How long does it take for a bank transfer?

44
Found 14th Dec 2008
Hi i sold a laptop on here and was paid through bank transfer,i was wondering how long it normaly takes to get to my acc?thanks
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up to 5 working days, depending which banks.

I'm sittin in 1 right now.

:x
that sucks
tell me about it!
depends I have sent some and they have take 20 seconds to 2 hours .. internet banking easy peasy
i was money sent last night and its still not in my acc
you should hopefully get the money by monday... as some online banks do not send money over weekend...
Tell us which banks are involved, If it is the same bank being used by both parties, it may be faster.
Inactive;3758845

Tell us which banks are involved, If it is the same bank being used by … Tell us which banks are involved, If it is the same bank being used by both parties, it may be faster.



Yorkshire bank to my llods tsb acc
up to 2hours (serious) dont need to be the same bank either
black gerbil1;3766528

up to 2hours (serious) dont need to be the same bank either


depends on bank. A lot of banks havent implemented fast transfers yet.
You can check via sortcode if both banks are part of the Faster Payments Service ]here

Institutions currently sending Faster Payments include:[LIST]
[*]Abbey
[*]Alliance & Leicester
[*]Barclays Bank
[*]Citi
[*]Clydesdale & Yorkshire Banks,
[*]HBOS
[*]HSBC
[*]LloydsTSB
[*]Northern Bank
[*]Royal Bank of Scotland Group (incorporating NatWest and Ulster Bank)[/LIST] Banks currently receiving Faster Payments include:[LIST]
[*]Abbey
[*]Alliance & Leicester
[*]Barclays Bank
[*]Citi
[*]Clydesdale & Yorkshire Banks,
[*] Co-operative Bank
[*]HBOS
[*]HSBC
[*]LloydsTSB
[*]Nationwide
[*]Northern Bank
[*]Northern Rock
[*]Royal Bank of Scotland Group (incorporating NatWest and Ulster Bank)[/LIST]
csiman;3766556

depends on bank. A lot of banks havent implemented fast transfers yet.


damn brah.

op change bank mane, I aint got time for 5days
strobez1977;3766505

Yorkshire bank to my llods tsb acc



you should receive it in your bank by lunchtime today as both are part of the FPS :thumbsup:
strobez1977;3758212

i was money sent last night and its still not in my acc



If you can tell me your card details with security number and address I can find out for you if you like
Chidda;3766611

If you can tell me your card details with security number and address I … If you can tell me your card details with security number and address I can find out for you if you like



I dont think so lol
any luck so far??
no
do you have evidence that the other party sent the transfer ?
choc1969;3768965

do you have evidence that the other party sent the transfer ?



yes i was emailed a screen grab of the transaction.
bank transfers are all instant now

i would double check that screen grab if i were you it may have been altered or printed before transaction had gone through
casparwhite;3769082

bank transfers are all instant nowi would double check that screen grab … bank transfers are all instant nowi would double check that screen grab if i were you it may have been altered or printed before transaction had gone through



Not all. See the first page with list of participating banks in fast transfers. :thumbsup:
i keep checking it every 15 min and nothing new
ajay87;3769100

Not all. See the first page with list of participating banks in fast … Not all. See the first page with list of participating banks in fast transfers. :thumbsup:



the two banks were are using are in that list/
ajay87;3769100

Not all. See the first page with list of participating banks in fast … Not all. See the first page with list of participating banks in fast transfers. :thumbsup:



you tell me which bank is not on that list then mate....

also i use the yorkshire bank and i can tell you that it is instant and this is the bank used if you check the previous messages
the payment was sent on sat would that make a diff?thanks
well i am the person who paid for the laptop and i sent money via online bank transfer.. from my yorkshire bank account... Now as you can see from my feedback i do NOT scam. I have paid for high priced items before and had no problems with the sellers. I paid it on saturday at around 8.15pm

EDIT: I have no problem in waiting for the money to clear before the item is sent to me, the only reason why i keep asking strobez1977 is because i need the laptop as soon as possible.
do a transfer to my account and ill check :P
jaguark;3769257

well i am the person who paid for the laptop and i sent money via online … well i am the person who paid for the laptop and i sent money via online bank transfer.. from my yorkshire bank account... Now as you can see from my feedback i do NOT scam. I have paid for high priced items before and had no problems with the sellers. I paid it on saturday at around 8.15pmEDIT: I have no problem in waiting for the money to clear before the item is sent to me, the only reason why i keep asking strobez1977 is because i need the laptop as soon as possible.



perhaps contact your bank just in case they transferred someone else the money, it has happened to me before :?
I have sent it to the correct person. I have checked the sort code and account number and name a few times before i sent the amount. I will ring the bank now and see if i can get through to someone who can help.
Is it the lost transfer funds that pay for the shareholders bubbly at the meetings?

a la banking adverts from't telly!!
jaguark;3769354

I have sent it to the correct person. I have checked the sort code and … I have sent it to the correct person. I have checked the sort code and account number and name a few times before i sent the amount. I will ring the bank now and see if i can get through to someone who can help.



not saying it's you.......the banks make mistakes all of the time
choc1969;3769372

not saying it's you.......the banks make mistakes all of the time



no nooo lol am not saying ur blaming me... thank you for your advice.. i have just rang them and they said that it will take upto 3 working days. So the money should be transferred within next day or 2... as weekend is not counted. (btw i rang this number 08456 000 333)
so were looking at wed at the latest
jaguark;3769411

no nooo lol am not saying ur blaming me... thank you for your advice.. i … no nooo lol am not saying ur blaming me... thank you for your advice.. i have just rang them and they said that it will take upto 3 working days. So the money should be transferred within next day or 2... as weekend is not counted. (btw i rang this number 08456 000 333)



3 days ????? they're taking the mick.....:x, why sign up to FPS if you ignore it, must need the Christmas interest
just read this its says that yorkshire bank can only receive payments fast.. yorkshire bank customers can not send fast payment yet
jaguark;3769487

just read this its says that yorkshire bank can only receive payments … just read this its says that yorkshire bank can only receive payments fast.. yorkshire bank customers can not send fast payment yet


im afraid whatever that link is it is incorrect because i regulary send bank transfer to and from my gf's account and i use the yorkshire bank and it is transferred instantly

also transferred to my bro's halifax account as well instantly
erm.. its from the yorkshire bank website itself.. so how can they be wrong? i am sure the webpage would have been corrected a long time ago if there was any more changes.
jaguark;3772980

erm.. its from the yorkshire bank website itself.. so how can they be … erm.. its from the yorkshire bank website itself.. so how can they be wrong? i am sure the webpage would have been corrected a long time ago if there was any more changes.



that page says from may.... the faster transfers have been happening since september mate

ive done 20 or 30 of these in the last few months and i can 100% say that they are pretty much instant no matter what you say kidda

quoted from website

[COLOR="Red"]Receive and Send payments Faster[/COLOR]To begin with … [COLOR="Red"]Receive and Send payments Faster[/COLOR]To begin with Yorkshire Bank customers [COLOR="Blue"]will only be able to receive Faster Payments[/COLOR], but in the future, will be able to send many payments faster - using Telephone and Internet Banking and standing orders. Details of further changes being made to our payments system - will be provided in statements, on this webpage, in Branch or in Financial Solutions Centre.



[COLOR="Red"]Benefits to look forward to[/COLOR] * Make payments much … [COLOR="Red"]Benefits to look forward to[/COLOR] * Make payments much faster than the current 3 days it usually takes using BACS*. * Telephone and Internet payments processed in hours, not days. * Payments via Internet and Telephone Banking can be made and received 24/7.



well i think i might need to give yorkshire bank another call and see why the money is taking so long to transfer as casperwhite payments are sent and received almost instantly
jaguark;3776607

quoted from websitewell i think i might need to give yorkshire bank … quoted from websitewell i think i might need to give yorkshire bank another call and see why the money is taking so long to transfer as casperwhite payments are sent and received almost instantly



still a non believer.... here you go
Faster Payments Sort Code Checker

Faster Payments is a new service which enables banks to process phone, internet and standing order within a few hours.

If your bank or building society has confirmed that it is offering you the Faster Payments Service and you want to make a payment this way, you can check whether the account you are sending money to is able to receive a Faster Payment by checking the sort code here:

Faster Payments can be sent to this sort code.
Clear Number

Even if the sort code of the account you are checking is able to receive Faster Payments, you should remember these other top tips before making your payment:

* check that you are able to send a Faster Payment from you account;
* check that the payment you are making is within the value limit set by your bank;
* if you want to pay a bill, you should check the timescales on the back of the bill to ensure your payment is made on time; and
* always double check the account number and sort code, as once you have made a Faster Payment it can’t be cancelled.

Remember, if it is not possible to use the new service, you can still make your payment online or over the phone using the existing three-day Bacs service.

Faster Payments is the first new payments service to be introduced in the UK for more than 20 years. To ensure that the service is launched smoothly, securely and with total reliability for customers, banks and building societies are gradually offering the service to their customers.

Below is a list of the banks that are currently sending and receiving Faster Payments. Not all accounts across each bank or building society are currently able to receive Faster Payments. By using the sort code checker you can be sure that the account you are sending to, can receive a Faster Payment.

Institutions currently sending Faster Payments include:


* Abbey
* Alliance & Leicester
* Barclays Bank
* Citi
* Clydesdale & Yorkshire Banks,
* HBOS
* HSBC
* LloydsTSB
* Northern Bank
* Royal Bank of Scotland Group (incorporating NatWest and Ulster Bank)

Banks currently receiving Faster Payments include:

* Abbey
* Alliance & Leicester
* Barclays Bank
* Citi
* Clydesdale & Yorkshire Banks,
* Co-operative Bank
* HBOS
* HSBC
* LloydsTSB
* Nationwide
* Northern Bank
* Northern Rock
* Royal Bank of Scotland Group (incorporating NatWest and Ulster Bank)

(Updated 01/12/08)
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