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

If he is doing a bank transfer it should be instant unless he is putting a certain date

Thats what i thought

it was after 3.30 he reckons

think its bullsh1t and he`s delaying as usual,all i get back its done and the bank said after 12pm tonight

I thought TT/CHAPS was almost instantaneous and essentially guaranteed, although I think TT costs about 25 quid !

BACS I think takes about 3 days

Shaun

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.

i have transfered to somebody once and it should up instantly, another time to the same guy it took 3 days

I often transfer between Barclays to HSBC and l tsb and the other way round all in acount within mins

Well iv just transferred 45k from building soc to linked account via chaps and its going to have taken several days

Building Society is a different kettle of fish.

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.

cheers guys, so we have a bit of a hit and miss yes/no, some do some dont, i`ll have to reluctantly wait the time before i visit Him as he`s had all the chances/excuses i am prepared to accept.

cheers

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.

Uh oh keyboard warrior aleart :eek:

Chop

Ps - as SN has proven over the years any Keyboard warrior is more likely to be max moseley than hulk hogan.

Ah,but luckily its non forum related so forum rules dont apply.

i am with lloyds whenever i transfer money to A n other i get told in the same phone call that it has gone.

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

Correct.

Ah yes Santander does cos i did a transaction there last week

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.

well,the 1st bumph he told me was indeed a lie, i received no payment this morning (the it will be after 12pm mate bit)

After some persuation (sp) he has now paid and it was instant,cash in his local bank (same branch as me)

cheers all