When you opened it. You will be asked to do this in order to verify your identity. Delete specific Google services or your Google Account We encourage you to make an appointment to allow time for questions and processing. There is room for variation in bank policies regarding this limit, so know those of your bank. Then maximum you can send via faster payment is 100,000. Another reason reported by clients is that they want to open an online savings account as they are offered with better interest and higher yields. Editor, Marcus Herbert, http://www.britannia.co.uk/_site/pdfs/savings/product/comparison-chart.pdf. There are some types of accounts, like Child Trust Funds, where the 15 year dormancy period will only begin once any fixed term comes to an end. To continue to use the website and all functionality, click Accept cookies to proceed. See all Business; Loans and overdrafts Check out our flexible loans and cash flow options to seize your next business opportunity; Business credit cards Grow your business potential with one of our business credit cards; Business accounts Accounts and term deposits to help you manage your cash flow and earn interest; Merchant and payments From EFTPOS machines to online payments, we have . Here at MoneySuperMarket, we have a wide range of savings accounts so you can find the right deal for you. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. Please note that some Britannia accounts have restrictions on the way that interest is paid. Your bank may require an account closure request with both account holders signatures if youre closing a joint account. Withdrawing from a Traditional Savings Account, {"smallUrl":"https:\/\/www.wikihow.com\/images\/thumb\/e\/ea\/Withdraw-Money-from-a-Savings-Account-Step-1-Version-3.jpg\/v4-460px-Withdraw-Money-from-a-Savings-Account-Step-1-Version-3.jpg","bigUrl":"\/images\/thumb\/e\/ea\/Withdraw-Money-from-a-Savings-Account-Step-1-Version-3.jpg\/aid1426489-v4-728px-Withdraw-Money-from-a-Savings-Account-Step-1-Version-3.jpg","smallWidth":460,"smallHeight":345,"bigWidth":728,"bigHeight":546,"licensing":"