How do I withdraw money from my Personal Savings account?

You can give your instructions for a withdrawal or transfer by logging into your account and selecting ‘Move Money’ from the Account Options menu. We will usually make withdrawals from your account to your nominated account by Faster Payments. Alternatively, we can move money to your account by CHAPS (although a charge applies – please see our Tariff of Charges).

What's my withdrawal allowance?

Your withdrawal allowance will depend on your account type:

Easy Access Accounts	Unlimited
Notice Accounts	Unlimited, by giving the appropriate days’ notice. Early withdrawals are not permitted
Fixed Rate Accounts	None permitted until maturity
Notice Cash ISAs	Unlimited by giving the appropriate days’ notice, or on demand, subject to a deduction of interest equivalent to your notice period (e.g. 30 days)
Fixed Rate Cash ISAs	Unlimited, subject to a deduction of interest (90 days for 1 year, 180 days for 2 & 3 years)
Easy Access Help to Buy: ISA	Unlimited. However, under the scheme rules, if you wish to make a partial withdrawal you will not be able to claim a bonus on these funds

When will my money show in my nominated account?

We’ll make withdrawals from your account to your nominated account by Faster Payments. Your money will be in your nominated account by the end of the same business day, provided your instructions are submitted before 2pm on that business day.

Withdrawal transfer method	In your nominated account
Electronic payment	Instruction submitted before 2pm - same business day
Electronic payment	Instruction submitted after 2pm - next business day (for example, if a withdrawal request is submitted after 2pm on a Friday, the money will be in your nominated account by close of business on Monday)

Useful links for Personal Savings customers

Personal Savings Accounts

How do I pay money in to my Personal Savings Account?
- Personal Savings
- FAQs
How does flexibility affect my annual ISA limit?
- Personal Savings
- FAQs

Published:21/08/18