• Join Date: May 2021
    Posts: 2
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    Why is transferring money to Tesco bank not instant like others?
    07-05-21 , 10:19

    I use Monzo and Starling banks. When I transfer money between them, or someone pays me, it is INSTANT. I mean INSTANT! The app then also alerts me I have received money. Its brilliant.

    Why is Tesco not instant? When I transfer money to my tesco account, I have to wait a while. And then I dont even get an alert. So I have to sit there and check, and wait, and check, and wait. Its like bing in the nineteen eighties 😁

    Do tesco just not use the latest banking technology, including not using available features from the phone in the app?
    Click below to see solutions
  • Join Date: Mar 2021
    Posts: 25
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    Best Answer
    11-05-21 , 13:02

    When receiving a payment from an account held at another bank or building society, your money will be available to spend as soon as we receive it. If it's coming from another Tesco Bank current account or savings account, it will be available within 2 hours of you asking us to send the money.
  • Join Date: Mar 2021
    Posts: 25
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    07-05-21 , 13:10

    Hi @lozcozenge, sorry to hear about this. Can I just check which type of account you have with us? - Robbie
  • Join Date: May 2021
    Posts: 2
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    10-05-21 , 18:32

    Just says Current Account in my app. I have two accounts.
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