£8000 cash from Santander

r2015

What is Santander's policy in withdrawing £8000 cash from a branch?


Should I just turn up and ask for it, or should I call the branch first?


I used to bank with RBS and they wouldn't give me £1100, I had to go home for my passport.

Paul_1977

I think you have to give notice, when i was with them, anything above £1500 they needed to be told before you arrive perhaps a few days.

butterflymum

Apparently Santander say:

Santander says that it may ask for additional ID or proof of the reason for large withdrawals and in some cases, the branch may not physically have enough cash available, so the bank asks for a couple of days notice when requests are made for large amounts, such as £5,000 in cash.

see

http://www.independent.co.uk/money/spend-save/dont-bank-on-easy-access-toyour-own-money-9116943.html

Kernow666

according to there website anything over £1000 over the counter withdrawl you need to call in advance

doing your work for you

butterflymum

Kernow666 wrote: »

according to there website anything over £1000 over the counter withdrawl you need to call in advance

I also noticed the following on their website:

The most you can withdraw in cash each day at the counter is £500, but you may be able to withdraw more than this if you make arrangements with your branch and can show us acceptable ID. You can also withdraw up to £300 a day from a cash machine if you have a card. With the Basic Account, the minimum amount you can withdraw at a counter is £300 a day

as per entry part way down this page:

http://www.santander.co.uk/uk/search?p_p_id=W000_hidden_WAR_W000_hiddenportlet&p_p_lifecycle=1&p_p_state=normal&p_p_mode=view&p_p_col_id=column-1&p_p_col_pos=3&p_p_col_count=6&_W000_hidden_WAR_W000_hiddenportlet_javax.portlet.action=EventLauncherSearchAction&_W000_hidden_WAR_W000_hiddenportlet_base.portlet.view=W001HeaderInitialView

colsten

I need to give my nearest branch a clear 24 hours notice if I want more than £2K. They are a small branch and simply don't have huge amounts of money in their tills and safes.

There is a larger branch 10 minutes drive away. They can usually pay out £4K but I once got there just before end of the day and all they had left was £2K. At least so they said.

It's in your own interest to order larger amounts. Be prepared to be asked why you need that much in cash, and don't try "smart" answers like "it's my money, I can do with it what I want"

ceredigion

butterflymum wrote: »

I also noticed the following on their website:



as per entry part way down this page:

http://www.santander.co.uk/uk/search?p_p_id=W000_hidden_WAR_W000_hiddenportlet&p_p_lifecycle=1&p_p_state=normal&p_p_mode=view&p_p_col_id=column-1&p_p_col_pos=3&p_p_col_count=6&_W000_hidden_WAR_W000_hiddenportlet_javax.portlet.action=EventLauncherSearchAction&_W000_hidden_WAR_W000_hiddenportlet_base.portlet.view=W001HeaderInitialView

I'm sure you cut this from Santander's web site.
But surly the last sentence is incorrect

The most you can withdraw in cash each day at the counter is £500, but you may be able to withdraw more than this if you make arrangements with your branch and can show us acceptable ID. You can also withdraw up to £300 a day from a cash machine if you have a card. With the Basic Account, the minimum amount you can withdraw at a counter is £300 a day

jonesMUFCforever

Why bother with cash - by the time you read this post you could have made a faster payment?

colsten

jonesMUFCforever wrote: »

Why bother with cash - by the time you read this post you could have made a faster payment?

Probably also forces your bill up by the 20% VAT.

r2015

Why bother with cash - by the time you read this post you could have made a faster payment?

Because my dealer only deals in cash.

Probably also forces your bill up by the 20% VAT.

He isn't VAT registered.

labp04

Why not just check with them, maybe 2 birds with one stone and all that?