Does anyone know is it possible to transfer money outside of PTSB (online) without having current account?
I have opened PTSB 'Demand Deposit Account' for this purpose, but it looks like it can not be used to transfer money using Open24.
Last month I have closed 21 Days Regular Savings Account and I had to go to the branch. They told I can not do it online using Demand Deposit Account and they have transferred the money with my signature (and charged me for it). This time I want to close 3 months Fixed Term Savings Account but to avoid going to the bank personally.
TSB are the single worst bank to deal with, particularly if you are try to take out your own money. I spent 3.5hrs one day trying to close an account. Obviously TSB's policy is to slow withdrawls at all costs. My new policy is not to bank with them anymore. I have most recently sent a letter into the branch requesting closure of my account with a copy of ID attached. I am expecting to get a call from them to say that this is a problem also.
Why is it that every other bank allow closure of accounts via post except TSB?
Why it is not a good to close accounts by phone or post? I have closed by phone/post. I have sent a letter and phoned them as well to make sure they have received it. I have asked to transfer the money to Demand Deposit and outside from there. Transaction has been made instantly, I saw the money on the other account the same day (yesterday). There is a charge of 50c for the transaction, any other bank I have used is free.
Why it is not a good to close accounts by phone or post? I have closed by phone/post. I have sent a letter and phoned them as well to make sure they have received it. I have asked to transfer the money to Demand Deposit and outside from there. Transaction has been made instantly, I saw the money on the other account the same day (yesterday). There is a charge of 50c for the transaction, any other bank I have used is free.
Because it is far safer to have all transactions and modifications done by using pin and passwords. I don't want someone to be bale to make hanges on my accou ts simply by getting their hands on a copy of my ID.