[richyp]

Hi all,  does go cardless pass on every individual transaction onto your business account or can you transfer the funds yourself after funds have built up ? Thank you in advance

[Clever Forum Name]

Individual.

What you can do is leave all the payments until the end of the week. Then start them off on the Friday.

[richyp]

So you have to pay go cardless and the scandalous amount per transaction that my business account charges. At least with paypal you can withdraw a bundle of money

[sunshine windows]

I'd change banks if you're getting charged per transaction.

Santander is £7.50 monthly with no other charges as far as I'm aware

[Clever Forum Name]

So you have to pay go cardless and the scandalous amount per transaction that my business account charges. At least with paypal you can withdraw a bundle of money

Once a week? Can't be a lot 25p? Gonna be less than £20 a year.

Or just change banks.

I pay £7.50 a month. That's it.

[richyp]

So i can do it in one transaction once a week yeah ?

[Clever Forum Name]

Yes. You could do it so you receive 1 payment a week as a lump sum. 

[richyp]

Great , whats the best way to get customers to sign up ?

[Clever Forum Name]

WWW page with GC widget.

Text campaign.

[Arnold Palmer]

So you have to pay go cardless and the scandalous amount per transaction that my business account charges. At least with paypal you can withdraw a bundle of money

If you are having to pay for transactions into your bank you need to change banks or at least ask your bank if there is a better account available there.

Banks are modded.

[SB Cleaning]

I'd change banks if you're getting charged per transaction.

Santander is £7.50 monthly with no other charges as far as I'm aware

+1

I've recently moved to Santander after natwest decided to charge me for every transaction 

[Clever Forum Name]

I'd change banks if you're getting charged per transaction.

Santander is £7.50 monthly with no other charges as far as I'm aware

+1

I've recently moved to Santander after natwest decided to charge me for every transaction 

same with Barclays mixed payment plan.

I still have the original letter.

"Don't worry you sucker with your loyalty reward you wont be much worse off"

Old charges £19- £23 per month
New charges £87-£90 per month
- 87p Loyalty reward.

I actually went into local Barclays and gave them 87p back and cancelled the account.

[sunshine windows]

Some banks really do extract the urine!

How the hell can they justify charging you £90 a month when some offer free banking.

[8weekly]

I'm guessing they've decided that they don't particularly want our type of business.

[Arnold Palmer]

I don't mind paying for a service from the bank but the RBS put my charges up 1000% and tried to say it was for my benefit as the charges are supposedly simpler.

[Clever Forum Name]

Some banks really do extract the urine!

How the hell can they justify charging you £90 a month when some offer free banking.

I think it's only a matter of time that all banks charge for online transactions TBH.

That's when a weekly GC payment would be handy.

It was £90 because they were charging £1.50 a cheque!!!!!!!!!! Instead of 45p ! I was so angry.

[richyp]

Confused here, can't I just take a weeks money or monthly money out of go cardles to my nat west account in one transaction ?

[Arnold Palmer]

Confused here, can't I just take a weeks money or monthly money out of go cardles to my nat west account in one transaction ?

You charge your customer then 5 working days later it's in your bank. It's up to you how often you do it. I do mine once a week so I get one payment into the bank every week.

[sunshine windows]

Rich,

GoCardless isn't like a holding bank account where you accrue funds to be drawn at you leisure.

There is a set timeframe from the beginning of each transaction. Once the funds have cleared into their account they then pay this money to you after X amount of days. (3 I think). You cannot chose when to have the money transferred.

Like has been said. Just start a bulk of transactions each week and you'll get a lump some every time instead of doing it daily.

[smearo]

For those of you that have changed bank surely
It's a right pain for those customers that have you
Account details set up already. I'm with natwest and
They are going to triple my bill.