Personal Finance

personal finance

if my current account has gone overdrawn can my bank put a freeze on my savings account

mrsrk Sun 24/08/08 22:16

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Postdog
Sun 24/08/08
22:30

No, but if you haven't got an agreed overdraft they will charge you interest and a penalty charge probably.

CheekyChops
Sun 24/08/08
23:17

And they could take the money from your savings account to pay your overdraft.

factor30
Mon 25/08/08
10:21

yes if the overdraft is unauthorised and it's in your terms and conditions (and it probably is). The way round it is for you to ask the bank to transfer money from your savings account to your overdrawn account

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