lloyds tsb internet banking question :)

[GothicGhost]

Hay all.

I mite be buying some items off the MM soon and looked at my online banking with lloyds.

And its got Pay another person option.

I take it this just a straight money transfer into another persons account.

How long does it take and is there any hidden charges lol

Thank you.

 

[Jamesbcd]

Yep, the 'Make a payment' is just a BT. You'll need to add the recipient details and state an amount and phone number. You'll receive an automated call almost straight away, giving you a 4 digit number and you just enter it on-screen and it processes the payment.

It's been instant every time I've BT'd but I assume it depends which bank you are transferring to.

No hidden charges.

 

[GothicGhost]

Thanks very much it will come in handy when buying stuff now on MM.

Cheers.