Withdrawing online from a Coventry Building Society Access Saver account

explorerm

Hello, 

If I make a withdrawal this evening or tomorrow (Sunday) from my Coventry Building Society 4 Access Saver, when will the funds be available in my nominated bank account(Halifax) please? 

Thank you

DRS1

It won't leave the account until Monday.

explorerm

DRS1 said:

It won't leave the account until Monday.

Thank you @DRS1 just looking to pay into the new tax year's ISA. I think I may as well wait until Monday, as then it should arrive the same day (as long as I make the withdrawal early enough on Monday)

Peter999_2

It says here - Withdrawing from an account | Savings help
that it will come out on the next working day (Monday).

It should then appear on Monday into the halifax.   This will happen in 99% of cases, but it should be noted that they have until the next working day (Tuesday) to credit it.  However, I've never had it take that long.

[Deleted User]

explorerm said:

Hello, 

If I make a withdrawal this evening or tomorrow (Sunday) from my Coventry Building Society 4 Access Saver, when will the funds be available in my nominated bank account(Halifax) please? 

Thank you

Leaves the account next working day and when its available is down to the receiving bank.

DRS1

explorerm said:

DRS1 said:

It won't leave the account until Monday.

Thank you @DRS1 just looking to pay into the new tax year's ISA. I think I may as well wait until Monday, as then it should arrive the same day (as long as I make the withdrawal early enough on Monday)

Not sure what the cut off time is.  I gave my instruction on Friday afternoon and it said transfer will be made on Monday.  Personally I would not wait until Monday if you want it in the Halifax on Monday but if it does not move until Tuesday you are getting a good rate of interest in the meantime.

Malchester

I complained to Coventry Building Society about why they didn't do same day withdrawals, especially as they are such a large organisation. Despite their website saying next day withdrawals, they told md they do same day withdrawals. Would take that with a pinch of salt.

explorerm

Thank you everyone, I think I will do the transfer tomorrow, then hopefully it will go through and be available at Halifax on Monday, so I can then use the funds to pay into a new ISA.

ChirpyChicken

It will be available on the Monday 
I have done same day faster payments on the phone with them. It is possible but you to push it. Staff have to key it on the phone and a reason 

clivep

I find withdrawals turn up in the destination a while after midday (working days only of course).

However, if the request is made early enough on a working day then I have found it is same day (and shows this on screen as when the funds will get received). I don't know the cutoff time for this but I did it in the last week before 10am.

35har1old

explorerm said:

Hello, 

If I make a withdrawal this evening or tomorrow (Sunday) from my Coventry Building Society 4 Access Saver, when will the funds be available in my nominated bank account(Halifax) please? 

Thank you

Should tell you when you apply for the transfer but mostly likely be Monday.
Recent transfer applied for 13.55 Wednesday arrived next day as per confirmation of payment