[Mites]

Hi
i have just opened a fixed rate savings account yesterday. It shows in my app with £0. I am trying to transfer money to it from a non Tesco bank but say account not recognised when I try to set up payment transfer with account and sort code.

[ChristopherP]

@Mites Hey there, thanks for getting in touch!

You can make multiple deposits within the first 30 days of account opening. Your total balance must be at least £2,000 and no more than £5 million by the end of this period. After this time, no further deposits can be made.

You can do this 48 hours after account opening by sending money via your bank account (different providers have different transfer limits). You’ll need your Fixed Rate Saver Sort Code and Account Number to do this – you’ll find this on your statement, your welcome letter or in Online Banking or the Mobile App.

I hope this clarifies things for you.

[Mites]

@ChristopherP
thanks -as it’s not 48 hours yet that must be why account is invalid when I try to transfer in

[ChristopherP]

@Mites Thanks for clarifying. Yeah, that'll be the case then! Once the 48-hour timescale has passed, you'll be able to transfer.

Have a lovely weekend! 😊