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Post by westcountryfunder on Feb 13, 2014 16:46:54 GMT
Anyone else notice that withdrawals from FC are less reliable than they were, timing wise?
e.g. Withdrawn on 7 Feb, arrived 12 Feb that is 3 working days
Withdrawn 10 Feb - hasn't arrived yet
Withdrawn 11 Feb - hasn't arrived yet
My account is with HSBC and until now these payments have always arrived in 2 working days, unless I have initiated the withdrawal late in the day.
I'm not impressed!!
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Post by davee39 on Feb 13, 2014 18:04:10 GMT
I assume that FC processes BACS withdrawals through a third party so there will be a cutoff time after which the withdrawal is processes the next day. Your withdrawal of the 10th should arrive tomorrow, it would be too soon anyway to see the one from the 11th. This could be tomorrow or monday. They are using BACS, not Faster Payments.
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Post by westcountryfunder on Feb 13, 2014 18:21:48 GMT
I assume that FC processes BACS withdrawals through a third party so there will be a cutoff time after which the withdrawal is processes the next day. Your withdrawal of the 10th should arrive tomorrow, it would be too soon anyway to see the one from the 11th. This could be tomorrow or monday. They are using BACS, not Faster Payments. Yes, I am sure there is a cut-off time. It would be nice to know what it is. But, I have been doing FC for a few years now, and there is no doubt (in my experience) that these withdrawals normally arrive in two working days - withdrawn day 1 arrive day 3. So all the items I listed should be in my account by now; only the first one is there (arrived yesterday). Just looked again on my HSBC account at 18:18hrs. Same applies to Zopa -withdrawn day 1 arrive day 3. My point is simply that this seems to have slipped. I hope this is not permanent.
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