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  • FIRST POST
    • gunjin
    • By gunjin 6th Jul 18, 11:44 AM
    • 39Posts
    • 11Thanks
    gunjin
    List of savings accounts with true Faster Payments
    • #1
    • 6th Jul 18, 11:44 AM
    List of savings accounts with true Faster Payments 6th Jul 18 at 11:44 AM
    It would be great to get a list of savings account providers which offer true Faster Payments as savings company websites often provide misleading info about what, to me, is a very important part of the service they provide customers.

    Savings Account Providers (Bold = the Gold Standard of transfer policies)

    1. Major HS clearing banks and their subsidiaries (Lloyds, Barclays, Santander, NatWest, TSB etc.) including Ulster Bank: instant FP withdrawal & instant FP deposit
    2. Tesco Bank: near instant FP withdrawal & near instant FP deposit
    3. Bank of Cyprus: 2hr FP withdrawal & 2hr FP deposit
    4. Skipton Building Society: 2hr FP withdrawal & 2hr FP deposit
    5. Paragon: 1-2-day non-FP withdrawal & batch-based (2x/day) deposit via FP
    6. Post Office: 1-2 (or more) -day non-FP withdrawal & FP-based deposit
    7. Coventry Building Society: 0.5-2-day withdrawal & deposit
    8. Shawbrook Bank:?
    9. Birmingham Midshires: 1-2-day FP withdrawal & FP-based deposit
    10. Kent Reliance: 1-2-day FP withdrawal & FP-based deposit
    11. Leeds Building Society: 0.5-2-day withdrawal & deposit
    12. Yorkshire Building Society: 0.5-2-day withdrawal & deposit
    Can anyone help fill in the blanks? Other savings companies?
    Special thanks to pafpcg for bulk transfer data!
    Last edited by gunjin; 15-07-2018 at 3:21 PM.
Page 2
    • 18cc
    • By 18cc 12th Jul 18, 4:38 PM
    • 735 Posts
    • 485 Thanks
    18cc
    Yes Paragon use HSBC and presumably that is where your cash is lying whilst it waits to be manually transferred.
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