Immigrating to the UK

[Sinbad]

/gets pedantic with the banker

The instant EFT is actually a system called FPS.

What are Faster Payments? How do they work?

Read our answers to common FAQs such as: what are Faster Payments and the Faster Payments Service, how do they work, and how long do they take?

gocardless.com

I did say faster payments system which is fps

I thought bacs was the same, I stand corrected

 

[Tman*]

faster payments (bacs). It's pretty much an instant EFT that all the banks support.
No escrow system though...

via: https://gocardless.com/guides/posts/bacs-payments/#what-is-a-bacs-payment

A common question asked is: are Bacs payments instant?

Neither Bacs Direct Credit nor Bacs Direct Debit payments are instant. The Bacs process works on a three-day cycle, so payments will arrive at the recipient’s bank account on the third business day after it was made, as long as it was submitted before the cut-off time on day one.

It doesnt really seem instant? How would I know that someone legit paid me if I only get funds in 3 days?

 

[Sinbad]

via: https://gocardless.com/guides/posts/bacs-payments/#what-is-a-bacs-payment

It doesnt really seem instant? How would I know that someone legit paid me if I only get funds in 3 days?

Like Dave said, I was wrong to refer to BACS. It's FPS - normally takes a few seconds.

 

[Dave]

What would be the easiest/safest method of paying someone or receiving money lets say if I go buy a TV on Gumtree or if I sell an old phone on Marketplace? (except for cash)

Very few people will accept anything but cash on Gumtree, the only people selling not in person are quite likely going to be a scammer.

If you do use Marketplace or any of the selling forums most people will do Bank transfer or PayPal (usually Friends and family option).

 

[Dave]

It's FPS - normally takes a few seconds.

I often use it to send money between my own accounts and often the receiving bank (Starling) usually pops up the received notification before the sending bank even confirms the transfer has gone through.

 

[Tman*]

I often use it to send money between my own accounts and often the receiving bank (Starling) usually pops up the received notification before the sending bank even confirms the transfer has gone through.

Awesome thanks @Dave @Sinbad

 

[The Voice]

In case you get here and miss South African weather:

 

[bwana]

In case you get here and miss South African weather:

You've single handedly broken the 38.7C record.

https://twitter.com/x/status/1549044380148944906

 

[The Voice]

You've single handedly broken the 38.7C record.

https://twitter.com/x/status/1549044380148944906

Much cooler outside the car:

 

[Tman*]

In case you get here and miss South African weather:

Went to go fetch my BRP in London today. It was KAK hot (Bloemfontein in December hot)

Underground & trains even more so.

Successful journey tho, got my BRP and opened my Monzo account.

 

[The Voice]

Went to go fetch my BRP in London today. It was KAK hot (Bloemfontein in December hot)

Underground & trains even more so.

Successful journey tho, got my BRP and opened my Monzo account.

Nice, and welcome!

 

[The Voice]

Here we go!

 

[Mephisto_Helix]

Yep, 38c currently here in North Yorks ....... cooking

 

[Sinbad]

Yep, 38c currently here in North Yorks ....... cooking

28.8 and dropping

 

[Dave]

28.8 and dropping

I wish it was dropping

 

[air]

I wish it was dropping

View attachment 1349714

Lovely long days, enjoy!

 

[Sinbad]

I wish it was dropping

View attachment 1349714

Going up again :/

29.5 now.

 

[The Voice]

Hang in there, boys - rain is coming later.

 

[Sinbad]

Hang in there, boys - rain is coming later.

Is you on overclockers?

 

[gregmcc]

In case you get here and miss South African weather:

I'll see that and raise you:



I've been putting off that aircon regas for way too long.