How Do You Give Notice On A Savings Account With PTSB?

[Peter54]

Does anybody know how you can give notice on a 21 day saving account with PTSB? Do you need to walk into your branch? I don't see an icon on their 24hr banking system and their customer service is unavailable until the 4th.

 

[Gulliver]

They certainly have a form available at their branches. I've used it (for an account requiring multiple signatures, which could not be notified online)

 

[Lightning]

Does anybody know how you can give notice on a 21 day saving account with PTSB? Do you need to walk into your branch? I don't see an icon on their 24hr banking system and their customer service is unavailable until the 4th.

You will have to wait till Tuesday January 4th.

You don't have to wait out the 21 days, you can get your money faster subject to an interest penalty.

 

[Peter54]

Thanks guys. I have a very small amount of money I want to withdraw to pay off bills.

Ciaran, is the interest penalty substantial?

 

[aishling]

I just rang my branch to give notice so guess you'll have to wait until Tuesday

 

[Lightning]

Ciaran, is the interest penalty substantial?

The T&C's say:

An early withdrawal charge, where it applies will be deducted from the account closing balance

It could be any figure, ask PTSB.

 

[dubrov]

Just to be clear, you cannot give notice via online banking but you can over the phone by ringing their customer service line.

Once the notice period has elapsed, you can move the money online

 

[emmt]

From Best Buys:

Permanent TSB: 21 Day Regular Saver and Home Starter Regular Saver
3.50% up to €50,000.99.
Note 1: Maximum €1,000 per month, to a total of €50,000.99.
Note 2: 21 days notice required for withdrawals.
Note 3: Interest paid yearly on November 20th.
Note 4: If less than 21 days notice is given, an interest charge of 0.0103% applies per day of notice not given.