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Putting Money Into Shawbrook and FSCS Limits
jaceyboy
Posts: 245 Forumite
Does anyone know the best time of day to put money across into Shawbrook? seems to take them age to receipt funds into the account, also I have £40k in an ISA with them, my wife has £20k, and we have £78k in our joint savings account, am I at risk of losing funds if they go under?
Thank you
Thank you
0
Comments
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The £78k is split 50/50 for FSCS purposes so £39k each.
That means you have £79k in total (£39 + £40). Your wife has £59k. So no problem with FSCS limits at the moment.1 -
Great thank you0
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I generally transfer money to Shawbrook around 10am
i then get a text about 1:30pm from Shawbrook conforming they have received my money
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Thanks, i just read their terms and conditions and seems you need to send funds before 15:30 otherwise you dont see funds credited until next working day and also dont start earning interest!ranciduk said:I generally transfer money to Shawbrook around 10am
i then get a text about 1:30pm from Shawbrook conforming they have received my money0 -
It’s not the best if you want ultra speedy transfers in and out
not an issue for me personally0
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