Originally Posted By: peter
It's pretty general in the UK nowadays that you can ring up your bank and do a transfer to someone else's account, even at another bank, for free and (I'm fairly sure) same-day.


Same day for accounts at the same bank; I think it's usually 3-4 days for accounts at other banks, although there are periodically noises about forcing the banks to change this -- it's artificial, and they just sit on the money for those days.

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Online too, though for anti-fraud reasons the bank I use will only let you do online transfers to accounts you've done transfers to before, so the first one has to be by phone banking.


My bank will let me set up transfers online as well.

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On the other hand I've never heard of direct deposit to more than one account


Never heard of this either.
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-- roger