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i finally set up online banking.through my bank. and so i added my landlord so i can pay him. but it says he wont receive it until nov 8. why does it take so long??? regular mail will only take 2-3 days

2007-11-02 07:40:46 · 4 answers · asked by daboywonder2002 1 in Business & Finance Personal Finance

4 answers

I've had the same problem. Apparently some vendors are set up for electronic funds transfer, and those payments go quickly. Others are not set up for EFT, and so checks are mailed, and it takes the bank a day or two to cut the check, it takes a few days for the mail, etc. The bank doesn't actually show it as paid until the check has cleared back through the system.

2007-11-02 07:46:42 · answer #1 · answered by hottotrot1_usa 7 · 3 0

My bank usually tells me the same thing to cover their butts in case there is a delay for some reason. For example, if I went in today to pay my electric bill, it would tell me the scheduled payment date is 11/9. But it usually clears the bank in 2-3 days.

Maybe do it next month when you have a couple of days to play with (like do it through the bank on the 29th or something) and see how long it actually takes to post.

2007-11-02 08:20:31 · answer #2 · answered by HEATHER 6 · 0 0

For the utilities (gas, electricity, etc), you should contact your chosen supplier and arrange to have a supply connected. May be easiest (I've always done this when I moved into a new flat/house) to ask the agent which company previously supplied the property and use them for now as you might get a quicker connection. The supplier will arrange method of payment with you directly. Always record the meter readings as soon as you move in - and make sure these are the same as what the agents claim. Also contact the local water suppliers to make sure there is a supply to the property. As for Sky this is something you should probably speak to the estate agent about and check that you are allowed to put a Sky dish up before you order an installation. Also (if you haven't already) check whether there is a phone line to the property as you'll need one for Sky.

2016-04-02 00:54:22 · answer #3 · answered by Anonymous · 0 0

Not sure, things clear for me in a 2 days, maybe it's the way its processed.

2007-11-02 07:48:30 · answer #4 · answered by krennao 7 · 0 0

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