How long will it take to make a payment?It depends on the way you make the payment;
Transfer to another Tesco Bank account in your name - immediate
Faster payments - Payments made using the service are normally made within two hours, but may take up until the close of business the following day if we take our service offline for maintenance. If the account you are transferring to do not accept faster payments, please call us and you can transfer the money via CHAPS or we can send you a cheque from your account.
CHAPS - If we receive the instruction before 1.30pm then the funds will be credited to the receiving account before close of business the same day. If received after the cut off then the funds will be received by close of business the next working day.
Refer to the relevant Savings account Summary Box on our website for further information about daily withdrawal limits. When you use Online Banking you can only transfer money to accounts that can accept Faster Payments.Was this article useful?
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