Hello, on Wednesday I deposited £1 in my Tasco Savings account by bank transfer from my current account. It was only £1 because I wanted to check that I had entered the correct account details. It is now Friday and the £1 has not appeared in my Tesco Savings account. How long should it take? Thank you.
How long does a bank transfer into my savings account take?
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Verified Answer
Verified Answer@HenryB Solved: Tesco savings only allow a single payment into A fixed rate savings account. So, my test of £1 was below the minimum investment of £2,000 and just sat in the Tesco computers. The single payment has to be the whole amount, and obviously there is a risk in doing this of mistyping the account number and directing the deposit to the wrong account. -
Anytime I’ve made a transfer it is instantaneous.
Have you checked if the £1 has been debited from your other account and that it is linked to your Tesco a/c.
You can only transfer from a linked a/c. -
@Talllegs Thanks for replying. Yes, the £1 has left my Barclays current account. There does not appear to be an option to link my current account to the savings account.