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Deposit transfer to the solicitor
Comments
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No need for CHAPS these days. Online accounts are usually capped at around £10,000 for faster payments, so just go into your local branch and get the count staff to do a faster payments transfer for you. They can transfer anything up to £100,000. Just remember to take some ID with you.
Yes faster payment standard limit per account is £100K but most of the people only use their internet banking that has further limit to only deal with £10K-£25K as a daily limit. This limit is applied by the banks, not by the faster payment systems.0 -
Agreed, so get the counter staff to do the transfer for you.MFiT-T3 #149: {Q4/14} (£46,447)-->(£0) ~ +£46,447=100%
Mortgage Free: 1st October 2014 :j0 -
Phoned Santander and they can do my solicitors deposit with a 'faster payment' (£21,000) over the phone.
They said they can go to £100,000 and anything beyond this would have to be a CHAPS.0
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