NatWest transfer question

Ximian

I have a question on transferring money with NatWest and I'm hoping for some advice: What would the fastest method of transferring a large sum of money from a NatWest account to an internet account such as Egg internet saver? I understand that I can transfer the money via direct debit which is done immediately but limited to £5k per day and BACS is limited to £10k and takes 3 business days to complete. Is it faster to pay via Direct Debit @ £5k per day combined with a BACS payment and would the BACS payment and DD combined cause a problem of the maximum daily limit being reached?

Or is it faster to transfer by cheque instead?

TIA

YorkshireBoy

Ximian wrote: »

...a large sum of money...

Define "large", because you can do it instantly with Faster Payments at £10K per day.

And DD is not done immediately. You make the request of Egg on Monday, for example, and the money is pulled on Wednesday.

Ximian

£40k large to me :P

YorkshireBoy

Action a DD pull on, say, Monday for £20K

Initiate £10K FPs from NatWest on Monday and Tuesday.

Egg balance:

Monday.........£10K
Tuesday........£20K
Wednesday....£40K

Probably the optimum way?

fozmcfc

Ximian wrote: »

£40k large to me :P

and me :beer: