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 Sorry..a thousand Q's! Re: bank account

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T O P I C    R E V I E W
valetta30 Posted - 20 February 2010 : 11:39:20
I've got a thousand and one questions flying through my head as my BR day approaches.


Now...I get paid on the 28th Feb, BR date 8th March. I need £800 to last me to end of March, so I was going to bank transfer that amount from my soon-to-be-old account into my Co-op one on the 1st March.

So £800 will be there in co=op account on day of BR.

Any probs with this???


7   L A T E S T    R E P L I E S    (Newest First)
chester2005 Posted - 21 February 2010 : 13:47:21
personally i would withdraw all money from any accounts on the day of BR (even COOP ones) just in case any get frozen and leave you high and dry.
a lot of ORs will ask you on the day which account you want to use and whether it is a basic one and likely to be kept open by the bank, just so that he can say he does not have an interest in that one and they do not have to freeze it,
that said mistakes do happen so i would empty the accounts to be sure


Dave

Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurhman)
RevivaUK and Paul Johns helped me through it all i can't recommend them enough!!
Jane.l Posted - 21 February 2010 : 11:59:24
This is why we booked our bankruptcy dates for just after hubby got paid, we drew all his wage out of the bank and the £1000 overdraft (to pay the 2 lots of fees) and we had his wage to live on until we opened another bank account. The OR never said anything about this.
mick1972a Posted - 20 February 2010 : 18:46:19
quote:
Originally posted by gettingby

When we went bankcrupt the OR told us that we could not have more than £250 at the time we went bankcrupt in the bank. Any more than that you have to have the OR release the money for essentials



Your allowed as much money as you need to cover your living costs for the month. We drew all of our money out of our current account the day before our BR and put it all in the COOP account. No problem at all with our OR. How can you be expected to live for the month with only £250.

Mick
charlie44 Posted - 20 February 2010 : 13:59:23
My pension went in on the day of BR, the OR never had a problem with it.

Life`s Tragedy is that we get old too soon
and WISE too late!
gettingby Posted - 20 February 2010 : 12:30:08
When we went bankcrupt the OR told us that we could not have more than £250 at the time we went bankcrupt in the bank. Any more than that you have to have the OR release the money for essentials
valetta30 Posted - 20 February 2010 : 12:04:29
Thank you...again!!!
debtinfo Posted - 20 February 2010 : 11:58:47
not that i can see

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