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Missing faster payment

1 reply

Shearebel · 04/06/2025 18:16

Posting on behalf of DH as we are both currently getting nowhere and seems to be remarkably little about this online.

DH does some work for a US company who process payments via Convera. It’s a loose contract but he’s had 6 or so payments in the last year all around £1200. One was sent via faster payment on Friday and still hasn’t arrived. The international element is a bit of a red herring as it’s sent to Barclays in the UK who then distribute the payments so not coming from a UK account.

Sender is adamant it’s sent - has sent all the relevant paperwork, traces etc. Account number and sort code are correct. As I say no problem in the past. Also large company and no reason at all to suspect solvency issues etc and paperwork all is in order. NatWest are saying nothing to do with them, they can’t trace and no ability to. Sending company say Convera have done everything their end and can provide all paperwork to back this up. So we are stuck in the middle with no payment and seemingly no recourse!

I was wondering if anyone could suggest a) what might have happened and b) what next steps can be.

Thanks in advance if anyone can shed any light!

OP posts:
BeNiceWhenItsFinished · 04/06/2025 18:21

We paid one of our UK suppliers on 29th May by same-day bacs. They didn't get it till the 3rd June. Just today I've also had another statement from a different supplier we also paid the same day and I'm starting to wonder if there is a bit of a glitch in the banking matrix.

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