Best of British Banking
Tuesday, July 5th, 2005This evening I transfered some money, using internet banking, from a Barclays Bank account in the UK to another Barclays Bank account in the UK. Here, in Germany, a funds transfer between different branches of the same bank is normally instantaneous. Imagine my surprise to receive the following message when I hit “confirm”:
Pay a Bill or Someone Step 2b of 4Good grief, can’t Barclays at location “A” trust Barclays at location “B”? The implication of the third sentence is that other banks are more trustworthy.
Barclays to Barclays payments
Because the person you’ve chosen to pay has a Barclays account we need to do some extra checking.
These checks help us to protect your account from potentially fraudulent activity. As a result, your payment will be made on 07/07/2005.
Your current balance shown on your homepage will not be updated until this payment is made.
Is their computer system so full of security holes that they can’t manage an intrabank transfer without two days worth of checking?