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    Bank Transfers Help

    I need help with Bank Transfers

    Is there a Fee to use bank transfer?

    Im with Natwest and on their website it says 20pounds Fee Is this true?

    What Details do i need to give to recieve a Bank Transfer and Do i pay fees for Receiving?

    8 Comments

    bank transfers (BACS) between UK banks are free to send and receive.

    Unless you use CHAPS.. that guarantees the money to be transferred within a few hours so they charge a fee

    andrewr;6209615

    bank transfers (BACS) between UK banks are free to send and … bank transfers (BACS) between UK banks are free to send and receive.Unless you use CHAPS.. that guarantees the money to be transferred within a few hours so they charge a fee



    as above, most transfers dont take too long anyway in my experience so probably no need to pay :thumbsup:

    Original Poster

    Ok Thanks But Do I have to goto a Branch To Send a Bank Transfer If i do What Details do i need to take?

    Hash112;6209652

    Ok Thanks But Do I have to goto a Branch To Send a Bank Transfer If i do … Ok Thanks But Do I have to goto a Branch To Send a Bank Transfer If i do What Details do i need to take?



    You can do it online or at a branch.

    Sort code and account number for the account you're sending to should be enough

    Hash112;6209652

    Ok Thanks But Do I have to goto a Branch To Send a Bank Transfer If i do … Ok Thanks But Do I have to goto a Branch To Send a Bank Transfer If i do What Details do i need to take?



    You can do it online if you have set up Internet Banking

    Hash112;6209652

    Ok Thanks But Do I have to goto a Branch To Send a Bank Transfer If i do … Ok Thanks But Do I have to goto a Branch To Send a Bank Transfer If i do What Details do i need to take?



    have you got internet banking? if so you just need the other acc no, sort code and name :thumbsup: If not I assume it will be the same but maybe someone else can clarify, i do it regularly on t internet :-D

    Original Poster

    Nope I havnt Got internet Banking So I proberly will End Up Using a Branch

    you have to check your account TnCs, am afraid
    my HSBC: free up to £10,000, For over £10,000 they charge £20 (between HSBC accounts) and £30 (to other banks)
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