Sending £15k in one go?

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Sponge_Cake
Sponge_Cake Posts: 119 Forumite
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Is this possible from a Halifax current account?

We are due to pay the solicitor for our house purchase.
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  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
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    Why would it not be?
  • DCFC79
    DCFC79 Posts: 40,598 Forumite
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    Sponge_Cake wrote: »
    Is this possible from a Halifax current account?

    We are due to pay the solicitor for our house purchase.

    Well I had a transfer of a larger amount into my Lloyds account, went through all ok, cant see why it would be different for another bank. So the money is to the solicitor yes ?
    Why not ask Halifax tomorrow, they are best place to know or just transfer it now.
  • Sponge_Cake
    Sponge_Cake Posts: 119 Forumite
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    The money is going to the solicitor, yes. I was worried it may be too much in one transfer.
  • Sponge_Cake
    Sponge_Cake Posts: 119 Forumite
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    So we can transfer it online? When you say fraud checks, what sort would be done online?
  • Vortigern
    Vortigern Posts: 3,247 Forumite
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    Sponge_Cake wrote: »
    So we can transfer it online? When you say fraud checks, what sort would be done online?
    They'll block the transfer and ask you to ring them.

    You'll answer a few security questions. You'll explain where the money is going. They'll warn you about various scams, then stay on the line while you complete the transaction.
  • edydotmail
    edydotmail Posts: 6 Forumite
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    Bank of Scotland blocked a transfer out of my account to an account of mine I regularly made payments into. The phone call was long (about 20 mins) and involved questions from my credit profile. One of them - which I felt was really odd, was the name of one of my flat mates, as it appears on the electoral roll. Then I was given a long speech about fraud, asked several times if it was genuinely me making the payment and others as such. I felt it was weird, especially for a small amount, less than £2k. But they!!!8217;ve approved the payment on the spot.
  • agrinnall
    agrinnall Posts: 23,344 Forumite
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    !!! wrote: »
    Why would it not be?


    Because some banks still have a transfer limit that is below £15,000 (for example, Monzo is £10,000).


    All personal account customer limits are listed here:


    http://www.fasterpayments.org.uk/about-us/personal-transaction
  • NelliePie
    NelliePie Posts: 280 Forumite
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    I transferred £16000 back in June to my solicitor from my Halifax current account using the online payments method and it went through like any other payment.
    Little One born 19/12/18
    5/5/18 I became Mrs Pie
    FTB June '17 - £144k mortgage, £134k remaining
  • On-the-coast
    On-the-coast Posts: 419 Forumite
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    https://www.halifax.co.uk/bankaccounts/help-guidance/online-banking-help/fasterpayments/
    Then go to the payment limits tab.
    £25000 limit per day
    Of course you pay still have to talk to them if they think the sum is unusual. But that is for your protection.
  • Sponge_Cake
    Sponge_Cake Posts: 119 Forumite
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    Can I enquire as to what kind of security questions they tend to ask so I'm prepared.
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