YBS and withdrawal days

Growingold

Hi

Just mentioning in case anyone else thought the same as i had. When YBS mention withdrawal days I took it to mean it was just one withdrawal allowed on each withdrawal day for the particular account.

However when in the branch the other day I was informed that in fact if you can make 2 or more withdrawals on the same day and this just counts as one withdrawal day.

It does make sense as it doesn't specify number of withdrawals but number of withdrawal days.

Would be interested if anyone else had thought the same as me.

Thanks

nottsphil

It doesn't actually make sense to have unlimited withdrawals, yet confine them to one day per year. It's a bit like a barber offering you free extra haircuts, but only on the day of the one that you paid for.

As per what you were asking, I did wonder if more than one withdrawal would be allowed, because otherwise they would surely have said 'one withdrawal per year'.