Limit on withdrawals from Credit Union?

Discussion in 'Credit Union issues' started by Leaky1, Jan 6, 2012.

  1. Leaky1

    Leaky1 Frequent Poster

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    117
    I hope to withdraw a sum of money from my credit union account - approx €10k to €15k - in the near future to pay a lumpsum off my mortgage. Does anyone know is there a daily limit on withdrawals, or does it depend on the credit union? I have checked the website for my CU but it doesn't say much, and I was unable to contact them by phone.
     
  2. so-crates

    so-crates Frequent Poster

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    1,346
    It is a few years ago now but I did withdraw a sum of a similar nature from my CU - no hassle. Perhaps give them a quick call and check but I doubt it will be an issue.
     
  3. Slim

    Slim Frequent Poster

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    1,671
    The amount should not be a problem as long as you are happy to accept a cheque. Cash of that order would be a problem without prior notice.
     
  4. niceoneted

    niceoneted Frequent Poster

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    1,913
    I did something similar last year ie take money from the CU to pay off the mortgage. They were able to transfer it into my bank account for me directly.