Bank transfer for house desposit - Paper Trail

homi

Any ideas the best course of action, I have quite a large amount for a house deposit but due to the current mortgage crisis put my buying on hold while I sort out my finances .

I originally had the deposit in my Natwest soletrader business account which I sent to Chase around 2 months ago but now looking to transfer it to Santander Esaver ( 2.75%).

The concern is the paper trail when I do look to buy a house , would I be better transferring it back to Natwest ( the source ) then to Santander or just from Chase to Santander?

If I was able to transfer the full amount it would not be an issue but its only being able to send in 20k batches.

lohr500

I guess it depends how much you have in the Chase a/c, but if the chase limit is £20k per day, I would just push £20k per day to Santander, until you empty the Chase pot.
Have you checked with Case to see if higher values can be transferred in a day if you call them? This was the case with my Marcus a/c which also had a £20k daily cap. 

Yorkie006

Surely, as long as you have bank statements to prove the transfer of funds between your own accounts, it should be all you need. I'm assuming all the accounts are in your name. Nobody expects you to have the same account forever, lots of people move funds around as needed.

wmb194

They'll be more interested in the original source, not that you've bounced it around a few savings accounts.