I want to pay off the loan and on the ways to settle it says via faster payment. What is it? can i just transfer it from my bank account?
Verified AnswerVerified AnswerHi @monikaford84, thanks for getting in touch. That's right, you can make your settlement payment by bank transfer. You'll need to use your Tesco Bank loan sort code and account number which can be found on a loan statement or on your online banking overview.
Verified AnswerVerified AnswerHi @monikaford84
Faster payments is just that.
When you make your payment it arrives within minutes, but sometimes it can take up to two hours. It will always be credited by the end of the following business day, assuming you're making the payment to another bank or building society that's also a member of the Faster Payments scheme.
With regard to your loan please send Tesco Bank a private message and ask them for an upto date balance for the outstanding amount.
Click on this link: https://yourcommunity.tescobank.com/...newpm&u=447614
Complete it, click 'Submit Message' and this will send your message securely and privately.
Please include your full name, date of birth and postcode.
You will receive a reply to your private message, with the appropriate response.
Warm wishes, Caz @25H
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