Paying money into somebodies account via your account
#1
Paying money into somebodies account via your account
Somebody is paying money into my account VIA their bank,so he has gone into his bank with the cash or using the funds in their bank with my sort code/acc. no to be credited
How long does it take to show ?
ive been told by that person, the bank said after 12pm today (midnight)
my bank said it should show up instantly, but he may not of got the jist the other party was paying cash into their account using my sort code etc
so ? LOL
cheers
How long does it take to show ?
ive been told by that person, the bank said after 12pm today (midnight)
my bank said it should show up instantly, but he may not of got the jist the other party was paying cash into their account using my sort code etc
so ? LOL
cheers
Last edited by The Rig; 26 January 2012 at 06:37 PM.
#5
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Think it depends on Banks, Ive transfered from Yorkshire to Natwest and vice versa and it shows after half hour. Other banks dont show for 24 hours which I find strange.
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#10
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CHAPS is a same day payment system
If cash has been paid into your account it could take a day or 2 to show if it was transferred from another bank to your if BACS was used that it would take 3 days to show although the bank could tell you if it will be received after 2 days as the reports are produced a day in arrears or payments (if you get what I mean)
If he transferred direct from his bank account (and it was a main bank) then usually Faster Payment is used which can take a few hours to show or a few minutes it has also been know to take a few days too.
If cash has been paid into your account it could take a day or 2 to show if it was transferred from another bank to your if BACS was used that it would take 3 days to show although the bank could tell you if it will be received after 2 days as the reports are produced a day in arrears or payments (if you get what I mean)
If he transferred direct from his bank account (and it was a main bank) then usually Faster Payment is used which can take a few hours to show or a few minutes it has also been know to take a few days too.
#12
Best case tomorrow, worst Monday.
Banking seems slow this week. I did a tx on Monday at 1630 and it only arrived today, usually its 2 days max, but most days its same day tbh.
Banking seems slow this week. I did a tx on Monday at 1630 and it only arrived today, usually its 2 days max, but most days its same day tbh.
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It all depends if their bank supports "FastPay".
If it does it's instant - otherwise 3-4 working days.
The Government is trying to get all banks to support it
If it does it's instant - otherwise 3-4 working days.
The Government is trying to get all banks to support it
#19
See http://www.ukpayments.org.uk/faster_.../value_limits/ for details of which banks support faster payments and what the limits are. Did the chap pay the cash into his own account at his bank and then transfer to you, or did he just pay directly into your account but at his bank? If the latter then I don't know whether that will qualify for faster payment system even if both banks support it.
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Jonny mac
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09 October 2015 12:25 PM