I know what you mean a bit … until this last few months, my oldest (married) daughter did not have a bank card as she was part of a ‘common purse’ bank account arrangement. So their ‘common purse’ bank account paid a lump sum into my (clearance?) bank and I paid for four giffgaff Goodybags each month (usually via my PayPal account); whenever she needed things paid for online, I either paid by card or by PayPal depending on what it was (and where it was coming from) and was paid back via cash.
She still uses my PayPal account to transfer money between friends (both collecting for lump payment, and giving her part), but the Common Purse has now bought pre-loaded cards for their members to use for purchases, and re-load as required (with two unrelated persons authorising) so I no longer have such a responsibility (whew!) although I still help if necessary.
I shuffle money through my three current accounts and savings accounts as required. (As my income falls short of the monthly minimum required to pay into my Club Lloyds Account, the ‘shuffle’ artificially inflates the income running through the account, so I pay no fees, thus maximising interest potential). My balance stays a fairly constant palindromic £5000.05 as interest is only paid up to five thousand pounds (and I like palindromes); income comes initially through a separate account, which is the only one I don’t obsess with keeping palindromic.
My two direct debits from the ‘Club Lloyds’ Account are paid back as soon as possible. I pay credit cards from third account, and replace that money from the second account as soon as I pay it out.
A quick glance at my balances will thus tell me instantly if something might be amiss, as balances not palindromic will catch my eye!
@frpc The "My Bank is not shown" link is just a place holder for now. We just wanted to let you all know that it will be there in the final prototype.
The security question and code will be handled by your bank and not us, those are just mockup screens to simulate the actual process and let you know at what stage in the journey you will be logging in through your bank.
@juan_p Thanks for clarifying. I realize that it is a work in progress and is mocked up but the working finished website will need a response to 'My Bank is not shown' such as here is a list of which banks are participating. If your Bank is not shown, you may need to contact your own Bank for a fuller update.
I'm slow to the party in terms of gameplan so trying to catch up by having a flick through. All seems great and very interesting to see how giffgaff are progressing on this side of the business.
@the_islander Love that coment about being SLOW that made me laugh and there was me thinking and I thought you was a Kung fu master
On now in the photography board. Join in here Let's see and share some of your favourite animals. August challenge.