You can make withdrawals to your nominated account or transfers to any other Personal Savings accounts you hold with us that allow deposits, but subject to giving us notice. There are no limitations on the number of withdrawals. There is a minimum withdrawal amount of £1. You must give notice and wait during the notice period, as per the type of account opened, before the funds are sent back into your nominated bank account.
The quickest and easiest way to withdraw funds is through your online account. The money will be sent back to your nominated bank account after the withdrawal notice period as per the type of account opened. If the payment date falls on a non-business day such as Saturday, Sunday or a Bank holiday, the money will be sent back to your nominated bank account within 2 business days.
You can transfer in funds to your OakNorth account via your Nominated account at any time. There is no limitation on the number of deposits made into your account. The account can continue to receive deposits up to the maximum principal account balance.