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Post by cassiopeia on Jun 3, 2016 11:08:11 GMT
I send a thousand quid by faster payments from Santander earlier this morning and it's still not in my Ratesetter account
Yesterday the site appeared to be ignoring (rather than failing) the debit card method
Is anyone else having these problems?
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Post by davee39 on Jun 3, 2016 14:54:31 GMT
Bank deposits are processed overnight and should be in your account the following morning. I am not sure if this applies over the weekend though. RS cannot apply faster payments directly to accounts.
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Post by westonkevRS on Jun 3, 2016 18:34:31 GMT
Just for reference, debit card payments of £1,000 plus attract no fees and is instant, ready to lend 24/7....
I made two debit card payments today (me, and better half) on separate accounts, both were fine. I'm not aware of any issues.
Kevin.
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Post by dualinvestor on Jun 4, 2016 10:36:09 GMT
Not that I am ading any at the moment but I did notice that faster payments made in the morning were credited in the afternoon/early evening, but the last couple of deposits arrived after a couple of hours, even one made on a Saturday.
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Post by westonkevRS on Jun 4, 2016 12:02:51 GMT
Not that I am ading any at the moment but I did notice that faster payments made in the morning were credited in the afternoon/early evening, but the last couple of deposits arrived after a couple of hours, even one made on a Saturday. A month or so back there were some significant improvements to the payment process via "faster payments". More or less increasing the number of batch file reads per day. But I don't think we promoted it and I didn't try and notify here as I don't fully understand the vagaries (especially when out of hours and weekends are concerned).
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Post by closetotheedge on Jun 4, 2016 16:38:58 GMT
Always used my debit card and it has always been instant even quite chunky amounts which you would think a bank would want to security check. If the money is not in my current account I just faster pmt it into there first as most banks and building societies are instant on faster pmt. I do not expect RS to be instant on faster pmts as they are not a bank, however, they do get me 6.3% which the banks do not seem to offer. HSBC
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