Customers of some of the UK’s largest banks have been experiencing issues transferring funds to different accounts this morning as a result of an apparent glitch in the Faster Payments system.
Customers that have reported disruption include those banking with Bank of Scotland, Halifax, Santander, NatWest, and Monzo.
The issues come as millions attempt to transfer money on the payday ahead of the extended bank holiday weekend to mark the Queen’s Platinum Jubilee.
Customers have taken to social media to complain of ‘missing payments’ and extended delays related to Faster Payments transfers.
One customer of both Halifax and Santander tweeted: “I’ve transferred money from my Santander account into my Halifax account and the money isn’t there what’s going on??!”
A tweet issued at 9:40am by Santander said: “We’re currently experiencing issues with making and receiving Faster Payments. We are very sorry for the inconvenience this is causing and we’re working hard to fix the problem. Other payment services are unaffected.”
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