I need to know the answers to the following questions:

1. How many days does it take for a national bank wire (UK to UK) for the money to arrive to the recipient account?

2. What do national bank wires cost?

3. Can they be charged back once they are ordered at the bank?

4. Is it possible to define standing orders = repeating payments over several periods?


Thank you very much for any held you can provide to me!
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1) Possibly depends upon method but it can be done in a day.

2) Depends upon your bank and amount. I can send up to 10k on internet banking free of charge.

3) I'm not 100% sure of answer so I won't tell you what I think in case I'm wrong.

4) Standing order is an instruction to your bank to send a set amount, every set period (weekly, monthly etc), to another account.
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3) I'm not 100% sure of answer so I won't tell you what I think in case I'm wrong.

4) Standing order is an instruction to your bank to send a set amount, every set period (weekly, monthly etc), to another account.

Thanks for your help! Actually:

3.) I meant: can a customer of mine sending me money over a normal bank wire (online) charge it back, means: take back the money once he sends me the screenshot of a payment confirmation?

4.) standing orders: thats fine. Do you know if I can set a standing order online?
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3) An online transaction can be reversed. On our internet banking it has some statement saying something about transactions in today's work may be reversed. A customer cannot generally take a payment back but it is possible. I had a brainwave one day and paid an invoice that I'd already paid a few days ago. I contacted bank and got it reversed. I wouldn't rely on a screenshot if you are releasing goods against it.

4) I don't know about every bank but with HSBC/First Direct a customer can set a standing order up online.
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That is very kind of you! Thanks for the information!
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