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Nationwide Clarifies Pending Payment Rules After Customer's EE Complaint

The building society says most card holds clear within seven days.

Overview

  • A customer said a payment to EE made on January 4 and cancelled on January 5 was still pending on January 12, prompting Nationwide to respond.
  • Nationwide said card payments typically remain pending for seven days while awaiting the merchant’s clearing file, calling this a standard industry timeframe.
  • If no settlement is received after seven days, the society stops reserving the money and the pending entry is removed, restoring the available balance.
  • Refunds are posted once the merchant sends them, with merchants commonly quoting five to seven days to process refunds.
  • Nationwide warns some current account transactions can take up to 180 days to go through and says customers can dispute payments via branch, contact centre or online.