nush
Member of DD Central
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Post by nush on Jun 21, 2016 17:06:14 GMT
hi i made a request to withdraw funds on saturday 18th before 11am, its now tuesday 21 6pm and i am still waiting, how long can it take, fairly sure this is the longest i have had to wait.
TIA nush
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oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
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Post by oldgrumpy on Jun 21, 2016 17:13:53 GMT
They are on it. My withdrawal from early Saturday morning arrived in my bank today.
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Post by pepperpot on Jun 21, 2016 17:17:01 GMT
My Friday night withdrawal arrived first thing this morning.
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Post by mrclondon on Jun 21, 2016 18:21:06 GMT
The basic rule of thumb recently seems to be the funds are received early on the 2nd working day after making the withdrawal request.
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baz657
Member of DD Central
Posts: 500
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Post by baz657 on Jun 21, 2016 18:29:20 GMT
I guess there are many of us withdrawing and it doesn't appear to be an automated process.
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SteveT
Member of DD Central
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Post by SteveT on Jun 21, 2016 18:46:16 GMT
I've always worked on the basis that withdrawals processes by noon (Mon - Fri) will arrive early the next working day. So anything requested after noon on Friday won't appear until Tuesday morning, but a Monday morning withdrawal should appear Tuesday morning too. Whether that's what's still happening, I'm not sure.
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baz657
Member of DD Central
Posts: 500
Likes: 189
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Post by baz657 on Jun 21, 2016 18:56:51 GMT
Request submitted Sunday night and nothing showing up as of 7:00pm Tuesday... It's not as if I've withdrawn all of my queued funds (only a few hundred). Everything I've got left is now in the QAA so either the limit has been raised or there is over a million that's been withdrawn before my small bit.
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nush
Member of DD Central
Posts: 396
Likes: 113
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Post by nush on Jun 21, 2016 20:11:07 GMT
hi i made a request to withdraw funds on saturday 18th before 11am, its now tuesday 21 6pm and i am still waiting, how long can it take, fairly sure this is the longest i have had to wait. TIA nush still nothing for me.
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Post by captainconfident on Jun 21, 2016 21:15:28 GMT
My Thursday afternoon withdrawal turned up Tuesday am. My Friday withdrawal is still missing in action. Very poor.
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mike
Member of DD Central
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Post by mike on Jun 21, 2016 22:18:39 GMT
Sunday withdrawl still not received. What exactly is AC good at?
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Post by Butch Cassidy on Jun 22, 2016 7:04:35 GMT
Sunday withdrawl still not received. What exactly is AC good at?That's an easy one - Shooting themselves in the foot, whether over poor loan monitoring, suspension policy, drawdown & pipeline promises, deleting valid Q&A's, claiming "safer" loans than competitors when their default record indicates otherwise, the list is endless
On withdrawals my Saturday afternoon £12.5k is still not in my account (Weds am), they have probably been overwhelmed with requests; who could possibly have foreseen it - large 15% loan repayment, allocate approx. 0.5% to loyal, long term MLIA holders & sweep the rest into a queue paying 0%, effectively telling them we no longer need, want or value your investment, leading to mass exodus of funds & withdrawal team can't cope with demand surge.
AC have taken a corporate decision that MLIA holders looking for double digit returns & often asking awkward DD questions can be replaced with BS deposits happy to sit quietly earning c. 4% which will prove more successful & profitable over the long term - I'm sure they are correct & as a shareholder I will undoubtedly benefit but like any divorce why antagonise the departing partner. I can completely understand why I need to be replaced but not why AC need to make such supporters so frustrated & angry as they push them out of the door.
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sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
Posts: 1,428
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Post by sqh on Jun 22, 2016 8:04:55 GMT
I don't like the idea that Barclay's Bank are delaying withdrawals. This money is virtually unprotected (One £75k guarantee to cover everyone, and don't believe anyone who says differently). It needs to be an immediate faster payment.
Deposits are by faster payment so why aren't withdrawals ? We're told AC paid a lot for this banking service, It's far worse than SS, FS & MT.
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jonah
Member of DD Central
Posts: 2,031
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Post by jonah on Jun 28, 2016 21:12:45 GMT
I feel honor bound to say that I asked for withdrawal yesterday and it arrived today no problem. Maybe AC can only process a certain number of withdrawals per-day? My request from Friday pm also turned up today.
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