they use Faster Payments. My 1 year fix Bond matures on the 15th, so I am hoping the funds will be received by the 15th or the 16th.
The timing is important as 16th November is the last day I can fund a Virgin 1 year fixed ISA that I opened on the 17th October !!
Related to this, I'm not sure how strict Virgin are on the 30 day funding deadline for making a deposit into their ISA's.
I contacted them last week and they said they use Faster Payments. My 1 year fix Bond matures on the 15th, so I am hoping the funds will be received by the 15th or the 16th.
The timing is important as 16th November is the last day I can fund a Virgin 1 year fixed ISA that I opened on the 17th October !!
Related to this, I'm not sure how strict Virgin are on the 30 day funding deadline for making a deposit into their ISA's.
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Comments
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In case anyone is interested, I can confirm that my the full value of my UBI UK 1 year fixed bond including the interest, was received in my nominated UK bank account on the same day as the bond matured.1
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lohr500 FTAOD: Is that the Union Bank of India?0
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soulsaver said:FTAOD: Is that the Union Bank of India?
Union Bank of India I received maturity funds and Interest Certificate on maturity date.
O/P referring to United Bank Limited.0 -
What's with the shouty reply?bristolleedsfan said:soulsaver said:FTAOD: Is that the Union Bank of India?Union Bank of India I received maturity funds and Interest Certificate on maturity date.
O/P referring to United Bank Limited.0
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