Please delete thread

This does sound very interesting because it has the potential to cost the banks a lot in payable interest.

For example, if the money's in your bank immediately, then they will pay you interest for those days, rather than sit on their bums for three days and not pay out interest.

This does sound very interesting because it has the potential to cost the banks a lot in payable interest.

For example, if the money's in your bank immediately, then they will pay you interest for those days, rather than sit on their bums for three days and not pay out interest.

Yep, it's the result of two years hard work from the banks to set up the infrastructure, which has ultimately happended because of the FSA requiring changes to be made.

Has the initial post disappeared?