Dear all - just got my new CA Debit Card last night in the post.
Trying to transfer funds from my legacy account (HSBC) by faster payments - HSBC keeps throwing an error that my security key code is incorrect. I have checked and rechecked my HSBC password (either way i could not have logged in without it so know it is correct) and it keeps failing.
I’m wondering if it’s a Monzo a/c no or sort code issue? Anyone else had similar?
The only issue I have with HSBC is that it won’t let me put “Monzo” as the payment reference. I regularly make FPS transfers to my Monzo CA, and have a regular standing order setup that works fine too.
Upgraded to a current account when my card arrived yesterday and noticed it took almost two hours for a transfer to move from my HSBC Advance account to Monzo. I have since done another one and it was instant, so who knows. I’ve noticed similar inconsistencies in transfer times using Starling, too, so it’s entirely likely the issue is HSBC’s.