Withdraw more money than balance then transfer money in afterwords

Retiredin2009

If I have a balance of £100 in my Natwest current account and withdraw £200 from an ATM at 9:00pm and transfer £100 into the account at 11:00pm will I incur  any fees or suffer any penalties?

kazwookie

Do you have an over draft on this account?

I would say yes you will get some charges / fees

born_again

Depends on what time their end of the day is.

What you may find is that if you do not have a O/D that it will not let you take that much cash.
Better to transfer in 1st.

colsten

Retiredin2009 said:

If I have a balance of £100 in my Natwest current account and withdraw £200 from an ATM at 9:00pm and transfer £100 into the account at 11:00pm will I incur  any fees or suffer any penalties?

The mind boggles. How do you get £100 between 9pm and 11pm, after you spent £200 in the same timeframe? Seems bad business 🤣😂

J_B

Retiredin2009 said:

If I have a balance of £100 in my Natwest current account and withdraw £200 from an ATM at 9:00pm and transfer £100 into the account at 11:00pm will I incur  any fees or suffer any penalties?

We have a 1K o/d on each of our three Nat West a/c's

Often (but not this year) I have withdrawn £200 from a cashpoint (when my balance was zero), then, when I got home, I would transfer £200 to take the balance back to zero.

We have never been charged.

RG2015

I also have a £1k o/d facility with NatWest and have gone into this with SOs and DDs. I have transferred money in from Marcus before 2:00 pm and never been charged by NatWest.

Retiredin2009

The mind boggles. How do you get £100 between 9pm and 11pm, after you spent £200 in the same timeframe? Seems bad business 🤣😂

More than one account and online banking

colsten

Retiredin2009 said:

The mind boggles. How do you get £100 between 9pm and 11pm, after you spent £200 in the same timeframe? Seems bad business 🤣😂

More than one account and online banking

Why not withdraw the money from the account it is in? Or transfer it before you want to withdraw it from another account?
Don't answer.....