We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Nationwide to Santander and back:

With a Nationwide Flexdirect account and a Santander 123 account I'm intending to move, by standing order each month, the required income amount. Will this be acceptable to them ?

Comments

  • ColdIron
    ColdIron Posts: 10,330 Forumite
    Part of the Furniture 10,000 Posts Hung up my suit! Name Dropper
    It'll be fine, just remember Santander's month is not a calendar one and cycles around the date you opened the account so your SO date needs a bit of a buffer either side of both accounts
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Why use SOs at all?

    You'll only be making a maximum of 12 transfers over the initial 12 month FlexDirect deal won't you?

    And you'll be logging into both accounts regularly throughout the month to 'check things', so why not do manual transfers whilst you're there?

    Then you won't have to worry about statement months vs calendar months, weekends, Bank Holidays, system failures, etc, etc.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.