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I setup a new account online and account was immediately setup and can be viewed online immediately. Online request the linked account and the 2 confirmation amount was sent to the outside FI after 2 biz days. So start to finish with linked account setup is like 3 biz days for me. Guess I am lucky. Use Latest version Google Chrome browser if it makes a difference.

Also did a linked transfer and it says may take upto 5 biz days. Certainly hope it does not take that long.

Norman1 said

Londonguy said

Based on some insightful commentary I've received from people who work in the biz, this is most likely a case of somebody transposing my surname with that of my wife many, many years ago. So I exist all right, but TransUnion effectively invented an alias for me that incorporates her last name instead of my own. Apparently I've been getting along all these years by virtue of everything else I've entered on credit applications matching 100%, e.g. DOB, SIN, etc.

That is not necessarily a mistake.

In many provinces, like Ontario and Manitoba, marriage does allow one to assume spouse's last name. One just needs to present ID with one's original name along with the provincial marriage certificate showing matching original name and the spouse's name.

Historically, it was the wife who did this. However, the option is also available to the husband.

Yes, if one provides date of birth and SIN, lenders are able to retrieve the correct credit bureau record in spite of mismatched, misspelled, or partial names. Unfortunately, the resulting record won't meet FINTRAC name verification requirements and the financial institution will have to use another method to verify name.  

I get your point about marriage-related name changes but that's not operative here. I'll never know how or when for sure, but at some point my TransUnion file was altered to change my surname to that of my spouse without any input from me. And it probably had something to do with CapitalOne's reporting to the bureaus, because that's the only CC account we ever held where she was the primary and I was the secondary and a transposition opportunity potentially arose, even though the monthly statements always showed our names correctly.

Fortunately it hasn't thus far affected my ability to secure credit for the reasons you cite, i.e. that everything else matches. My current frustration however is that the error is preventing me from accessing any of the TransUnion fraud prevention tools offered me by CapitalOne because the only way to sign up for them is online. Meanwhile, the only way to get my credit file corrected is by mail or fax submission (and fax doesn't seem to work because of image clarity issues of ID) and then sit on my hands until they make the correction.

I submitted my ID to them on August 21 but as of this morning my file remains suspended and I haven't heard a thing back

Credit bureaus don't decide. They collect what lenders upload to them.

If a lender says they sufficiently verified the identity of and issued a credit card to "Snoopy Dog" who has your date of birth and SIN, then the credit card will be added to your credit record. The name on the record will then be updated to "Snoopy Dog"!

I tried to sign up today, and when I got to the stage where Equifax verifies your identity, it said to answer the questions but no questions appeared. Refreshed the screen three times and nothing. Did anyone else experience this?
AT

Bud said
So 3 days to transfer from external bank to b2? Monday to thursday  

Have done a few pulls into B2B now and they all showed up the next day.

If a push from another FI is taking 3 days to show up, then that tardiness is on the remitting institution, not B2B