Taking money out by cheque

In order for us to process your cheque withdrawal request as quickly as possible please provide the following information:

  • Payee name
  • The amount
  • The account from which the cheque is to be drawn (if you have more than one account)
  • The address where the cheque is to be sent

If your instruction is received by 3pm on a working day, your cheque will be issued the same day. Instructions received after this time will be carried out the next working day.

There is no charge for making withdrawals by cheque.

You may have your cheque sent to your correspondence address or an address that you have nominated in writing.

Please note, for Telebanking and Internet Banking transactions, payee details must be designated in advance.

For Easy Access Savings Accounts, you can make up to six penalty 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 Subsequent withdrawals will result in a 30 day interest charge on the amount withdrawn.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 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.