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Where to save proceeds of house sale pending another purchase?
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fourmarks said:Also, when you start farming out large sums of money, the computers will probably throw a fit and lock you down. For what it's worth I would give the banks fraud section a heads up about what you are going to be doing.
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I will be in a similar position soon. These tips have been very useful !0
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Has anyone had any experience about the mechanics of doing this - for example paying out multiple lots of 85k from your current account to new savings accounts (even if daily limits allowed this) - would it trigger fraud filters and get your account locked down?
I know recently I paid £10k from my Santander account to a new savings account - it was held and I had to jump through hoops to get it released.0 -
Olinda99 said:Has anyone had any experience about the mechanics of doing this - for example paying out multiple lots of 85k from your current account to new savings accounts (even if daily limits allowed this) - would it trigger fraud filters and get your account locked down?
I know recently I paid £10k from my Santander account to a new savings account - it was held and I had to jump through hoops to get it released.1
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