Account funding requirements question

dynac

Have been googling around for a couple of hours and not managed to come up with a decent answer, figured I'd just ask some people who know!

With current accounts that have a monthly funding requirement, rather than standing orders to transfer in and back out a couple of days later, can I manually transfer in and out on the same day, and still have met the requirement?

So rather than having to wait 2 days and make sure that my standing orders don't overlap with bank holidays, sundays, etc, in a way that would cause me to transfer money that wasn't in an account, could I just do it all manually one day a month with online banking, such as when I get paid?

Thanks

dynac

response to deleted message removed.

badger09

dynac wrote: »

Have been googling around for a couple of hours and not managed to come up with a decent answer, figured I'd just ask some people who know!

With current accounts that have a monthly funding requirement, rather than standing orders to transfer in and back out a couple of days later, can I manually transfer in and out on the same day, and still have met the requirement?

So rather than having to wait 2 days and make sure that my standing orders don't overlap with bank holidays, sundays, etc, in a way that would cause me to transfer money that wasn't in an account, could I just do it all manually one day a month with online banking, such as when I get paid?

Thanks

Yes you can manually transfer in and out on the same day. In fact you can transfer in and out immediately, or even out and then back in again (assuming there is enough in the account)

dynac

badger09 wrote: »

Yes you can manually transfer in and out on the same day. In fact you can transfer in and out immediately, or even out and then back in again (assuming there is enough in the account)

Super helpful, thank you very much!