UB pathway?

JamesGG

Registered User
Messages
106
Opened one of these the other day, saw it said it needed a 15,000 initial deposit. I transferred money from an e saver to it but have since withdrawn it. I only opened the pathway as I needed to take the money out.

Anyway the letter for the pathway AC arrived the other day and on it, it says that the 15,000 is to be from a non UB account. If the initial deposit doesn't clear (assume this means by cheque) the account will breach.

Rang customer services and the couldn't tell me what the story is so where do I stand? Thanks.
 
UB, like BOI, like EBS for some accounts insist that the money into their savings accounts is new money to the bank. One of their many T&C's.

Have you considered the below?

Nationwide UK (Ireland): Easy Access Savings Account (Discuss)
3.15% on €2,000 minimum to €2,000,000 maximum.
Note 1: Instant access.
Note 2: NB: Interest is reduced if more than 6 withdrawals are made a year (Apr-Mar).
Deposit Protection: UK Financial Services Compensation Scheme
 
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