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3 letter process

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3 letter process  Empty 3 letter process

Post by projectzoo on Wed Dec 05, 2018 9:55 am

Hi
The 3 letter process can it be used on over drafts ?
Many Thanks for a reply

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Post by Mrblue on Wed Dec 05, 2018 12:15 pm

Yep, did/has for me :-)
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Post by projectzoo on Wed Dec 05, 2018 12:53 pm

Cheers mrblue

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Post by Mrblue on Wed Dec 05, 2018 1:20 pm

You're welcome.

The ONLY thing I'll add (sorry if this is obvious) but make sure you open a new current account with a different bank BEFORE trying the letters system in relation to an overdraft for your existing bank.

Why? Because trying this system against your existing bank (which whom you have an overdraft) will mean you'll have 'issues' with your current account (i.e. they'll simply take money from that balance!)

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Post by projectzoo on Thu Dec 06, 2018 4:36 pm

Yip in process of doing this, running the account down so no money goes in or out, opened new one and manually sent away to DD that i've changed bank Very Happy
so its getting hit before i go

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Post by Mrblue on Thu Dec 06, 2018 4:43 pm

Good! Smile
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