LloydsTSB transfers

Inter bank transfers between different Lloyds accounts are now instant (like Barclays) which used to take a few hours.

Reply to
Jef Roe
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In article , Jef Roe writes

Hmmn, I wonder if that also applies to transfers between a Lloyds TSB account and a Lloyds TSB credit card.

Reply to
fred

They have always been instant for me as an ex TSB customer.

Reply to
Jonathan Bryce

I have just arranged a payment today, 30/10/2009 and it states a due date of

1/11/2009...so its still 2/3 business days.
Reply to
Jef Roe

In article , Jef Roe writes

Perhaps not so simple, from experience with another bank they transferred the money the same day but still showed the due date as being 3 days hence. Very confusing and causes problems when specified minimum DD payments are not taken when any payment is received more than a few days before the DD payment is due.

Reply to
fred

What has happened is that business banking has moved to real time rather than overnight.

Reply to
PeterSaxton

The FSA's new rules on transferring money from different banks. Specifically savings accounts to current accounts, and vice versa,which can now take up to 4 days, so robbing the customer of 3 or

4 days interest. Is to come into force soon.. However the greedy banks have got round this by writing to customers changing the t and c's of their accounts. Apparently this will not be stopped until 2012.
Reply to
mick

it does take 3 days

Reply to
Jef Roe

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