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Marshall Cavendish Reference

Online Banking


Bank 2.0: How Customer Behavior and Technology Will Change the Future of Financial Services

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Answers

How long does it take to transfer money from one bank account to another using online banking?

My friend has a bank account with HSBC and needs to transfer some money over to my Natwest bank account. How long would it take to clear? I think they're doing it tomorrow via online banking system, would I get the money by the weekend do you think? I have done bank transfers before between 2 Natwest accounts and the monies showed up more or less straight away. I was just wondering if it were different when it's from one bank to another named bank? Thanks


My experience when doing external transfers from one bank to another bank online is that it took about 3 business days for everything to clear. I would hope it would be faster than that when you are dealing with an online only bank such as HSBC, but its hard to say

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can some one steal my money from my bank online banking info?



hold on, i'll try.

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When online banking, how long does it take for money to clear from one bank to another (UK)?

My friend of mine has lent me £30 via online banking to buy a xbox 360. The offer for the 360 ends on the 30th of May so I need to of recieved the payment by then. He sent the money from natwest online banking on Saturday, but its a bank holiday today and apparently it takes 3 business for the money to clear. So if anyone has used online banking to send payments could you tell me how long it takes for the other person to recieve the payment.

And also, if I dont recieve the payment on time and go down to the bank and put cash into my bank, will that instantly go into my bank balance??

Thanks.


usually 2-3 business days

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Is your bank not yet online or not yet have online banking?

I bank at a small bank in a town of just over 200. It is just the one location and they don't yet have online banking.
They've have debit cards for about 5 years now.


I can understand your bank situation. purchase the banking online software may cost the bank a fortune , so they may let the people just coming pay bill by checks.

Can we opt out of the Natwest Bank online banking card reader system?

The whole thing -- Card, Card reader, Card PIN -- on top of the existing pin numbers and login details now makes the online banking system with NatWest a painful experience. I have accounts in 3 countries, including a small business account at NATWEST and a personal account at another UK bank that has decided NOT to use the card reader & pin system. None of the other banks whether in the UK, US or France require anywhere NEAR the hassle that this new system requires in order to pay bills. Just to amend a payee (for example to include the new invoice number rather than the one from last time), you have to use the card reader system. Since I travel abroad quite frequently, and do all our banking via the online system, carrying around an easy to lose card reader and yet another (easy to lose) card makes banking with NatWest a lot less attractive. We've spoken with our banker who says they've had a fair number of complaints, and we are now looking at switching our account. Anyone else?


simple change bank so yes

regards x kitti x


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