I have had a DD from a NatWest account, from one NW account to another
NW account (both mine), set up for nearly a year and the payment always
quickly appeared into the receiving account, that is until this past
Christmas.

Then its appearance in the receiving account suddenly started to be
delayed. Payment made on the Monday, not fully credited and available
to spend until the following Friday. Anyone else noticed this?

At first I thought the delay might have been due to the Christmas / New
Year, but it has continued.

Is this in the right group?
I guess it probably means they have the use of your money for a while.
Brian

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"Harry Bloomfield" wrote in message
news
I have had a DD from a NatWest account, from one NW account to another NW
account (both mine), set up for nearly a year and the payment always
quickly appeared into the receiving account, that is until this past
Christmas.

Then its appearance in the receiving account suddenly started to be
delayed. Payment made on the Monday, not fully credited and available to
spend until the following Friday. Anyone else noticed this?

At first I thought the delay might have been due to the Christmas / New
Year, but it has continued.

It happens that Brian Gaff formulated :
Is this in the right group?
I guess it probably means they have the use of your money for a while.

OT maybe, but the group usually has a good response, whereas others
don't.

Them having unfair use of my money, is my concern.

On 21/01/2017 09:39, Harry Bloomfield wrote:
It happens that Brian Gaff formulated :
Is this in the right group?
I guess it probably means they have the use of your money for a while.

OT maybe, but the group usually has a good response, whereas others don't.

Them having unfair use of my money, is my concern.

Harry, I use the Natwest app on my ipad and the web interface. Transfers
between accounts appear to be instant.

"Harry Bloomfield" wrote in message news

It happens that Brian Gaff formulated :
Is this in the right group?
I guess it probably means they have the use of your money for a while.

OT maybe, but the group usually has a good response, whereas others don't.

Them having unfair use of my money, is my concern.

Complain to them. I have standing orders which move funds between Barclays
and Nationwide accounts bi-directionally and the funds all arrive on the
same day as paid out.

on 21/01/2017, Richard supposed :
"Harry Bloomfield" wrote in message news

It happens that Brian Gaff formulated :
Is this in the right group?
I guess it probably means they have the use of your money for a while.

OT maybe, but the group usually has a good response, whereas others don't.

Them having unfair use of my money, is my concern.

Complain to them. I have standing orders which move funds between Barclays
and Nationwide accounts bi-directionally and the funds all arrive on the same
day as paid out.

Thanks both, I will complain.

Those payments are going in Monday, showing on the Friday. A regular DD
payment from a different bank, is showing on the Saturday. I suppose
that as it is a different bank, it will will take time to clear.

On Sat, 21 Jan 2017 12:19:37 GMT, Harry Bloomfield
wrote:

on 21/01/2017, Richard supposed :
"Harry Bloomfield" wrote in message news

It happens that Brian Gaff formulated :
Is this in the right group?
I guess it probably means they have the use of your money for a while.

OT maybe, but the group usually has a good response, whereas others don't.

Them having unfair use of my money, is my concern.

Complain to them. I have standing orders which move funds between Barclays
and Nationwide accounts bi-directionally and the funds all arrive on the same
day as paid out.

Thanks both, I will complain.

Those payments are going in Monday, showing on the Friday. A regular DD
payment from a different bank, is showing on the Saturday. I suppose
that as it is a different bank, it will will take time to clear.
Should go via Faster Payments, unless it's a large amount, so a few
hours, not DAYS!
Complain.

In article ,
says...

Then its appearance in the receiving account suddenly
started to be delayed. Payment made on the Monday, not
fully credited and available to spend until the following
Friday. Anyone else noticed this?


When we were first married, my wife had this problem with a
branch of Lloyds. Every month without fail her pay would be
credited to the account several days late and she got lots
of stroppy letters from her bank manager for being overdrawn
despite nobody else she worked with having the same problem
- even those who also banked with Lloyds.

I converted my NatWest account into a joint account and her
pay was always in the account on the due day after that.

We no longer bank with NatWest so can't comment on current
practice.

--

Terry

On 22/01/2017 13:56, Terry Casey wrote:
In article ,
says...

Then its appearance in the receiving account suddenly
started to be delayed. Payment made on the Monday, not
fully credited and available to spend until the following
Friday. Anyone else noticed this?


When we were first married, my wife had this problem with a
branch of Lloyds. Every month without fail her pay would be
credited to the account several days late and she got lots
of stroppy letters from her bank manager for being overdrawn
despite nobody else she worked with having the same problem
- even those who also banked with Lloyds.

I converted my NatWest account into a joint account and her
pay was always in the account on the due day after that.

We no longer bank with NatWest so can't comment on current
practice.


I don't see what that's go to do with a "DD" as payroll would almost
certainly have been by BACS direct credit.

But having now read the original OT post I also don't understand what
the OP meant a "DD" either. Direct Debit requires either approval from
a bank which an individual won't get for a few transactions a month or
payments to an intermediary. Either way, totally unnecessary to move
money between 2 NatWest accounts held by same person: that can be done
by Standing Order (if fixed amount/day) or by using online banking when
it's trivial and instantaneous.

Something doesn't add up.

--
Robin
reply-to address is (intended to be) valid

Robin submitted this idea :
I don't see what that's go to do with a "DD" as payroll would almost
certainly have been by BACS direct credit.

But having now read the original OT post I also don't understand what the OP
meant a "DD" either. Direct Debit requires either approval from a bank which
an individual won't get for a few transactions a month or payments to an
intermediary. Either way, totally unnecessary to move money between 2
NatWest accounts held by same person: that can be done by Standing Order (if
fixed amount/day) or by using online banking when it's trivial and
instantaneous.

Something doesn't add up.

OK, a longer explanation....

Both my partner and I have a standing order with our banks to pay £100
every Monday, into a joint NW account - this covers all the domestic
bills etc.. Her £100 comes from her NW account, mine from my account
with TSB.

For the 12 months since this was set up, up until Christmas, her
payment always showed up in the joint account on the Monday, mine
didn't appear until the Thursday or Friday.

During and since Christmas, her payment has been delayed by a similar
amount of time to my own from the TSB.

In article 0ff38fd5-da8a-1c12-3e99-
, says...

On 22/01/2017 13:56, Terry Casey wrote:

When we were first married, my wife had this problem with a
branch of Lloyds. Every month without fail her pay would be
credited to the account several days late

I don't see what that's go to do with a "DD" as payroll would almost
certainly have been by BACS direct credit.


Well, this was over 40 years ago so it could have been
carrier pigeon for all I know ...

--

Terry