Re: ukha_d payments

["Matthew Norman" <mafiu@xxxxxxx>]

I've probably used them about 10 times now - probably about £500 in total,
both to pay and to receive.
If youre prepared to swallow the 99p charge, then the funds are only with
nochex until you next log on to them.  The money appears as a pending
transaction (refund) on your card within a few minutes of you sending it to
your account.  (as long as its not sunday)  You've just got to risk them
going bust in the few hours between you receiving the payment and
withdrawing it.  They obviously make the money by having people sitting
with
funds in their account until they want to buy something so as to save the
99p charge.  Clever really.

For ebay its great - your seller can have confirmed transfer of funds
within
minutes of the auction end..

Matthew

----- Original Message -----
From: "Keith Doxey" <ukha@xxxxxxx>
To: <ukha_d@xxxxxxx>
Sent: Tuesday, January 22, 2002 10:52 PM
Subject: RE: [ukha_d] ukha_d payments


> Thats the approach I am taking.
>
> The money is only in NOCHEX for the minimum amount of time.
>
> Keith
>
> -----Original Message-----
> From: Paul Gordon [mailto:paul_gordon@xxxxxxx]
> Sent: 22 January 2002 22:44
> To: ukha_d@xxxxxxx
> Subject: Re: [ukha_d] ukha_d payments
>
>
> I plan to limit my exposure by moving the dosh into my bank account
every
> time it reaches a ceiling amount. (I'll probably set that at about
£30) -
as
> it costs 99p to move the money into my bank A/C, I don't want to be
doing
it
> too often, but like you say, you don't want to be left hugely out of
pocket
> if they do disappear... £30 I could live with, - that's no more or
less
than
> a half-decent night in the pub...
>
> Paul G.
>
>
>
> For more information: http://www.automatedhome.co.uk
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