Nationwide Funds Released Issue – PLEASE READ.

Notices

Funds Released – Nationwide Building Society

We’ve received a number of queries regarding the “Funds Released” status appearing on Lender Exchange prior to the actual release of funds. To clarify: • For BACS payments, the “Funds Released” status will appear 5 days or less in advance of the release date. • For CHAPS payments, this status will appear 2 days or less before the funds are released. We can confirm that this is not standard practice, and the matter is being investigated. Please note that the Funds Available Date within Lender Exchange is the definitive indicator of when the funds will be sent. We hope this helps clear up any confusion.