Money missing after transfer

Money missing after transfer

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Discussion

anonymous-user

Original Poster:

62 months

Friday 12th July
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[redacted]

trevalvole

1,279 posts

41 months

Friday 12th July
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anonymous said:
[redacted]
If it is really a direct debit, then this may help: https://www.directdebit.co.uk/direct-debit-guarant...

However, the timescales you mention seem too quick for a direct debit, so I doubt it is.

22

2,402 posts

145 months

Friday 12th July
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You can' t take it to the ombudsman without exhausting complaints procedures. And which one are you taking to the ombudsman?

Is it really a DD? My kids' payments for school stuff on DD takes a few days to show (but counts straight away). Direct debits aren't usually operated by individuals. It could be a charge on a debit card, or set up as a faster payment or through open banking/similar. Best to be 100% sure of the method of transfer. I imagine one of the bank would step-up with a £100 goodwill gesture before it ever went too far - but it's almost impossible for transfers to actually go missing these days.

anonymous said:
[redacted]

okgo

39,419 posts

206 months

Friday 12th July
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There have been issues with banking this week I saw.

Probably just wait till next week and assess. It’s not like it’s £100,000, you’ll get it back, but probably is just delayed for whatever reason.

alscar

5,479 posts

221 months

Friday 12th July
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Do you mean you simply used the details from your schedule of payees from your Barclays' account to transfer the £100 ?
As such whilst you say money is usually transferred in minutes I have found from various transfer's that it can take anywhere from that to a couple of days !
If your Barclays account balance is showing as -£100 then I think you should give at least until this pm and check with Marcus again.
You are way too early into going to the Ombudsman which as has already been said you cannot go to yet anyway.


okgo

39,419 posts

206 months

Friday 12th July
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Read the posts above, it isn’t a big deal - I’d my take.

Dohnut

583 posts

54 months

Friday 12th July
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Patience is a virtue

Peterpetrole

345 posts

5 months

Friday 12th July
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It happens, 24 hours is nothing. Bet you a hundred it will have turned up by Tuesday. Quit stressing.

highpeakrider

85 posts

64 months

Friday 12th July
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Mine did the same the other week, lloyds to Marcus, took it about a day whereas i’m used to fairly instant.

Mr Overheads

2,491 posts

184 months

Friday 12th July
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anonymous said:
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Take the £100 goodwill and move on with your life.

981Boxess

11,534 posts

266 months

Friday 12th July
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anonymous said:
[redacted]
So you have lost £100 and they have offered to credit you £100. Not entirely sure what the problem is?

If they had misplaced £100k getting an explanation might be more important but in this case does it really matter?

Gas1883

594 posts

56 months

Friday 12th July
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I transferred £52,000 into another nationwide savings account , when it didn’t show up immediately I was having kittens , nationwide reassured me it had been transferred & would take a few days to show up .

tumble dryer

2,095 posts

135 months

Friday 12th July
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Gas1883 said:
I transferred £52,000 into another nationwide savings account , when it didn’t show up immediately I was having kittens , nationwide reassured me it had been transferred & would take a few days to show up .
Uh-huh.... and did it it??

DT1975

666 posts

36 months

Friday 12th July
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Pursue the complaint.

Getting fobbed off for two hours is the issue here despite some people saying taking take it on the chin.

They'll give you something for your trouble although I guess you just want an explanation. My missus used to supervise this kind of stuff for Barclays and their complaints procedure is pretty tight, every call and complaint is recorded and dealt with properly, it may take some time but they'll get to the bottom of it.

Sadly the first line communication for Barclays (call centres) is still pretty shoddy unless you're Barclays Premier (still not great) or Barclays wealth.

Wh00sher

1,661 posts

226 months

Saturday 13th July
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DT1975 said:
Pursue the complaint.

Getting fobbed off for two hours is the issue here despite some people saying taking take it on the chin.

They'll give you something for your trouble although I guess you just want an explanation. My missus used to supervise this kind of stuff for Barclays and their complaints procedure is pretty tight, every call and complaint is recorded and dealt with properly, it may take some time but they'll get to the bottom of it.

Sadly the first line communication for Barclays (call centres) is still pretty shoddy unless you're Barclays Premier (still not great) or Barclays wealth.
They`ve offered to reimburse him so he isn`t out of pocket. If they hadn`t fair enough, but what is the `win` out of this situation ?

Life is too short. Take the money and move on.

Rufus Stone

8,382 posts

64 months

Saturday 13th July
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£100, phah.

I'm waiting for a bank to find where a £400,000 CHAPS has gone. Thankfully it's not my personal money.

S366

1,104 posts

150 months

Saturday 13th July
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I’ve had it once before when I thought I’d lost £9.5k that I’d transferred from one account to another that was usually instant, but after a couple of days it showed up. It’s infuriating but does happen from time to time.
Regarding the £100 they have offered if you don’t escalate the complaint, I’d happily take it, you’re not out of pocket and there’s still the likelihood that the original £100 will still show up.

lancslad58

1,127 posts

16 months

Saturday 13th July
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anonymous said:
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A bank transfer system that does not always work!
Don't take their hush money, this could be as bad as the Post Office Horizon scandal

mwstewart

8,055 posts

196 months

Saturday 13th July
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This does happen sometimes. I give it 48hrs and normally it's either back in the source account or has gone through.

EdmondDantes

332 posts

149 months

Monday 15th July
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I’m guessing it went by FPS

https://www.wearepay.uk/what-we-do/payment-systems...

“ As a minimum, all financial institutions in the UK must abide by the Payment Services Directive (PSD) – this states that any payments made by mobile, internet or phone banking (including standing orders) must arrive by the end of the following business day at the latest.”