Taking money out of your account by Electronic Funds Transfer (EFT)
You can request an electronic transfer to any pre-designated ROI bank or building society account. If your instruction is received before 1:00pm, on a working day, the transfer will be made that day and funds will be received in the destination account the next working day. Instructions received after this time will be carried out on the next working day.
In order for us to process your electronic transfer as quickly as possible please always include the amount to be transferred and the following details of the destination account:
- Bank/building society name
- Bank/building society address
- Sort code
- Account name
- Account number
There is no charge for making withdrawals by electronic transfer.
If you wish to make a transfer to another Nationwide UK (Ireland) account, please make sure you clearly state which account the transfer should be made to.
Please note, for Telebanking and Internet Banking transactions, payee details must be designated in advance.
For Euro Easy Access Savings Accounts, you can make up to six free withdrawals during the period 1 April to 31 March. Subsequent withdrawals will result in a 30 day interest charge on the amount withdrawn. If the amount of interest accrued is less than the charge, the difference will be deducted from the balance of the account on closure.
For Euro Fixed Rate Savings Accounts, partial withdrawals are not allowed. Early closure is subject to a 90 day interest charge. If the amount of interest accrued is less than this amount, the difference will be deducted from the balance on the account at closure.
Full details of our charges can be found in the brochure titled Interest Rates and Charges.