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No References in Savings Accounts

Why do saver accounts have no references when transferring money. From one account to another. I'm now losing track of the transfers and what there for. Especially with Christmas looming and other items I've been buying for my new garden.

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  • Why do saver accounts have no references when transferring money. From account to another
  • Ayr_Rage
    Ayr_Rage Posts: 2,622 Forumite
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    edited 27 October 2024 at 7:10PM
    What bank/institution?
    Do you mean internal transfers?
  • eskbanker
    eskbanker Posts: 36,928 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Is it just me who sees the first post timed at 17:03 but the second one at 17:00?  MSE Towers a bit delayed on changing the clocks perhaps....
  • masonic
    masonic Posts: 26,981 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    eskbanker said:
    Is it just me who sees the first post timed at 17:03 but the second one at 17:00?  MSE Towers a bit delayed on changing the clocks perhaps....
    It isn't just you. But the timestamps are timezone-aware, so perhaps the OP possesses a Tardis.
    Sueellio said:
    Why do saver accounts have no references when transferring money. From account to another
    Because there is little need for this, given both the sender and recipient are one and the same. The reference field in a BACS transfer or Faster Payment is used to communicate information relating to the payment from sender to recipient.
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