This section tells you about the charges that apply to all of our savings accounts.
If you use your savings card to make a cash withdrawal (at a cash machine) in a currency other than sterling, it is converted to sterling on the day it is processed. Visa convert the currency using the Visa Payment Scheme exchange rate on the day. We will charge you a non-sterling transaction fee of 2.99% of the value of the transaction and a non-sterling cash fee of £1.50. Where you allow the cash machine operator/financial service provider to make the conversion to sterling, we will only charge a foreign cash fee of £1.50. The provider of the foreign currency may make a separate charge for conversion.
We don’t charge you for taking money out of an Everyday Saver, Reward Saver, Young Saver, Liquid Gold, Guaranteed Saver, Web Saver variable with card or Instant Saver account at a Halifax LINK cash machine. Please note that if you make a withdrawal using a non-Halifax cash machine, the bank or building society who own the cash machine may charge you. The amount of any charge will be taken out of your account.
If you ask us to transfer money electronically from your account to another UK account using the CHAPS system we’ll charge you a fee of £25.
If you request a copy of a statement that has previously been issued to you, you may be charged a fee of £5 for each request. You won’t be charged this fee if you have a passbook or use online banking and are registered for paper-free statements or if you haven’t previously been sent the statement.
You may ask us to use a number of special services relating to foreign currency, travellers cheques and the telegraphic transfer of money abroad. Ask at any of our branches for detail.
|Amount paid into your account Amount of fee|
|International payments into your account for £100 or less (after we’ve converted
the money into sterling)
|International payments into your account over £100 (after we’ve converted the
money into sterling)
The amount you pay will be calculated after we’ve converted the money into sterling.
We’ll do this on the day we pay it into your account.
The Halifax International Payment fee is £9.50* regardless of the amount you send or the way you make the payment. If you share the international payment charges with the recipient, you will only pay the Halifax fee and the recipient will pay their bank’s charges and any agent bank charges that apply.
If you choose to pay both our charge and all agent bank charges, you will pay our charge and the Correspondent Bank Fee that replaces all agent bank charges. The recipient bank may still charge its customer a fee but we cannot provide information about such a fee. The amount of the Correspondent Bank Fee depends on the location of the recipient bank:
|Zone||Correspondent Bank Fee|
|Zone 1 (USA, Canada and Europe (non-EEA))||£12|
|Zone 2 (rest of the world)||£20|
You will share international payment charges with the recipient when the payment is made:
Sharing the charges means you will pay our charge and the recipient will pay their bank’s charges and any agent bank charges that apply.
If you make any other international payment, you can choose either:
a) to share charges; or
b) to pay both our charge and all agent bank charges.
If you choose option b), you will pay our charge and the Correspondent Bank Fee that replaces all agent bank charges. The recipient bank may charge its customer a fee but we cannot provide information about such a fee. This payment type can only be made through one of our branches or telephone banking.
* This fee will not apply to payments in sterling sent to a bank account within the EU from our Basic Account or received from a bank account within the EU to our Basic Account.
You shouldn’t allow your savings account to become overdrawn. If this does happen we won’t currently charge you any interest, but you should repay your overdrawn balance immediately.
You cannot withdraw any amount less than £500 from your savings account by banker’s draft.
You can usually withdraw up to the normal daily cash limit of £2,500 a day per account from any of our branches, or up to £250,000 by counter cheque, subject to account conditions. If you want to withdraw more than these amounts in cash or by cheque, just let your branch know in advance.