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    need to transfer some money to my brothers bank account asap. whats the best way?

    im with lloyds tsb and hes with halifax. rang my bank today to see if they could do a fast transfer but they cant. they mentioned something called a chaps transfer. has anyone done this before and will it go into his bank straight away? he needs the money by monday

    46 Comments

    easiest thing to do is to walk into a halifax branch and pay the cash in there,immediate

    do you maybe have a friend who banks with the halifax and they can transfer it using their account - and u give them the money?

    I do my transfers on line. just enter all bank details and it gose over within and hour. i think your to late for chaps today.

    A chaps will go if you do it tom, ahve you got an online bank account?

    chaps cost about £20

    withdraw money, go to his bank and just deposit it over the counter with his sort/acc code

    boothy;7950238

    easiest thing to do is to walk into a halifax branch and pay the cash in … easiest thing to do is to walk into a halifax branch and pay the cash in there,immediate



    yes thats actually better and far simpler!

    Original Poster

    jackvdbuk;7950243

    chaps cost about £20withdraw money, go to his bank and just deposit it … chaps cost about £20withdraw money, go to his bank and just deposit it over the counter with his sort/acc code



    they said it would cost £30.

    he wont let me draw it out in cash as its £8100 i need to give him. he wont let me walk through the town with that amount of money on me incase something happens

    Chaps usually costs about £25 but the money will be transferred within one working day.

    Banned

    donna-lou;7950256

    they said it would cost £30.he wont let me draw it out in cash as its … they said it would cost £30.he wont let me draw it out in cash as its £8100 i need to give him. he wont let me walk through the town with that amount of money on me incase something happens



    Does he need the full amount on monday?

    Original Poster

    muckyangel;7950242

    I do my transfers on line. just enter all bank details and it gose over … I do my transfers on line. just enter all bank details and it gose over within and hour. i think your to late for chaps today.A chaps will go if you do it tom, ahve you got an online bank account?



    no i dont have time to set one up either as im on nightshift tonight and still need to get ready :oops: besides it wouldnt be up and running straightaway would it?

    Original Poster

    DLM;7950276

    Does he need the full amount on monday?



    yeah he does. definetly no later than tuesday morning

    Banned

    donna-lou;7950298

    yeah he does. definetly no later than tuesday morning



    Can't you pay some in tomorrow, saturday and monday?

    By the sounds of it, paying the £30 seems the only safe way then.
    Unless your Brother is willing to go into town with you and you both spread it between the 2 of you and go asap to halifax.
    My and hubby did this with 6k once to pay off a loan. Was a bit scary walking around with it on us, but we just went instantly.

    Banned

    gonna have to get him to go with you and draw it out

    Banned

    beth3735;7950308

    By the sounds of it, paying the £30 seems the only safe way then.Unless … By the sounds of it, paying the £30 seems the only safe way then.Unless your Brother is willing to go into town with you and you both spread it between the 2 of you and go asap to halifax.My and hubby did this with 6k once to pay off a loan. Was a bit scary walking around with it on us, but we just went instantly.



    I would try to get £50 notes and then it would be less to carry.

    Original Poster

    DLM;7950306

    Can't you pay some in tomorrow, saturday and monday?


    no im on 12 hour nightshifts which makes everything difficult. im gonna go down tomorrow even though i should be going to bed lol. seems paying for chaps is the only option really im just worried incase it doesnt go in time with him being in a different bank to me

    Original Poster

    beth3735;7950308

    By the sounds of it, paying the £30 seems the only safe way then.Unless … By the sounds of it, paying the £30 seems the only safe way then.Unless your Brother is willing to go into town with you and you both spread it between the 2 of you and go asap to halifax.My and hubby did this with 6k once to pay off a loan. Was a bit scary walking around with it on us, but we just went instantly.



    no i mentioned it to him earlier about cash but he wasnt having it

    donna-lou;7950325

    no im on 12 hour nightshifts which makes everything difficult. im gonna … no im on 12 hour nightshifts which makes everything difficult. im gonna go down tomorrow even though i should be going to bed lol. seems paying for chaps is the only option really im just worried incase it doesnt go in time with him being in a different bank to me



    They guarantee it, that is why they charge you, if you transfer tomorrow morning it will definitely be there monday.

    donna-lou;7950327

    no i mentioned it to him earlier about cash but he wasnt having it



    I would pay for the Chaps then, and Just hope it goes in Monday

    Banned

    donna-lou;7950325

    no im on 12 hour nightshifts which makes everything difficult. im gonna … no im on 12 hour nightshifts which makes everything difficult. im gonna go down tomorrow even though i should be going to bed lol. seems paying for chaps is the only option really im just worried incase it doesnt go in time with him being in a different bank to me



    Can you not trust him with your card to withdraw some money over the next few days and then go with him asap to complete?

    Original Poster

    StudentJo;7950333

    They guarantee it, that is why they charge you, if you transfer tomorrow … They guarantee it, that is why they charge you, if you transfer tomorrow morning it will definitely be there monday.



    theyd better guarantee it haha. they said something about 2 hours? be great if it could be in tomorrow if thats the case. i was going to go saturday after my last nightshift but i was told chaps doesnt work on a saturday

    Original Poster

    DLM;7950342

    Can you not trust him with your card to withdraw some money over the next … Can you not trust him with your card to withdraw some money over the next few days and then go with him asap to complete?



    i would but he works himself and has a family to look after, i dont think he would have the time to be honest. even so you can only get £200 out the cash machine which when he needs 8100 seems a bit pointless really

    Banned

    donna-lou;7950364

    i would but he works himself and has a family to look after, i dont think … i would but he works himself and has a family to look after, i dont think he would have the time to be honest. even so you can only get £200 out the cash machine which when he needs 8100 seems a bit pointless really



    £200 is not much.

    I thought it was more.

    Original Poster

    DLM;7950376

    £200 is not much.I thought it was more.



    yeh i think some places will let you have more but its not much only £50 or so

    Banned

    Why does your brother need the money so soon?

    CHAPS is same day transfer and used by solicitors to complete on house purchases. So if it sent tomorrow he will recive it tomorrow cleared funds.

    Banned

    donna-lou;7950452

    yeh i think some places will let you have more but its not much only £50 … yeh i think some places will let you have more but its not much only £50 or so



    Withdraw up to £200 a day if you’re a Cash Account customer, £300 if you’re a Classic, Select or Silver customer or £500 if you’re a Gold, Platinum or Premier customer at a Lloyds TSB Cashpoint® or other ATMs*.

    Original Poster

    DLM;7950472

    Why does your brother need the money so soon?



    im buying his car off him. he gets his new car wednesday but needs to pay for it tuesday and the money off his old car is going towards his new one

    Banned

    donna-lou;7950482

    im buying his car off him. he gets his new car wednesday but needs to pay … im buying his car off him. he gets his new car wednesday but needs to pay for it tuesday and the money off his old car is going towards his new one



    Can he not delay the new one by a couple of days for you to sort things out?

    Original Poster

    DLM;7950481

    Withdraw up to £200 a day if you’re a Cash Account customer, £300 if you … Withdraw up to £200 a day if you’re a Cash Account customer, £300 if you’re a Classic, Select or Silver customer or £500 if you’re a Gold, Platinum or Premier customer at a Lloyds TSB Cashpoint® or other ATMs*.



    oh im classic so will be £300. still not enough though :x

    Original Poster

    DLM;7950492

    Can he not delay the new one by a couple of days for you to sort things … Can he not delay the new one by a couple of days for you to sort things out?



    by the sounds of it no, not that ive asked him but he hasnt offered to wait anyway

    Banned

    donna-lou;7950494

    oh im classic so will be £300. still not enough though :x



    Oh well, it helps to know these things x x

    Original Poster

    DLM;7950505

    Oh well, it helps to know these things x x



    definetly :thumbsup:

    Banned

    donna-lou;7950517

    definetly :thumbsup:



    Also:-

    Special cheque presentation - if you ask for a cheque to be 'express cleared'.

    £10.

    Banker's draft/ cheque (sterling).

    £20.
    CHAPS payment - when you transfer cleared money to accounts held at any other bank on the same day to arrive the same day. This will include an advice to the person you are paying when the payment reaches their bank.

    £30.

    Original Poster

    Jumpingphil;7950535

    Have I got this right?You wanted a fast transfer but the bank said they … Have I got this right?You wanted a fast transfer but the bank said they couldn't do it, but they could do CHAPS which you are now saying they told you would be two hours.So why the thread? :?



    i was wondering if there is another way? one that might save me £30 and a trip to the bank between nightshifts

    Original Poster

    Jumpingphil;7950570

    Wouldn't the bank have told you while you were on the phone? :?



    obviously not lol

    Banned

    8100 for a used car? wow

    Original Poster

    hncb0809;7950619

    8100 for a used car? wow



    yeah nothing wrong with that. if it was a used ferrari yous would all be saying it was a bargain

    You [B]can[B] make faster payments from Lloyds to HBOS although the reason that lloyds are advsing it cannot be done for this payment is due to the value of the payment, they will have a limit as to what can be transferred through FPS The answer is to split the payment into smaller amounts which will go through FPS, however my advise would be to make all the payments for different amounts which total the sum you need to send. Ring Lloyds and talk to them about doing it this way as it can be done - and at any time of the day with the funds typically ceared in the recipients account within the hour. See this link for further info:

    lloydstsb.com/way…asp

    Original Poster

    cosmicdav3;7951162

    You [B]can[B] make faster payments from Lloyds to HBOS although the … You [B]can[B] make faster payments from Lloyds to HBOS although the reason that lloyds are advsing it cannot be done for this payment is due to the value of the payment, they will have a limit as to what can be transferred through FPS The answer is to split the payment into smaller amounts which will go through FPS, however my advise would be to make all the payments for different amounts which total the sum you need to send. Ring Lloyds and talk to them about doing it this way as it can be done - and at any time of the day with the funds typically ceared in the recipients account within the hour. See this link for further info:http://www.lloydstsb.com/ways_to_bank_with_us/faster_payments_faq.asp



    thanks thats interesting, although it does say one off payments so maybe i couldnt get away with that? looks like it will have to be a chaps payment

    donna-lou;7951306

    thanks thats interesting, although it does say one off payments so maybe … thanks thats interesting, although it does say one off payments so maybe i couldnt get away with that? looks like it will have to be a chaps payment



    Whats to stop you making multiple one off payments though? do it at different times of the day online and it will go through automatically. The only thing you need to find out is what their limit is for a single immediate payment.
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