Monmouthshire BS First deposit time.

[Deleted User]
[Deleted User] Posts: 0 Newbie
100 Posts Name Dropper Photogenic
edited 15 August 2024 at 1:04PM in Savings & investments
Hello.
I recently opened a RS with MBS and deposited my first £25 yesterday at 2ish, it still hasn't shown up yet online.
Does anybody  know if this is normal for the BS?


Comments

  • LZC
    LZC Posts: 38 Forumite
    Second Anniversary 10 Posts Name Dropper
    Yes that’s very normal for Monmouthshire. 

    They’re the slowest of all my accounts and it’s not close. 
  • I believe it should appear tomorrow when you log in based on timeline you've mentioned.
  • LZC said:
    Yes that’s very normal for Monmouthshire. 

    They’re the slowest of all my accounts and it’s not close. 
    Well that's good to know, l guess:)
  • I believe it should appear tomorrow when you log in based on timeline you've mentioned.
    OK, thank you for replying. 
  • Hoenir
    Hoenir Posts: 7,081 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 15 August 2024 at 4:30PM
    BS's are not banks. As a consequence they'll always be a time lag. As the data is transferred from their bankers onto their own system. 

    If you look up the sort code of the account that you've sent the money to. You'll note that's one of the main UK clearing banks. 
  • Hoenir said:
    BS's are not banks. As a consequence they'll always be a time lag. As the data is transferred from their bankers onto their own system. 

    If you look up the sort code of the account that you've sent the money to. You'll note that's one of the main UK clearing banks. 
    OK, thanks for the information. 
    HSBC  by the looks of it.
    Always learn stuff  on MSE
  • All sorted arrived today.
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