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Halifax Faster Payments Daily Limit?
LucyTheDwarf
Posts: 880 Forumite
Does anyone have a definitive answer about this?
I manage to transfer out £4000 by FP on Saturday, into my HSBC current account (sending 1k at a time, because it didn't allow £6000 at once). Any more above that, it said, would have to go by BACS. I assumed I'd hit the daily limit, so planned to log on and send the remaining 2k on Sunday.
On Sunday, again, it said I'd have to send by BACS. I thought it was perhaps because it was a Sunday... maybe FPs have a little break then too, sometimes. I'll try again Monday, I thought.
This morning, I yet again tried to send by FP, and it still says I have to use the bill payment service, payment date Wednesday. I phoned Halifax, and they tell me there is no limit for FP... which I believe to be incorrect as I know I have seen people talk about it here.
I just feel it's totally silly. Why shouldn't I be able to put my money into a decent account, rather than leaving it in the web saver paying a paltry 0.10% for that extra day it'll take to BACS it? Grr.
I manage to transfer out £4000 by FP on Saturday, into my HSBC current account (sending 1k at a time, because it didn't allow £6000 at once). Any more above that, it said, would have to go by BACS. I assumed I'd hit the daily limit, so planned to log on and send the remaining 2k on Sunday.
On Sunday, again, it said I'd have to send by BACS. I thought it was perhaps because it was a Sunday... maybe FPs have a little break then too, sometimes. I'll try again Monday, I thought.
This morning, I yet again tried to send by FP, and it still says I have to use the bill payment service, payment date Wednesday. I phoned Halifax, and they tell me there is no limit for FP... which I believe to be incorrect as I know I have seen people talk about it here.
I just feel it's totally silly. Why shouldn't I be able to put my money into a decent account, rather than leaving it in the web saver paying a paltry 0.10% for that extra day it'll take to BACS it? Grr.
Target Cash Net Worth: £25K by January 2012
Progress May-08 19.0%; May-09 40.0%; May-10 63.0%; May-11 58.4%; Jun-11 58.5%; Jul-11 58.9%; Aug-11 58.7%; Sep-11 59.0%
Progress May-08 19.0%; May-09 40.0%; May-10 63.0%; May-11 58.4%; Jun-11 58.5%; Jul-11 58.9%; Aug-11 58.7%; Sep-11 59.0%
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Comments
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Oh, after they said there was no FP limit, they advised me to keep trying. I gave up.Target Cash Net Worth: £25K by January 2012
Progress May-08 19.0%; May-09 40.0%; May-10 63.0%; May-11 58.4%; Jun-11 58.5%; Jul-11 58.9%; Aug-11 58.7%; Sep-11 59.0%
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Try reading here.....
http://forums.moneysavingexpert.com/showthread.html?t=1695777Herman - MP for all!
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Thank you - I knew I'd seen a thread with something like this.
Apologies for posting the same issue again - I did try a search, honest!Target Cash Net Worth: £25K by January 2012
Progress May-08 19.0%; May-09 40.0%; May-10 63.0%; May-11 58.4%; Jun-11 58.5%; Jul-11 58.9%; Aug-11 58.7%; Sep-11 59.0%
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Don't worry, I hope it helps you. Herman - MP for all!
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