You can transfer funds directly from your bank account into our FundingKnight segregated client account. We will then allocate these deposits to your online investor account. Please ensure that you always quote your unique investor account number when transferring funds as this will help ensure funds are allocated as quickly as possible.
In the majority of cases, investor deposits are credited automatically between our systems without needing FundingKnight staff to approve them. During the working day, it typically takes 2-4 hours for our bank to receive funds, and a further hour for our bank’s system to notify us of this. This may take longer overnight and at weekends.
The exact length of time before the money appears in your account will depend on your bank, the total transfer (amounts of £1,000 may take longer) and whether your account uses the ‘Faster Payment’ system.
If you are unsure whether your account is on the ‘Faster Payment’ system, please contact your branch or check directly on the Faster Payments website.