Transfer £18000

Helen28

Will it throw up any flags if I suddenly transfer £18,000 from my Santander 123 account to my BoS Vantage account then to my Marcus saving account?

BoGoF

Possibly.....why the additional step?

Zero_Sum

If worried just do it in smaller chunks.

xylophone

Possibly.....why the additional step?

Perhaps a nominated account?

Helen28

Perhaps a nominated account?

That's why, I can only transfer money from the BoS account.

Malkytheheed

I don't imagine it would.

A_Lert

Zero_Sum wrote: »

If worried just do it in smaller chunks.

I advise absolutely not doing this! It's more likely to set off bank's anti-money-laundering computer algorithms.

JGB1955

I've transferred £20K from Santander to Barclays this afternoon - no problem (other than the 15 minute delay in getting the authorisation code from Santander... but that's a different issue)!

born_again

Only one way to find out.... Just do it.

Even if you worked for either of the banks involved. You could never say with 100% certainty that it will or won't.

colsten

I recommend you either split it into two lots of less than £10k, say £9k each and transfer them to BOS on two consecutive days using internet banking. Or call Santander and ask them to transfer the £18k in one lot. Then do two transactions from BOS, or again, call them.

JGB1955

You have a full audit trail, so don't see why it should be a problem. If you're still worried about it - speak to a human in Santander, then in BOS (asking for their name in each case).(Good luck with BOS... I've found them a total nightmare!