Online ISA

Transferring & Making Payments

This is where you add money to your account, set up or delete destination accounts that you can transfer money to and make transfers to other accounts

• There is a £5,000 per day transaction limit for external transfers, unless
• The transfer account was nominated when the account was opened, OR
• The transfer account was nominated more than 30 days ago.

Manage transfer accounts

You can have up to 15 transfer accounts (i.e. accounts that you can transfer money in to):

• Up to 3 YBS accounts
• Up to 12 external accounts

Manage your transfer accounts using the following options.

Add	New! Allows you to add a new transfer account (up to the maximum allowed). Note: Your new account will appear in the account list but you cannot make any transfers to it until the following day
Remove	New! Allows you to delete transfer accounts you have previously set up. Note: The account will be removed from the account list but will not be deleted from our systems until the following day.

 

Regular Internal Transfer

Create	New! Set up a new regular account.
Amend	New! Change a regular transfer you have previously set up
Cancel	New! Stop or delete an existing regular transfer here.

 

Make a transfer

Use this option to make a one-off transfer to one of your transfer accounts, or to a new destination account. However, you cannot set up or amend any transfers that are due within 3 days.

 

Make a deposit

New! This option is for you to transfer money into your account using a debit card.

Note: The transfer takes 2 days to be processed through the banking system. Interest starts to be earned when we receive the money.