Santander 123, Excludes Internal Transfers

op1shinobi

Hi everyone,

Can anyone tell me with Santander's 123 account, the 'excludes internal transfers' is this internal transfers from other Santander accounts or any other accounts I have?

Basically I'd like to keep my main account with another bank and transfer the £500 needed into this with a few direct debits.

Thanks,

mgdavid

it's Santander making the statement, so it's 'internal to Santander' not 'internal to you'.

badger09

op1shinobi wrote: »

Hi everyone,

Can anyone tell me with Santander's 123 account, the 'excludes internal transfers' is this internal transfers from other Santander accounts or any other accounts I have?

Basically I'd like to keep my main account with another bank and transfer the £500 needed into this with a few direct debits.

Thanks,

This is an extract (my bold)from the T&C which you can - and should ;)download here
http://www.santander.co.uk/uk/current-accounts/123-current-account

4. Monthly Funding requirements
You must pay at least £500 into your account every month. This is not a calendar month, it is the monthly anniversary from the date you opened/transferred your account. The £500 minimum monthly payment does not include refunded amounts from your Visa Debit card or amounts transferred into the account from another Santander account in your name (including any joint accounts). Transfers in from a Santander Business Account do count towards the minimum £500 payment.

op1shinobi

Awesome, thank you for your help. Should really look at those T&Cs rather than relying on Google.

Much appreciated.