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Marcus Account-Max same day online Faster Payment?

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I need to do a transfer shortly anyone know the answer as I know some banks have limits?

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    According to the help pages on their website it's £100K.

    However, the T&Cs say this limit can be varied from time to time so you should call them and ask.
  • OldMusicGuy
    OldMusicGuy Posts: 1,768 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    It depends on your bank and you won't find out until you try it AFAIK. It can also vary.

    I spoke with my bank about this as I need to transfer a large amount of money to NS&I from our house sale. They said they charge £25 for any transfer over £100,000, which I found annoying.

    With Santander I have found that up to 30K usually goes through. I am setting up a Marcus account so will make several transfers to get up to the 85K amount I want to deposit.
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It depends on your bank and you won't find out until you try it AFAIK. It can also vary.

    I spoke with my bank about this as I need to transfer a large amount of money to NS&I from our house sale. They said they charge £25 for any transfer over £100,000, which I found annoying.

    With Santander I have found that up to 30K usually goes through. I am setting up a Marcus account so will make several transfers to get up to the 85K amount I want to deposit.
    The OP wants to make a withdrawal, not a deposit.
  • OldMusicGuy
    OldMusicGuy Posts: 1,768 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    The OP wants to make a withdrawal, not a deposit.
    Doh, sorry :(
  • £100,000 using online banking.

    If you want to withdraw more than that, you need to call in working hours.

    The information is on the website, visible when you click "make a withdrawal"

    Didn't you bother to look there first ?
  • £100,000 using online banking.

    If you want to withdraw more than that, you need to call in working hours.

    The information is on the website, visible when you click "make a withdrawal"

    Didn't you bother to look there first ?
    OP wanted to find out before he made the withdrawal. You don't expect to find terms and conditions behind the buttons for moving your money.
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    OP wanted to find out before he made the withdrawal. You don't expect to find terms and conditions behind the buttons for moving your money.
    You don't even have to log into your account to find out. Simply googling "Marcus withdrawal" gets you all the info on https://www.marcus.co.uk/uk/en/public-site/help
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