Faster Payments Experiences

KeithEssex_2

pfpf wrote: »

£250.00 and to Barclays. just checked and its still not processed and i now notice the date is set as the 15th June, hardly fast!

very disapointing but hardly unexpected from UK banks.

so not working:

A&L to A&L
A&L to Halifax
Lloyds to Barclays.

what could i try just to actually see a FP work?


where are people getting the info from about which banks are operating which system on a send/recieve basis? the APACS site is for checking receiving only.

The first Faster Payments that you will be able to make are likely to be from your Lloyds TSB account to either Halifax or Barclays. However it looks like Lloyds TSB are still having problems as I am still unable to send from my CA with them.

The whole project is being spoilt by a complete lack of software testing, overall project co-ordination and providing adequate information to the customer.

APACS should be doing more to address these issues !

pfpf

KeithEssex wrote: »

The whole project is being spoilt by a complete lack of software testing, overall project co-ordination and providing adequate information to the customer.

......and the banks not actually wanting it to work? :rolleyes:

KeithEssex_2

pfpf wrote: »

......and the banks not actually wanting it to work? :rolleyes:

To be fair a few of them have delivered for their customers :-

1. HSBC
2. RBS (NatWest)

Lloyds seem to be struggling with it's implementation of "Sending" faster payments.

HBOS and Barclays should be able to send Faster Payments in a few months.

And the situation for most of the Building Societies can only be described as "mixed".

chris1

KeithEssex wrote: »

To be fair a few of them have delivered for their customers :-

1. HSBC
2. RBS (NatWest)

Lloyds seem to be struggling with it's implementation of "Sending" faster payments.

HBOS and Barclays should be able to send Faster Payments in a few months.

And the situation for most of the Building Societies can only be described as "mixed".

To Keith Essex - a good summary - but how about this suggestion? Perhaps you could edit your first post with an update (which we can all help with) on who can send and who can receive. This would be a useful resource.

From these boards and other people I know who have tested faster payments -
Able to SEND
- HSBC (including First Direct)
- RBS (including NatWest)
- Barclays
- Tesco

Able to receive
- HSBC (including First Direct)
- RBS (including NatWest)
- Coventry BS
- Egg
- Tesco
- Northern Rock
- Newcastle (but doesn't show online until next day, though with previous day's date)

Suggest you only list where it's actually been tested, not just announced by the bank.

Would you be willing to do that KeithEssex?

higgins_1

Halifax/Bank fo Scotland definately can receive faster payments into their accounts but can't send them as yet.

msaquib

Alliance & Leicester can now receive faster payments. Just did a transfer from FD to A&L and it was there immediately.

MS

thrustmaster

Abbey were supposed to be introducing the faster payment system.. not sure if it is in place yet.. remember hearing about it before i quit in May.

chris1

thrustmaster wrote: »

Abbey were supposed to be introducing the faster payment system.. not sure if it is in place yet.. remember hearing about it before i quit in May.

Abbey (and Cahoot) don't seem to be doing it yet.

worried3

moved money from
tesco to halifax very fast within 3 hours
a very pleasant surprise as I had forgotten about these faster payments.

senab

msaquib wrote: »

Alliance & Leicester can now receive faster payments. Just did a transfer from FD to A&L and it was there immediately.

What sortcode was that to? I've just checked via the sort code checker and sending a payment and it's still using BACS. My sort code is 72-50-05.