Banking troubles Watch

Nicole2344
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Report Thread starter 3 weeks ago
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Hi, ive recently applied for a student account (with the same bank I am currently with). However, I'm already into my overdraft with my current account, will they be able to switch me over if i'm in my overdraft? Thanks for your help
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paul514
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(Original post by Nicole2344)
Hi, ive recently applied for a student account (with the same bank I am currently with). However, I'm already into my overdraft with my current account, will they be able to switch me over if i'm in my overdraft? Thanks for your help
Yes it would be fine as long as you pass their credit check
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Jack22031994
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(Original post by Nicole2344)
Hi, ive recently applied for a student account (with the same bank I am currently with). However, I'm already into my overdraft with my current account, will they be able to switch me over if i'm in my overdraft? Thanks for your help
Id imagine it would be fine as it is internal debt with them.

For example, I work for a bank and we are able (subject to credit checks) to say loan a customer £2k (for example) if they are £2k into an OD and want to clear it, as this could be cheaper - depending on the interest rate on the loan vs OD.

Sorry, I went on a tangent then, but as I said as it is internal debt with them, it shouldnt be a problem.
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