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    Are you allowed to write cheques to yourself if you want to transfer money from one account to another? I need to transfer a stealthy sum into another account and I don't want to have to carry a huge wad of cash through the city!
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    (Original post by ha_du_ha)
    Are you allowed to write cheques to yourself if you want to transfer money from one account to another? I need to transfer a stealthy sum into another account and I don't want to have to carry a huge wad of cash through the city!
    Yes.
    [EDIT] Bear in mind it'll take 5 working days to clear though... just carry the cash, unless you live in a VERY dodgy area.
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    Brilliant! I don't mind 5 working days, as long as it clears within a month that's fine
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    You could just do a straight transfer. It'd probably clear quicker and, well, it's what normal folk do.
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    (Original post by wesetters)
    Everyone I know writes a cheque to themselves...there's a charge for transfers...
    I'm with the Halifax-Bank of Scotland and I've never once been charged for a transfer. Notably I do them regularly to pay my rent, transfer cash between me and my parents and so on...
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    Hey! if i wrote a 1 million pound cheque to myself where would i be?:p:
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    (Original post by planes12)
    Hey! if i wrote a 1 million pound cheque to myself where would i be?:p:
    Probably on Cloud 9
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    LOL:p:
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    (Original post by wesetters)
    Everyone I know writes a cheque to themselves...there's a charge for transfers...
    What a load of poo. I've been transferring money between banks for 4 years (halifax, Natwest and another) and I've NEVER ever been charged for a transfer.
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    (Original post by Talya)
    What a load of poo. I've been transferring money between banks for 4 years (halifax, Natwest and another) and I've NEVER ever been charged for a transfer.
    Banking doesn't work the same way in other countries dear. He's correct.
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    online banking. innit.
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    (Original post by samba)
    Banking doesn't work the same way in other countries dear. He's correct.
    Im with Natwest, my bf is with HSBC and Im always transferring money to his account via online banking. Ive never been charged for it.
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    (Original post by adverse_reaction)
    Im with Natwest, my bf is with HSBC and Im always transferring money to his account via online banking. Ive never been charged for it.
    Did you know that you can also transfer money by phone. All you need to do is open a phonesaver account with your bank if they do this. You can also get better interest rates if you bank by phone or online.
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    (Original post by samba)
    Banking doesn't work the same way in other countries dear. He's correct.
    Well where is the OP from? This is a UK forum so I gave a UK answer.
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    (Original post by wesetters)
    Some UK banks do charge...it goes without saying that banks here charge...they even charge me to connect to the internet banking site :eek:
    The general "high street" banks don't charge here for functions like that. Although there's rumblings that they want to
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    PS Reviewer
    BACS transfers usually don't have charges (in the UK). CHAPS and some other ways of transferring money do.
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    (Original post by Juno)
    BACS transfers usually don't have charges (in the UK). CHAPS and some other ways of transferring money do.
    Echo. BACS does take 3 days to clear, whereas CHAPS is same day, though.

    I work in financial services, I do a hell of a lot of BACS/CHAPS/SWIFT transferrals.
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    Nationwide let you transfer money between accounts instantly and for free online. Any amount.
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    I can transfer money between my Natwest accoutns online and it shows up same day.

    I can pay (for free) money to other bank accounts and also to pay bills.

    You could possibly phone your bank and tell them to do it that way - or go into the branch, withdraw the money and pay it into the other bank branch - in that case you would only be walking around town

    Don't always expect them to count the cash in private tho - they once counted 2k out on a normal counter in front of everyone!
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    (Original post by Zoecb)
    Nationwide let you transfer money between accounts instantly and for free online. Any amount.
    Yes, so do Halifax, Natwest, HSBC...
 
 
 
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