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Halifax Faster Payments Limit

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Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    YorkshireBoy wrote:
    Doing this (all sub £1K as well) got my online access suspended for around 36 hours last week.
    Heng_Leng wrote: »
    This was happening to me on a regular basis - i closed the Reward accounts and went to RBS... As with Santander / A&L you get what you pay for.
    Whilst a tad annoying at the time, I still got my transfers made by telephone banking (at their cost as I used their callback service) - albeit they had to go by BACS instead of FP.

    On balance, I think I'll keep my Reward accounts and the £240 per year they generate. :)
  • D1zzy
    D1zzy Posts: 1,500 Forumite
    I have not been able to do > £1K as a single transaction on-line. So when shuffling my 1K through, have always had to transfer out the fivers in a separate transaction. However, LTSB have recently raised their on-line transaction limit to £2.5K so maybe they have now been brought into line.
  • Mikeyorks
    Mikeyorks Posts: 10,378 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Mikeyorks wrote: »
    As Baldur infers ..... the limit is currently £2500 for 'immediate' FP transactions. Did one earlier today for just under that value from Halifax to Lloyds (and they remain separate identities, currently, for this type of transaction. It's not an internal transfer - yet)

    ............. yet, tried to transfer just £25 to my Sister last night ..... and it was going via BACS on the 15th! So I cancelled it and it went via FP quite happily this morning.

    Nothing if not consistent in their inconsistency?
    If you want to test the depth of the water .........don't use both feet !
  • System
    System Posts: 178,378 Community Admin
    10,000 Posts Photogenic Name Dropper
    Horses for courses i guess... ;)
    YorkshireBoy wrote: »
    Whilst a tad annoying at the time, I still got my transfers made by telephone banking (at their cost as I used their callback service) - albeit they had to go by BACS instead of FP.

    On balance, I think I'll keep my Reward accounts and the £240 per year they generate. :)
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • glider3560
    glider3560 Posts: 4,115 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Cheers all.

    Made the transfer today. Went very smoothly - all in one transaction which took about 4 seconds to arrive at First Direct.

    Also saved me the hassle of needing to fund my reward account this month - a free fiver just for moving my money via a current account instead of directly :D
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