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how do i pay by bank transfer?

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hi guys i know this is a silly question but how do i pay by bank transfer and how do i receive a bank transfer what details do i have to give the other person thanks in advance joanne Read More
6889joannew Avatar
8y, 3m agoPosted 8 years, 3 months ago
hi guys i know this is a silly question but how do i pay by bank transfer and how do i receive a bank transfer what details do i have to give the other person
thanks in advance
joanne
6889joannew Avatar
8y, 3m agoPosted 8 years, 3 months ago
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#1
I am not 100% on this but I think you need the sort code and a few other details
#2
If you use online banking it should let you do it easily enough if you have the other persons sort code and account number. To receive you just need to give the same details to the other person
#3
jase.2
If you use online banking it should let you do it easily enough if you have the other persons sort code and account number. To receive you just need to give the same details to the other person

Hi their thanks for that,
just didnt want to give out the wrong details,also ow long does it usually take to clear in someones bank or does this vary
Thankyou
#4
Your usually looking at 3 working days providing you do it before 4pm. My online banking has a section to set up a one off payment and its done via that or indeed a regular payment section
#5
jase.2
Your usually looking at 3 working days providing you do it before 4pm. My online banking has a section to set up a one off payment and its done via that or indeed a regular payment section

Thanks for that,
One more question sorry,
If someone pays and it doesnt clear can they still cancel it before it clears
Thankyou
Regards joanne
#6
6889joannew
Hi their thanks for that,
just didnt want to give out the wrong details,also ow long does it usually take to clear in someones bank or does this vary
Thankyou


It varies, most banks now accept " Faster Payments ", so it could be almost instant, or it could take around 3 working days.

You just need to give your name, your sort code and your account number.
#7
6889joannew;4732350
Thanks for that,
One more question sorry,
If someone pays and it doesnt clear can they still cancel it before it clears
Thankyou
Regards joanne

If they are doing it online it shouldnt let them start the process if the account they are transferring from hasnt got enough funds in it.

Ive never tried to cancel a payment ive sent, so not sure if thats possible, however when ive done them in the past the money disappears out of my online balance as soon as i confirm the transaction
#8
jase.2
If they are doing it online it shouldnt let them start the process if the account they are transferring from hasnt got enough funds in it.

Ive never tried to cancel a payment ive sent, so not sure if thats possible, however when ive done them in the past the money disappears out of my online balance as soon as i confirm the transaction


Thanks so much for all your answers very much appreciated you have put my mind at rest lol
thanks so much
Regards
joanne
#9
tinkerbell28
Yes I was going to say this and faster payments can't bounce they are sent immediately and clear within 2 odd hours at the other bank.

Thanks for that tinkerbell much apreciated
was just a bit worried about it all lol
thanks once again
Joanne

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