Savings accounts deposits by Direct Debit?

shymanuk

hi do the santander dd have to be done so you pull the money each month? sent the forms off got the letter back saying dd set up ... went on to e saver account no dd set up? rang them and they say you have to log in each month to pull the money from halifax account .... is this correct ....... seems so silly ?

KTF

You need to go to the Payments and Transfers menu then select Pull in from external account.

If you wanted it to be done automatically then you needed to fill in the top section of the form.

shymanuk

KTF wrote: »

You need to go to the Payments and Transfers menu then select Pull in from external account.

If you wanted it to be done automatically then you needed to fill in the top section of the form.

i did, ticked each month? oh well have to contact them again, but they are saying cant be done on esaver ...... me thinks they dont know their ...... from their ........well set it to pull money in now and see what happens. as cant get anywhere with santander staff so far.

innovate

I have a working DD on my Santander esaver, paying money into Lloyds once a month. I definitely didn't do anything else apart from filling in the Santander form and ticking the "monthly" box.

I cannot tell the frequency from my Santander account, but I can see in my Lloyds account that it is monthly. Though this information only became available on the Lloyds account after the DD had been executed twice, before then it said the frequency was "Not Known".

shymanuk

innovate wrote: »

I have a working DD on my Santander esaver, paying money into Lloyds once a month. I definitely didn't do anything else apart from filling in the Santander form and ticking the "monthly" box.

I cannot tell the frequency from my Santander account, but I can see in my Lloyds account that it is monthly. Though this information only became available on the Lloyds account after the DD had been executed twice, before then it said the frequency was "Not Known".

shows on my halifax as not known too,, so will wait and see what happens maybe it just has not updated . time will tell thank you all anyway

KTF

innovate wrote: »

Let us know how you get on, KTF - - second/third etc esaver would be nice if it worked :cool:

I confirm that you can have 3 DD per e-saver as I now have 2x e-saver accounts each with 1x DD for each of my Halifax accounts.

So for my 6x Halifax accounts I now have:
1. DD1 = e-saver 1 DD2 = Tesco
2. DD1 = e-saver 1 DD2 = Tesco
3. DD1 = e-saver 1 DD2 = Tesco
4. DD1 = e-saver 2 DD2 = Tesco
5. DD1 = e-saver 2 DD2 = Tesco
6. DD1 = e-saver 2 DD2 = Tesco

Herbalus

Evening all. Does anyone know if you could set up a direct debit to pay into the Santander eSaver from the Santander 123 account? Or does a direct debit need to go between companies?

KTF

Why would you want to do that when you can do an instant internal transfer and/or a regular standing order?

freezspirit

I was trying to setup DD from Halifax reward account to 2 e-savers, one with Barclays and other with Lloyds. It can not be done, Barclays will appear as a SO and the form you get to print off from Lloyds will not let you setup a DD only a one off payment.

so I need to find 2 online saving account that I can start with £1 or £10 and is able to setup DD.

KTF

I am confused. See my post #127 for (maybe) the easiest solution to the new Halifax T&C.