Don't want to fall foul.

andyb

Posts: 69

Likes: 36

Don't want to fall foul. Jun 10, 2016 10:56:50 GMT

Quote

Post by andyb on Jun 10, 2016 10:56:50 GMT

hi all,

i have a chunk I want to transfer over to my SS account however I'm not sure where I stand with it being a Friday. If I transfer now will the funds be in the account tomorrow or will it be Monday or Tuesday? The reason I was wondering was because I was going to prefund a loan which could go live today but obviously don't want to if I won't have the funds to cover it till next week.

Cheers

Author of P2Pinvested, if Carlsberg made P2P blogs it wouldn't be this one......

p2pinvested.blogspot.co.uk/?m=1
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SteveT
Member of DD Central

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Don't want to fall foul. Jun 10, 2016 10:59:51 GMT

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Post by SteveT on Jun 10, 2016 10:59:51 GMT

There is no need to make any transfer until the loan has been launched and you know what you've been allocated. If you then transfer funds within 24 hours, it really doesn't matter when SS get around to crediting it to your account (which will probably by Sat AM but could be Mon if they've gone sailing for the weekend

)

ben Posts: 2,020 Likes: 589	Don't want to fall foul. Jun 10, 2016 11:01:32 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by ben on Jun 10, 2016 11:01:32 GMT they usually do a money run on saturday and occassionaly on a sunday to after a loan launch

andyb Posts: 69 Likes: 36	Don't want to fall foul. Jun 10, 2016 11:04:09 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by andyb on Jun 10, 2016 11:04:09 GMT Ok cheers, I will transfer it now anyway as I want to try and pick up a few SM loans as well regards
	Author of P2Pinvested, if Carlsberg made P2P blogs it wouldn't be this one...... p2pinvested.blogspot.co.uk/?m=1 Blog contains platform referral links

arbster
Member of DD Central

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Likes: 426

Don't want to fall foul. Jun 10, 2016 11:49:17 GMT

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Post by arbster on Jun 10, 2016 11:49:17 GMT

Jun 10, 2016 11:04:09 GMT andyb said:

Ok cheers, I will transfer it now anyway as I want to try and pick up a few SM loans as well

regards

The beauty of SS is that you can spend the day hoovering up bits and pieces on the SM and once you have decided to stop you can then make a deposit for the amount you've managed to secure. This prevents you having to wait for funds to clear, or risking having uninvested funds for a significant time.

Post by andyb on Jun 10, 2016 10:56:50 GMT

Post by SteveT on Jun 10, 2016 10:59:51 GMT

Post by ben on Jun 10, 2016 11:01:32 GMT

Post by andyb on Jun 10, 2016 11:04:09 GMT

Post by arbster on Jun 10, 2016 11:49:17 GMT