nick
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Post by nick on Apr 15, 2017 21:21:51 GMT
Could you tell us when the next withdrawal run will be over Easter and what the cut off for requests will be? Paul64 savingstream I expect Tuesday 8am cut-off (6am to be really safe) on Tuesday morning. Occasionally they process withdrawals on a Saturday, but I don't think they have ever processed a withdrawal on a Sunday or a bank holiday.
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bababill
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Post by bababill on Apr 17, 2017 1:13:47 GMT
But don't banks process withdrawals on weekends? I know SS is not a bank but they have applied for FCA approval so maybe it's nearly same thing. In the meantime instead of government guarantee they have a provision fund.
Be handy if they can give debit cards like a building society.
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Post by lendinglawyer on Apr 17, 2017 6:38:22 GMT
But don't banks process withdrawals on weekends? I know SS is not a bank but they have applied for FCA approval so maybe it's nearly same thing. In the meantime instead of government guarantee they have a provision fund. Be handy if they can give debit cards like a building society. Banks will process certain transactions on weekends. The kind of FCA licence applied for by Lendy is not even close to bank status (banks take deposits and lend them on as part of their own business as their own risk without depositor approval (actually when you deposit money in a bank account you cease to own it and it is replaced by a claim against the bank in the same amount, technically) - Lendy holds client funds which are segregated and only applied to loans when the client elects for the clients own account. Very different business models with very different risk/reward structures for clients). I also would be very hesitant to conflate the PF with a govt-backed guarantee and there is absolutely no way they will ever be able to issue debit cards. I would have thought what Lendy really needs is to automate its withdrawal process so that withdrawals can be made whenever it's bank is processing them. This seems to be how deposits work now.
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ozboy
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Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Apr 17, 2017 14:03:16 GMT
I Deposited £0.01 this morning (don't ask) from Santander and it was Credited within 15-20 minutes. Now, wrt Withdrawals .................   |
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pom
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Post by pom on Apr 17, 2017 17:00:28 GMT
I Deposited £0.01 this morning (don't ask) from Santander and it was Credited within 15-20 minutes. Now, wrt Withdrawals ................. Oh great, I'm still waiting for the transfer I made from Santander on Saturday (for rather more) to turn up... again...
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macro
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Post by macro on Apr 18, 2017 0:49:49 GMT
4 withdrawals requested for different sums since 15.04.17, and not even a trickle from the former Stream. Come on Lendy - your Easter break is over!
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Post by lendinglawyer on Apr 18, 2017 6:10:20 GMT
4 withdrawals requested for different sums since 15.04.17, and not even a trickle from the former Stream. Come on Lendy - your Easter break is over! Not until 9am in the UK it's not. If you request withdrawals on a bank holiday weekend I honestly don't know what you expect... Give them a reasonable chance!
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david42
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Post by david42 on Apr 18, 2017 8:16:15 GMT
My withdrawal, requested yesterday evening, arrived at 7:30am today. 7:30 is earlier than usual.
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mikes1531
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Post by mikes1531 on Apr 18, 2017 12:23:32 GMT
My withdrawal, requested yesterday evening, arrived at 7:30am today. 7:30 is earlier than usual. Is there such a thing as 'usual' where LfSS is concerned? 
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Post by scerbera on Apr 21, 2017 15:06:47 GMT
Are there any withdrawal issues at the moment, requested 20k early this morning and nothing. Always been swift for me previously.
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Liz
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Post by Liz on Apr 21, 2017 15:16:09 GMT
Are there any withdrawal issues at the moment, requested 20k early this morning and nothing. Always been swift for me previously. You missed the cut-off! You are unlikely to receive your withdrawal until Monday now. I got my e-mail @ 6.44am.
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Post by scerbera on Apr 21, 2017 17:02:00 GMT
Every other withdrawal I've made has been done midday ish, this lot just make it up as they go along.
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bababill
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Post by bababill on Apr 22, 2017 8:00:58 GMT
I received my Fridays withdrawal promptly and efficiently as always. Not sure what time but I always make the request before 6 am.
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Post by scerbera on Apr 22, 2017 9:54:17 GMT
I have received my withdrawal this morning at some point having just checked my banking online.
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elliotn
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Post by elliotn on Apr 24, 2017 9:03:31 GMT
Got email confirmation early doors 7.11am but not received by 10am, anyone received theirs ok yet, thanks.
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