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Standing order query

  • 09-03-2009 10:25pm
    #1
    Registered Users, Registered Users 2 Posts: 4,565 ✭✭✭


    Hi, hope you guys can help me.

    I set up a new standing order to pay my rent. The account number for the landlord begins with a 0 and when i activated this, it appears on my online banking without the first 0. Is this something to do with their system because i definitely entered the correct ac number.

    Also, how long does it take funds to clear from one bank to a different bank for a standing order?
    Is it the usual 3-5 working days?

    Cheers in advance guys.


Comments

  • Administrators, Business & Finance Moderators, Society & Culture Moderators Posts: 16,957 Admin ✭✭✭✭✭Toots


    I'm not sure what the story is with the 0, you might want to give your own bank a ring and check.

    As regards time to clear, the funds will be in the beneficiary account in 2 days if it is a different bank, same day if it is the same bank.


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