Halifax online transfer limit?

I have a few accounts with Halifax (current, saver reward etc) but I want to consolidate the money into one savings account with another bank.

How much can I transfer daily online with Halifax from one bank to another?

Thanks.

Comments

  • D1zzy
    D1zzy Posts: 1,500 Forumite
    Vegeta wrote: »
    I have a few accounts with Halifax (current, saver reward etc) but I want to consolidate the money into one savings account with another bank.

    How much can I transfer daily online with Halifax from one bank to another?

    Thanks.
    depends on the type of account - see below from Halifax:-
    In response to your query, I can confirm that an unlimited amount of funds can be transferred out of a Web Saver account through our Online Service. This is regardless of which organisation the destination account is held with.

    All other Bank and Savings accounts held on our Online Service are limited as to the amount of funds that can be sent per transaction.

    If a funds transfer is sent to another account with ourselves then each transaction can contain a maximum of £20 000, however more than one payment can be made to the same internal account per day.

    The majority of internal payments are sent and received immediately, and once the funds have been received in the destination account then another payment of up to £20 000 then be made.

    If a funds transfer is being made to an account with another organisation then up to £15 000 can be made per individual payment, however please be aware that only one payment can be made to an external mandate per day.


    The Faster Payments System will currently not accept transfers higher than £1000, if you are looking to send a higher amount than this please be aware it will go through the normal BACS route which will take 3-4 working days.


    On accounts with withdrawal limitations, Internal transfers will count as a withdrawal. If money leaves the account, regardless of its destination, then this is a withdrawal.


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