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Bank Account Limits

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Comments

  • DCFC79
    DCFC79 Posts: 40,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Shakin_Steve wrote: »
    Its £85,000 or £170,000 for a joint account. A temporary limit of £1,000,000 for up to six months after a house sale, etc.

    I knew of the 85k li it, was trying to help the OP but as I was just going out I couldn't do anymore.
  • masonic
    masonic Posts: 27,823 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Personally I would feel more comfortable keeping a large sum of money in a savings account where it could not be transferred directly to a bank account owned by a fraudster. Using a Marcus account for example, it would be necessary for someone to compromise two online banking systems (or convince you to do it for them) in order to spirit the money away.
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    Kat1e wrote: »
    ...and I do agree to spread it around different banks.


    Well you're not agreeing with me because I've specifically said, in the post that you quote, that you don't need to do it.
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