Hi all. Is the max daily deposit for the interest account £100?
I don’t think so. You can do the full £5k in one hit I thought. I believe there is some anti money laundering thing about number of deposits in a day…? Someone more intelligent will know that
You can place the full £5000 in at once or add various amounts as and when your finances allow. If you can put the full amount in the better for you of course. There was a daily cap on the chip accounts by that has now gone just the max amount of £10000 remains. Hope that helps.
Oh right, that’s good, thanks. I think I was thinking of the limit that used to be on the initial “account”. Max. 3 deposits in a day for AML I believe.