Coventry BS Saver withdrawal to named bank account (Monzo)

CrickJon

Hello all, I have a 4 Access Monthly Saver with Coventry Building Society that has circa £15k in, which I intend to use to pay off my mortgage on 30 April. My named bank account is with Monzo (I have already arranged for my payment limit to be increased that day with Monzo). My question is would the transfer from Coventry to Monzo be instant? ie, could I transfer the full £15k over the day before, and it will be viewable in Monzo instantly.

NanookOfTheNorth

Transfers from Coventry BS are received in the linked account the next working day.  So once in Monzo then it should be available straight away to use.  I think from memoryI tend to receive the Coventry BS money around lunch time.

CrickJon

Thanks very much. I will withdraw it on 28 April to be sure it is in my Monzo account for 30 April then