Old Jun 7, 2008 | 02:29 PM
  #11  
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northerner
Too many posts.. I need a life!!
 
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Originally Posted by markk
as of last tuesday iirc direct transfers and bank to any other bank now transfers almost immediatly. i alway paid my staff via bacs, and had to do it 3 days earlier than payday to ensure it was there, not now- its instant, but for some reasnon the banks are not telling their customers this, mine didnt either till i asked them when i had heard about the banking software changes.
Its probably down to the Faster Payments Service thats been recently introduced. The banks are currently ramping up payment volumes/values and should hit 100% by August.
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