Umbrella Companies - bank charges for same day payments

[Vallah]

Hi Kettle my name's Vallah - you're black! I have nothing to hide - everyone on here knows how I run my business - shame we can't say the same about you

I don't come on here to promote a business. The addition to my username was made as the result of a request from admin on here.

As for nothing to hide, go on then answer the question - how can you justify charging for same day transfers, when the majority of payments you send will be via Faster Payments and not BACS as your website states?

[PayMatters]

I don't come on here to promote a business. The addition to my username was made as the result of a request from admin on here.

As for nothing to hide, go on then answer the question - how can you justify charging for same day transfers, when the majority of payments you send will be via Faster Payments and not BACS as your website states?

Your understanding of fasterpay bank charges is incorrect.

For businesses fasterpay is free if sent 2 business days or more in advance. If sent the day before then the 50p charge that you mention applies. However if you send the same day then the charge is approx £3 depending on your bank etc. So although they're free for individuals they're not free for a business.

[Vallah]

Your understanding of fasterpay bank charges is incorrect.

For businesses fasterpay is free if sent 2 business days or more in advance. If sent the day before then the 50p charge that you mention applies. However if you send the same day then the charge is approx £3 depending on your bank etc. So although they're free for individuals they're not free for a business.

Same day Faster Payments costing £3? Which banks charge that?

[LisaContractorUmbrella]

I don't come on here to promote a business. The addition to my username was made as the result of a request from admin on here.

As for nothing to hide, go on then answer the question - how can you justify charging for same day transfers, when the majority of payments you send will be via Faster Payments and not BACS as your website states?

I do not promote my business either; I offer advice which can be taken or ignored as you wish

The majority of payments that we send are sent via BACs which is why it says so on our website and I think I am in a position to know more about it than you Vallah but feel free to continue with the libellous remarks

[cojak]

The thread I posted about behaviour in Business/Contracts applies here too Chaps.

http://forums.contractoruk.com/busin...al-forums.html

Please take note.

[LisaContractorUmbrella]

The thread I posted about behaviour in Business/Contracts applies here too Chaps.

http://forums.contractoruk.com/busin...al-forums.html

Please take note.

Point taken Cojak. Decorum restored

[Vallah]

Love you Lisa xxxx

[LisaContractorUmbrella]

Love you Lisa xxxx

Missing you already Vallah

[rd409]

It is not just the FP charges. There are Umbrella companies, that do a lot of misselling to naive contractors. We have had many examples on this board. According to me, if a long term contractor chooses umbrella to operate, then s/he deserves to be charged for those kind of unnecessary services.

BTW the emphasis in the last statement should be "Long Term contractor".

[Epiphone]

According to me, if a long term contractor chooses umbrella to operate, then s/he deserves to be charged for those kind of unnecessary services.

BTW the emphasis in the last statement should be "Long Term contractor".

I may be misinterpreting this but is the implication that if you're contracting long term then you shouldn't use an umbrella?