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 payment limits?

2»

Comments

  • FreddieFrugal
    FreddieFrugal Posts: 1,752 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 29 March 2014 at 9:06AM
    Further to my previous question. Does anyone know whether payment daily limits are shared between banks within the same banking group i.e. Halifax and Lloyds?

    If not, then I could make the payment by faster payments for free by paying £25K from halifax, £25K from Lloyds and the remaining <£10K from Nationwide. So all done in single payments.

    Already know there's no issue with this at receiving end so long as the payments all carry correct reference.
    Mortgage remaining: £42,260 of £77,000 (2.59% til 03/18 - 2.09% til 03/23)

    Savings target June 18 - £22,281.99 / £25,000
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    The MSE Linked Banks checker says that Lloyds and Halifax are not linked so it should be possible to use the daily limit of both banks - but I'd ring up to make sure first.
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
  • 353.5K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 603K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.6K 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.