Halifax transfer limits - online/telephone/branch

gelato_cat

Hi all

I would ring the Halifax and ask, but from past experience you ask three different people and get three different answers, so the definitive answer is mostly likely to be found on these here boards!

I need to transfer £50k from my BoS IASA to my First Direct current account, ideally on Monday 20th July, to arrive at FD by Friday 24th July.

1. Can I move the whole lot from my IASA to my (so-called) High Interest Current Account in one go using Internet banking? If not, what's the maximum daily limit?
2. Can I do same using telephone banking? If not, what's the maximum daily limit?
3. Can I do same by going into branch and asking one of the idiots in there to do it? If not, what's the maximum daily limit?
4. Once money is in the HICA, can I BACS it across to FD in one go using Internet banking? If not, what's the maximum daily limit?
5. Can I do same using telephone banking? If not, what's the maximum daily limit?
6. Can I do same by going into branch and dealing with idiots? If not, what's the maximum daily limit?

Truth be told, it's the first three questions which are most important, as once the money's in the HICA I can write a cheque and deposit the money into FD that way.

TIA

Suze

opinions4u

Can I do same by going into branch and dealing with f-wits?

Is there really any need for that?

And your edit doesn't exactly improve things.

Can I do same by going into branch and dealing with idiots?

Has it crossed your mind that YOUR attitude could make staff in a bank branch feel intimidated? In my experience banks pay a mediocre wage and obtain good quality branch staff for it. I'm sorry you've lost faith, but there really is no reason to be so insulting to people who are almost certainly trying to do their best for their customers.

gelato_cat

Sorry if I've caused offence but the level of knowledge of their staff is pitiful. That includes the people in the branches.

Suze

opinions4u wrote: »

Is there really any need for that?

masonic

The internal transfer shouldn't be a problem. For the transfer to FD, I don't know what the limits are, but typically they are low for automated transfers. I severely doubt you'd be able to do it online. You may be able to do it by phone by speaking to an advisor, but the cheque option is a reliable fallback.

gelato_cat

Thanks. So there's no £10k limit for internal online transfers?

Suze

Dagobert

You might be interested in [thread=1785897]my transfer experience[/thread].

I believe there is no limit for internal transfers. In above thread I was advised to do the transfer from my Halifax savings a/c via the phone. ThIs was then carried out within 2 hours.

I was told that the daily total limit for external transfers is £10K. However, I was able to move more. This might be due to the fact that I moved from 2 current accounts. Maybe this limit is per account or it isn't true.


And, by the way, I do object to that particular swear word, too. I understand that you are getting exasperated about "pitiful knowledge levels" but this kind of language is un-called for. May I suggest you edit your post and replace it with something less offensive?

YorkshireBoy

The outgoing limit is £15K...in my experience...although I'm not sure if that's per customer or per account. If the latter, and you perhaps have a few Reward accounts, you should be OK.

Although I've previously moved over £50K between two Halifax accounts on the same day, I've limited each transaction to <£15K because I assumed the same limits applied for internal transfers.


Echo the previous comments on your language (EDIT: which I see you've now removed). This isn't 'The Arms'.

gelato_cat

OK, point taken about the language.

Thanks for the replies re transfers.

YB, the £50k you moved, was it all from one account to another (broken into chunks)?

I have got a few Reward accounts, so they may come in handy! Didn't think of that...

Suze

YorkshireBoy

Suzey wrote: »

YB, the £50k you moved, was it all from one account to another (broken into chunks)?

Yes, between 2 websavers.

I have got a few Reward accounts, so they may come in handy! Didn't think of that...

Hopefully the limit will be per account and not per customer. Trying on the Monday should still allow time for your backup plan with the cheque...providing it'll 'clear' on/by Friday at FD?

gelato_cat

It's for a house completion, which doesn't take place until the end of July, so I was building some slack time into my plan by having all the money in FD by the end of the previous week

Suze

YorkshireBoy wrote: »

Yes, between 2 websavers.Hopefully the limit will be per account and not per customer. Trying on the Monday should still allow time for your backup plan with the cheque...providing it'll 'clear' on/by Friday at FD?

BiggaThanBen

the limit is £10K per account (this is coming from BACS system)

If you need guaranted same day transfer, use CHAPS (£2.5 million daily limit as I remember)