Halifax WebSaver & Faster Payments

noh

Transfers between accounts held within the LBG will be immediate regardless of branding

Thats ok then. Transfer the money to a Lloyds account and do the £25K faster payment from there.

rb10

noh wrote: »

Thats ok then. Transfer the money to a Lloyds account and do the £25K faster payment from there.

Assuming theirs doesn't drop as well. Halifax and Lloyds TSB accounts will all be held on the same system by then, remember.

Azrael_1701

noh wrote: »

Thats ok then. Transfer the money to a Lloyds account and do the £25K faster payment from there.

Except that all transfers out will be limited to 10k unless chaps(which have to be done in branch now, unless from certain accounts)

noh

Azrael_1701 wrote: »

Except that all transfers out will be limited to 10k unless chaps(which have to be done in branch now, unless from certain accounts)

It (a transfer between Halifax and Lloyds) won't be a transfer out. It will be a transfer within the group as you said previously so I assume no daily limit as it is now?

http://www.halifax.co.uk/onlinebankinghelp/fasterpayments.asp?!!!!!HOME5

noh

rb10 wrote: »

Assuming theirs doesn't drop as well. Halifax and Lloyds TSB accounts will all be held on the same system by then, remember.

Yes but I really cannot see Lloyds reducing their limit to £500.
They have steadily increased the transaction limit to £25K.
The increase to £25K being very recent, it was £15K when I last looked, two or three weeks ago.

I would also be very surprised if the Halifax FP limits were dropped to £500. It makes the accounts next to useless compared with their competitors.

Azrael_1701

noh wrote: »

It (a transfer between Halifax and Lloyds) won't be a transfer out. It will be a transfer within the group as you said previously so I assume no daily limit as it is now?

]

£10000 transaction limit inside the group, £10000 daily outside

noh wrote: »

Yes but I really cannot see Lloyds reducing their limit to £500.
They have steadily increased the transaction limit to £25K.
The increase to £25K being very recent, it was £15K when I last looked, two or three weeks ago.

I would also be very surprised if the Halifax FP limits were dropped to £500. It makes the accounts next to useless compared with their competitors.

£500 for all outbound faster payments as of integration date.

noh

Azrael_1701 wrote: »

£10000 transaction limit inside the group, £10000 daily outside



£500 for all outbound faster payments as of integration date.

So if true it makes Halifax accounts near enough useless compared with their competitors?

Azrael_1701

noh wrote: »

So if true it makes Halifax accounts near enough useless compared with their competitors?

As opposed to how they are now?

noh

Yes worse than they are now.

rb10

noh wrote: »

So if true it makes Halifax accounts near enough useless compared with their competitors?

Added with the fact that external BACS payments will apparently be limited to £10k per day ... rather than what we currently have, which is £15k per transaction.