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minimum monthly payments

vixen1500
vixen1500 Posts: 655 Forumite
Part of the Furniture 500 Posts Combo Breaker
edited 26 December 2014 at 10:53AM in Budgeting & bank accounts
Firstly hope you all had a great Christmas.

Just wondering if there is anywhere on here that says which accounts allow internal transfers to cover minimum monthly payments and which have to be external.
Typically confused and asking for advice

Comments

  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    You should check the T&Cs as it is them that determine what is needed/permitted.
  • vixen1500
    vixen1500 Posts: 655 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    I know Santander is external, think Lloyds, Halifax & bank of Scotland can be either, just wondering about the TSB both plus & enhance accounts thought I would set up Standing orders to cover monthly minimum payments
    Typically confused and asking for advice
  • leeroy2009
    leeroy2009 Posts: 591 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    the tsb classic plus 5% can be internal.
  • vixen1500
    vixen1500 Posts: 655 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    leeroy2009 wrote: »
    the tsb classic plus 5% can be internal.

    thanks


    want to try and get things more organised for 2015
    Typically confused and asking for advice
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    vixen1500 wrote: »
    I know Santander is external
    No you don't. ;)

    It may be funded from a personal account not in your name, ie a partner's sole Santander account. It can also be funded from a Santander business account.
  • vixen1500
    vixen1500 Posts: 655 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    YorkshireBoy wrote: »
    No you don't. ;)

    It may be funded from a personal account not in your name, ie a partner's sole Santander account. It can also be funded from a Santander business account.



    What I meant is that I can not just transfer from one of my Santander accounts to another.
    Typically confused and asking for advice
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