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Standing order from savings account
Spugx
Posts: 7 Forumite
Hi,
I have a tax free pension lump sum that I want to use up over 10 years - does anyone know is there are savings accounts that allow standing orders - or any other way of doing it ?
Thanks
I have a tax free pension lump sum that I want to use up over 10 years - does anyone know is there are savings accounts that allow standing orders - or any other way of doing it ?
Thanks
0
Comments
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Savings accounts don't generally do Standing Orders - that's what current accounts are for. Some savings accounts allow you to advance date transfers (Skipton is one)
Some current accounts pay interest, so people treat them as savings accounts. Lloyds and Bank of Scotland spring to mind, but ensure you read, understand and adhere to the conditions for the payment of interestI consider myself to be a male feminist. Is that allowed?0
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