Paid in a cheque to my Santander business account (2 months fees) and it took 13 days to clear (7 clear working days) - anyone else experiencing this sort of time lag ?
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Santander - cheque clearance
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Funny you should say that, I posted a cheque over a week ago and it still doesnt show on my balance. Rang them this morning, and they cant tell me a thing unless it shows on the balance!
Usless. -
hope they're not in trouble as well! i've got a few quid with them. I gather they're going to lose lots of money due to the situation in Greece but we're assured that everything is ok in the UK, well sort ofComment
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Originally posted by stillooking View Posthope they're not in trouble as well! i've got a few quid with them. I gather they're going to lose lots of money due to the situation in Greece but we're assured that everything is ok in the UK, well sort ofComment
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They are s-l-o-w at clearing cheques. Almost as slow as paying out!
I've ****ed them off and hope the co op bank are better (FSB account).I couldn't give two fornicators! Yes, really!Comment
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Originally posted by Badger27 View PostBlimey I had'nt thought of that angle !! When I rang they were terribly evasive and sounded rather affronted by my request for an explanation - apparently the size if the cheque ( 16,000) had triggered 'extended clearance authority' which they initially said would clear by Saturday and then did'nt till the Monday.
smaller transactions and paying in together is also viewed suspiciously.Comment
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Yep - transferred my cash ISA to them from First Direct - for some unknown reason First Direct sent them a cheque. My money disappeared for two weeks (although they did backdate the interest - no idea if this is normal practice or because of my ranting!)Comment
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santander cheque clearing
Originally posted by Bright Spark View PostAnything greater than 10k requires Anti Money Laundering checks splitting the amounts into
smaller transactions and paying in together is also viewed suspiciously.Comment
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I think you must have imagined this problem, as every time I post about my horrendous experience trying to open an account with them lots of people post back saying they have had no problems and they are a great bank.Comment
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