|
Post by p2plender on Apr 28, 2014 11:19:36 GMT
I agree though not sure if RS fault. A money transfer should be completed in 2 hrs.
|
|
star dust
Member of DD Central
Posts: 2,998
Likes: 3,531
|
Post by star dust on Apr 28, 2014 12:50:55 GMT
Just to update, money was credited to my account just before 1 pm - two hours after their stated end time of 11 am. No reply to my email, not that I need it now. Sounds like their relatively high rates at the moment are attracting a lot of deposits. With regard to it not being RS's 'fault', well, I would have thought it was up to them to choose and negotiate their bank accounts and payment systems, so to that extent it is! Unlike one of their rivals though I believe they get interest on holding account deposits that they put into their 'provision' fund maybe that's a trade off they prefer to faster deposits for lenders.
|
|
shimself
Member of DD Central
Posts: 2,561
Likes: 1,170
|
Post by shimself on Aug 14, 2015 17:03:28 GMT
Well yes I made a sizeable deposit 10:00 this morning a Friday - still not available to invest at 19:00, boo hiss
|
|
|
Post by GSV3MIaC on Aug 15, 2015 15:25:57 GMT
I always use a debit card,works like a charm (OK, only up to some large 5 figure number .. maybe you needed to move more)
|
|
jonah
Member of DD Central
Posts: 2,031
Likes: 1,113
|
Post by jonah on Sept 21, 2015 19:41:48 GMT
My normal Monday am standing order deposit went through today... And I was expecting to be told around 10am on Tuesday that my RS account had been funded. However, that email arrived before 11am today! westonkevRS has RS updated its incoming payment system to be same day for working days?
|
|
|
Post by westonkevRS on Sept 21, 2015 19:42:45 GMT
My normal Monday am standing order deposit went through today... And I was expecting to be told around 10am on Tuesday that my RS account had been funded. However, that email arrived before 11am today! westonkevRS has RS updated its incoming payment system to be same day for working days? No, not that I'm aware of. Maybe you just got lucky...
|
|
jonah
Member of DD Central
Posts: 2,031
Likes: 1,113
|
Post by jonah on Oct 1, 2015 18:29:54 GMT
My normal Monday am standing order deposit went through today... And I was expecting to be told around 10am on Tuesday that my RS account had been funded. However, that email arrived before 11am today! westonkevRS has RS updated its incoming payment system to be same day for working days? No, not that I'm aware of. Maybe you just got lucky... My monthly September update states that deposits now get processed into the account if they arrive before 5:30pm, seven days a week. So a process improvement has been made.
|
|
|
Post by westonkevRS on Oct 1, 2015 21:14:09 GMT
It has been improved, it was being trialled in September by Finance (I only found out a few weeks back, I thought we were some way off. Shows what I know). It isn't exactly instant "faster payments" but the number of batch runs has been increased considerably through the day. So most bank transfers will be ready to lend within an hour or so.... westonkevRS
|
|
|
Post by brokenbiscuits on Oct 3, 2015 9:07:44 GMT
There have been a few negative comments about ratesetter lately but this change is really good.
It used to be frustrating seeing rate spikes and not being able to get money in before Mr 5% got in and brought the whole thing crashing down.
I would hope easier access like this will allow some of the more active investors to get the rates they want.
Ratesetter remains my highest percentage allocation of p2p and with this deposit rule change that's unlikely to change. Well done RS.
|
|