Why does an outgoing charge from my bank get debited instantly, but a
refund always takes "Three to five working days" before it appears in
the receiving bank account?
Surely it's all a process of moving a series of electrons around
somewhere.
On 02/06/2025 10:04, Davey wrote:
Why does an outgoing charge from my bank get debited instantly, but aI think not.
refund always takes "Three to five working days" before it appears in
the receiving bank account?
Surely it's all a process of moving a series of electrons around
somewhere.
A transfer from your account initiated by you. is routine and not
security cheacked much.#
A refund probably needs human authorisation.
Why does an outgoing charge from my bank get debited instantly, but a
refund always takes "Three to five working days"
How come you can sign up for something instantly, but it takes up to
"x days" for them to unsubscribe you ?
How come you can sign up for something instantly, but it takes up to "xI emptied by Barclays trading account 5 years ago.
days" for them to unsubscribe you ?
Why does an outgoing charge from my bank get debited instantly, but a
refund always takes "Three to five working days" before it appears in
the receiving bank account?
On Mon, 2 Jun 2025 10:04:07 +0100, Davey <davey@example.invalid>
wrote:
Why does an outgoing charge from my bank get debited instantly, but a >refund always takes "Three to five working days" before it appears in
the receiving bank account?
Do they actually take that long though? eBay say their payments (for
sales) will take several days but they are actually made within
seconds of being requested. Just arse covering to say it will take
longer.
Why does an outgoing charge from my bank get debited instantly, but a
refund always takes "Three to five working days" before it appears in
the receiving bank account?
Surely it's all a process of moving a series of electrons around
somewhere.
On Mon, 6/2/2025 5:04 AM, Davey wrote:
Why does an outgoing charge from my bank get debited instantly, but a
refund always takes "Three to five working days" before it appears in
the receiving bank account?
Surely it's all a process of moving a series of electrons around
somewhere.
The keyword there, might be "float".
Banks are allowed to take a certain time to do a thing.
https://en.wikipedia.org/wiki/Float_%28money_supply%29
I don't really understand it at all, but the visual evidence
is it always works against your interests :-) The time allocated
to do a thing, is the time it took to process the item forty years
ago.
Paul
Why does an outgoing charge from my bank get debited instantly, but a
refund always takes "Three to five working days" before it appears in
the receiving bank account?
Surely it's all a process of moving a series of electrons around
somewhere.
In message <101jpe8$35fnn$1@dont-email.me>, Davey
<davey@example.invalid> writes
Why does an outgoing charge from my bank get debited instantly, but a
refund always takes "Three to five working days" before it appears in
the receiving bank account?
Surely it's all a process of moving a series of electrons around
somewhere.
It's because they invest it in the 3.30 at Chelt ^H^H Stock Market before paying it out to you.
Likewise transactions made over the weekend - marked "pending"
Utility companies do something similar with consumer credit.
Brian
Its amazing how much money you can making overnighting it on the Money >Markets. If the sums involved are large enough.
On Tue, 3 Jun 2025 11:57:03 +0100, The Natural Philosopher <tnp@invalid.invalid> wrote:
Its amazing how much money you can making overnighting it on the MoneyI knew someone, now deceased, who ran a family business. He heard
Markets. If the sums involved are large enough.
about investing overnight and told his bank manager that's what he
wanted to do with the company's balances. The BM tried to discourage
him but he stood his ground and found it a worthwhile exercise.
On Tue, 3 Jun 2025 11:57:03 +0100, The Natural Philosopher <tnp@invalid.invalid> wrote:
Its amazing how much money you can making overnighting it on the MoneyI knew someone, now deceased, who ran a family business. He heard
Markets. If the sums involved are large enough.
about investing overnight and told his bank manager that's what he
wanted to do with the company's balances. The BM tried to discourage
him but he stood his ground and found it a worthwhile exercise.
They still send me statements
Emptying it was hard enough. Closing it was simply more of a problem
than it was worth
On 02/06/2025 14:12, The Natural Philosopher wrote:
They still send me statements
Emptying it was hard enough. Closing it was simply more of a
problem than it was worth
The same here. I have three TSB accounts, I rang them to ask them to
close them, and they said I would have to go to a branch to close
them. Nearest TSB, 10 miles away, a city centre, getting there would
cost, plus time, so I simply emptied both of the redundant accounts.
I still get the statements for £0.00.
On 02/06/2025 14:12, The Natural Philosopher wrote:
They still send me statements
Emptying it was hard enough. Closing it was simply more of a problem
than it was worth
The same here. I have three TSB accounts, I rang them to ask them to
close them, and they said I would have to go to a branch to close them. Nearest TSB, 10 miles away, a city centre, getting there would cost,
plus time, so I simply emptied both of the redundant accounts. I still
get the statements for £0.00.
On 03/06/2025 21:41, Harry Bloomfield Esq wrote:
On 02/06/2025 14:12, The Natural Philosopher wrote:
They still send me statements
Emptying it was hard enough. Closing it was simply more of a
problem than it was worth
The same here. I have three TSB accounts, I rang them to ask them
to close them, and they said I would have to go to a branch to
close them. Nearest TSB, 10 miles away, a city centre, getting
there would cost, plus time, so I simply emptied both of the
redundant accounts. I still get the statements for £0.00.
With a lousy rate of interest, no doubt.
Why does an outgoing charge from my bank get debited instantly, but a
refund always takes "Three to five working days" before it appears in
the receiving bank account?
Surely it's all a process of moving a series of electrons around
somewhere.
On Mon, 2 Jun 2025 10:04:07 +0100
Davey <davey@example.invalid> wrote:
Why does an outgoing charge from my bank get debited instantly, but a >>refund always takes "Three to five working days" before it appears in
the receiving bank account?
Surely it's all a process of moving a series of electrons around
somewhere.
In contrast to just about every other post in this thread, I recently >returned an item to Amazon for refund. I downloaded and printed the
return form, then took it to our local service station in the early >afternoon. My refund was in my bank account that same evening. I
doubt if they had even received the package by then.
On Mon, 2 Jun 2025 10:04:07 +0100
Davey <davey@example.invalid> wrote:
Why does an outgoing charge from my bank get debited instantly, but a refund always takes "Three to five working days" before it appears in
the receiving bank account?
Surely it's all a process of moving a series of electrons around
somewhere.
In contrast to just about every other post in this thread, I recently returned an item to Amazon for refund. I downloaded and printed the
return form, then took it to our local service station in the early afternoon. My refund was in my bank account that same evening. I
doubt if they had even received the package by then.
In article <103ovl1$tjoc$1@dont-email.me>,
Davey <davey@example.invalid> wrote:
On Mon, 2 Jun 2025 10:04:07 +0100
Davey <davey@example.invalid> wrote:
Why does an outgoing charge from my bank get debited instantly,
but a refund always takes "Three to five working days" before it
appears in the receiving bank account?
Surely it's all a process of moving a series of electrons around somewhere.
In contrast to just about every other post in this thread, I
recently returned an item to Amazon for refund. I downloaded and
printed the return form, then took it to our local service station
in the early afternoon. My refund was in my bank account that same
evening. I doubt if they had even received the package by then.
A few years ago, I also had a very fast refund. About a week later, I received my return back as "un-deliverable, no such address exists".
In article <103ovl1$tjoc$1@dont-email.me>,
Davey <davey@example.invalid> wrote:
On Mon, 2 Jun 2025 10:04:07 +0100
Davey <davey@example.invalid> wrote:
Why does an outgoing charge from my bank get debited instantly,
but a refund always takes "Three to five working days" before it
appears in the receiving bank account?
Surely it's all a process of moving a series of electrons around
somewhere.
My experience with returning items either to a post office to handingIn contrast to just about every other post in this thread, I
recently returned an item to Amazon for refund. I downloaded and
printed the return form, then took it to our local service station
in the early afternoon. My refund was in my bank account that same
evening. I doubt if they had even received the package by then.
to our postman (having booked him to collect the item) is that as
soon as it is in Royal Mail's hands, Amazon deemed to be "returned"
and they do a refund.
In article <103ovl1$tjoc$1@dont-email.me>,My experience with returning items either to a post office to handing to
Davey <davey@example.invalid> wrote:
On Mon, 2 Jun 2025 10:04:07 +0100
Davey <davey@example.invalid> wrote:
Why does an outgoing charge from my bank get debited instantly, but a
refund always takes "Three to five working days" before it appears in
the receiving bank account?
Surely it's all a process of moving a series of electrons around
somewhere.
In contrast to just about every other post in this thread, I recently
returned an item to Amazon for refund. I downloaded and printed the
return form, then took it to our local service station in the early
afternoon. My refund was in my bank account that same evening. I
doubt if they had even received the package by then.
On Sat, 28 Jun 2025 18:16:18 +0100
NY <me@privacy.net> wrote:
In article <103ovl1$tjoc$1@dont-email.me>,My experience with returning items either to a post office to handing
Davey <davey@example.invalid> wrote:
On Mon, 2 Jun 2025 10:04:07 +0100
Davey <davey@example.invalid> wrote:
Why does an outgoing charge from my bank get debited instantly,
but a refund always takes "Three to five working days" before it
appears in the receiving bank account?
Surely it's all a process of moving a series of electrons around
somewhere.
In contrast to just about every other post in this thread, I
recently returned an item to Amazon for refund. I downloaded and
printed the return form, then took it to our local service station
in the early afternoon. My refund was in my bank account that same
evening. I doubt if they had even received the package by then.
to our postman (having booked him to collect the item) is that as
soon as it is in Royal Mail's hands, Amazon deemed to be "returned"
and they do a refund.
What really amazed me was the speed at which it appeared in my account.
If Amazon can do it, why can't everybody else?
On Sat, 28 Jun 25 16:30:02 UTC
charles <charles@candehope.me.uk> wrote:
In article <103ovl1$tjoc$1@dont-email.me>,
Davey <davey@example.invalid> wrote:
On Mon, 2 Jun 2025 10:04:07 +0100
Davey <davey@example.invalid> wrote:
Why does an outgoing charge from my bank get debited instantly,
but a refund always takes "Three to five working days" before it appears in the receiving bank account?
Surely it's all a process of moving a series of electrons around somewhere.
In contrast to just about every other post in this thread, I
recently returned an item to Amazon for refund. I downloaded and
printed the return form, then took it to our local service station
in the early afternoon. My refund was in my bank account that same evening. I doubt if they had even received the package by then.
A few years ago, I also had a very fast refund. About a week later, I received my return back as "un-deliverable, no such address exists".
Was that with their own label?
If RM can contact Amazon instantly why can't they deliver a tracked item
on the day when their tracking email says they will?
With a lousy rate of interest, no doubt.
If RM can contact Amazon instantly why can't they deliver a tracked item
on the day when their tracking email says they will?
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