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Safest way to transfer large sum to pay off mortgage

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Comments

  • ACG
    ACG Posts: 24,978 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    DO a payment online for a quid.
    Once they confirm receipt, transfer the rest. If you use the existing payment details, there is no reason for it to go missing.

    OR, do a few transfers over a few days.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • TravellingLight
    TravellingLight Posts: 12 Forumite
    AnotherJoe wrote: »
    Small amount first saving details, and then reuse once transfer is confirmed, Is what I always with do with large transfers.

    Thanks AnotherJoe. I think that's the safest way to proceed.
  • TravellingLight
    TravellingLight Posts: 12 Forumite
    ACG wrote: »
    DO a payment online for a quid.
    Once they confirm receipt, transfer the rest. If you use the existing payment details, there is no reason for it to go missing.

    OR, do a few transfers over a few days.
    Thanks ACG, good to have a mortgage adviser's opinion here.
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