Faster Payment Service

Faster Payment Service

Author
Discussion

fullbeem

Original Poster:

2,044 posts

202 months

Sunday 31st May 2009
quotequote all
I have an aco with Alliance & Leicester, soon to be Santander nad Barclays.

I transfered by internet banking £500 from A & L to Barlcays on Wednesday lunchtime. By end of business Wednesday the funds had left my A&L account but had not been credited to Barclays.

Thursday morning as the funds had still not be credited to my Barclays account balance or even the statement I transfered another £1.11 from A&L to Barclays. It appeared within the hour on the Barclays statement.

Is there some unwritten rule that amounts over a certain level take 3 days to arrive and those under a certain level are immediate. Only details ive found is £10,000 takes 3 days. Or is it Barlcays being shifty with my money. I hasten to add I got charged £8 for non payment of a standing order becuase the money was not available which I will be getting refunded back to me or they can take their business elsewhere.