Can't deposit to Principality, also should I trust them?

RayWolfe

Never had any trouble with this.
Transfers do need notice 3-5 days (they do quote 5) and future transactions do not show if the transaction is within those 5 days. That's because they have been transacted and cannot be changed. All REAL future transactions do show correctly, can be cancelled or amended.

blizeH

Just rang Lloyds and all of the amounts are over their £10,000 transaction limit anyway, ngggh!

Quite frankly I have absolutely *no idea* what to do now. Do I just let all three transactions bounce and set up three individual ones now, two @ £10k and one at £3k or what?

tawse57

I have never found a problem with them so far. Sorry to hear of your problems.

dadsarmy

Thank you

Can cheques from a third party or my joint account be posted to credit account - if made payable to PBS re -my name

Reestit_Mutton

dadsarmy wrote: »

Hi

My £1 cheque went through Ok

Tried to transfer £10 by direct debit into PBS from another building society and nothing shows in `future transactions'

Ah...hang on a mo'....is your other BS account a current account with a cheque book?

from their website:

Please note: in order to complete the setting up of this linked account, you will need to send us a cheque drawn from this account.

Reestit Mutton

bristolleedsfan

Reestit_Mutton wrote: »

Ah...hang on a mo'....is your other BS account a current account with a cheque book?

Principality require a cheque drawn from ALL accounts that are to be linked whether its a current account or not as a means of verifying the linked account. ( anti money laundering)

bristolleedsfan

dadsarmy wrote: »

Thank you

Can cheques from a third party or my joint account be posted to credit account - if made payable to PBS re -my name

Yip can be posted as long as the account is already open and first personal Bank Account Cheque has already been deposited.

dadsarmy

My account has been opened with personal a cheque from me

Just checking that I can send a joint account cheque now from wife and myself - but it is a non linked account

Thank you

Reestit_Mutton

bristolleedsfan wrote: »

Principality require a cheque drawn from ALL accounts that are to be linked whether its a current account or not as a means of verifying the linked account. ( anti money laundering)

I always thought that if an account had a cheque facility it was, by definition, a current account.

From thefreedictionary.com:

Current Account - a bank account against which the depositor can draw checks that are payable on demand

What other (non-current) accounts are you referring to that will allow you to write cheques?


RM

blizeH

blizeH wrote: »

Just rang Lloyds and all of the amounts are over their £10,000 transaction limit anyway, ngggh!

Quite frankly I have absolutely *no idea* what to do now. Do I just let all three transactions bounce and set up three individual ones now, two @ £10k and one at £3k or what?

Sorry to bump this, but I'd really like to get it sorted asap.