What time of day are Interactive Investor 'same day/urgent' withdrawals credited to bank?

aroominyork

Does anyone have experience of what time of day Interactive Investor same day/urgent cash withdrawals are credited to banks (Nationwide, if that affects the answer)? I am talking about the pre-2pm/£15 service out of a Trading account. The only answer ii could give me over the phone was "by midnight". Thanks.

wmb194

aroominyork said:

Does anyone have experience of what time of day Interactive Investor same day/urgent cash withdrawals are credited to banks (Nationwide, if that affects the answer)? I am talking about the pre-2pm/£15 service out of a Trading account. The only answer ii could give me over the phone was "by midnight". Thanks.

A 2pm cut-off and £15 makes it sound like a Chaps payment. How reliable is Nationwide for receiving Chaps payments? It isn't a direct Chaps participant bank so will be using a third party.

https://www.bankofengland.co.uk/payment-and-settlement/chaps

aroominyork

wmb194 said:

aroominyork said:

Does anyone have experience of what time of day Interactive Investor same day/urgent cash withdrawals are credited to banks (Nationwide, if that affects the answer)? I am talking about the pre-2pm/£15 service out of a Trading account. The only answer ii could give me over the phone was "by midnight". Thanks.

A 2pm cut-off and £15 makes it sound like a Chaps payment. How reliable is Nationwide for receiving Chaps payments? It isn't a direct Chaps participant bank so will be using a third party.

Moderator - please move to forum for rhetorical questions.

wmb194

aroominyork said:

wmb194 said:

aroominyork said:

Does anyone have experience of what time of day Interactive Investor same day/urgent cash withdrawals are credited to banks (Nationwide, if that affects the answer)? I am talking about the pre-2pm/£15 service out of a Trading account. The only answer ii could give me over the phone was "by midnight". Thanks.

A 2pm cut-off and £15 makes it sound like a Chaps payment. How reliable is Nationwide for receiving Chaps payments? It isn't a direct Chaps participant bank so will be using a third party.

Moderator - please move to forum for rhetorical questions.

You don't think it's a reasonable, relevant question? For instance Nationwide often has problems with foreign payments routed through HSBC. If you want a better guarantee of a same day Chaps credit I'd send the money to a direct participant bank but that's me.

aroominyork

It was meant as a joke. Sorry if it didn;t come across as such