Could LTSB take money from Halifax account.?

karend1980

As the title says can ltsb take from a halifax account.. I transfered my benefits temporarly over to halifax as that was the only other account i had, waiting on paper work from Coop them will get it all changed over to coop. but just worried about my money in the halifax......???????

mummytotwo_3

Unless they have the halifax account details and have set up a direct debit then they cant.

blind-as-a-bat_2

As Ltsb and Halifax are the same group, they have;)

Whether they have informed you the right to offset is now group wide is another matter, but by the track record, doubt they would let a small detail like that worry them

mummytotwo_3

I had forgotten they were the same group now Blind! mmmm in that case im not so sure now.

karend1980

Oh blimey panicing now,,,

in_the_mire

Not 100% if you can do this but anyway I throw it in, if you have a 02 payg or contact ( if not get a free sim) apply for thier cash card and have the benefits paid onto this. you can access your money from any bank machines / most shops, but has I found out you can not pay banks/dca with it.
I sure someone will correct me if this can not be done with benefits.

fermi

I can't remember any specific examples of them grabbing cash across the group of companies, but as BAAB says, I'm not sure I would trust them on that.

Martin also makes some (sort of) reassuring statements in this:

Setting Off Rules: DON'T bank where you’ve got debts

But again, not sure I would quite risk my money based on that.

karend1980

fermi wrote: »

I can't remember any specific examples of them grabbing cash across the group of companies, but as BAAB says, I'm not sure I would trust them on that.

Martin also makes some (sort of) reassuring statements in this:

Setting Off Rules: DON'T bank where you’ve got debts

But again, not sure I would quite risk my money based on that.

I'm so stupid, I know I shouldnt have put it all in halifax.. thankfully its still there today but i can only draw out 200 a day and i got more then that coz the LHA rent has been paid.. eeek my mum says i can transfer it all to her account for safe keeping her account is with LTSB though..

k2nga

Karend1980 are you sure that £200 daily limit is not just on the cash machine. I think if you pop into branch you may be able to take out much more. I would at least give that a try if nothing other than give yourself some peace of mind.

karend1980

k2nga wrote: »

Karend1980 are you sure that £200 daily limit is not just on the cash machine. I think if you pop into branch you may be able to take out much more. I would at least give that a try if nothing other than give yourself some peace of mind.

Yeah off course silly me... I will pop down the bank later...:D

crispy_chris

For now at least the Halifax and the Lloyds systems are absolutely seperate. So whilst in the long term it is probably a good idea to move it, in the short term I would move it when you can but don't get stressed about it