Just wondering has anyone been able to withdraw over 5000GBP without problems?

Hi, I was just wondering has anyone withdrew over 5000GBP back to their account successfully?
I am just curious.

Kindest Regards

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Yes, I have made a few withdrawals with no issues. Money in account in 3-4 days.

Has the cash settled? ie. showing as “withdrawable”

Sorry, I was just enquiring if people were able to withdraw large amounts above 5K without any hassle.

Yes.

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@NeilB @DavidM did you guys receive any sort of confirmation after initiating withdrawal? I only saw the withdrawal through the app’s activity section, but no email confirmation or anything else. Also if you don’t mind me asking who do you bank with? Just a bit anxious as I’m making my first withdrawal to Barclays hah.

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I’ve got a smaller withdrawal (closing GIA for ISA).

No confirmation of withdrawal, it’s showing on my account as pending for Monday, was requested on Wednesday.

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@NeilB thank you so much for getting back to me. I am also doing the same (closing GIA for ISA).

Just confirming, when you said showing on your account did you mean your bank account or Freetrade?

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Yes I have a Monzo account and it shows incoming and outgoing money up-to 5 days ahead of the transaction. In fact I’ll have access to it at 4pm even though it clears on Monday, nice feature.

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oh wow with someone as anxious as myself I should totally switch to Monzo. Thanks for the clarification!

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Agree, it’s neat. Getting your salary a day or 3 days earlier (weekend) is also pretty great :+1:

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@NeilB is that your account number. I would cover that too, no upside, better to be safe than sorry :slight_smile:

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Nah it’s not - thanks for your concern.

Come on over Monzo are great, very much like FT. I’m a big fan of both

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oh yeah my next withdrawal will definitely be with Monzo.

btw what’s the most efficient way to contact Freetrade? Do they have a number I can call?

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I don’t believe they have a phone number
Intercom on the app if you’re a FT+ member
Hello@freetrade.io or money@freetrade.io if not

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