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Withdrawing from MortgageSaver Account

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  • 14-06-2021 1:21pm
    #1
    Coraline Massive Meal
    Posts: 0 ✭ Coraline Massive Meal


    I have a MortgageSaver account with BOI but it looks like I won't be buying any time soon. I'd like to withdraw the money from the account. 

    I presumed I could just arrange a bank transfer out over the phone but they said I'd have to go to the branch. The branch told me the only way is to do a cash withdrawal and I'd need to order in the cash because of the amount. 

    Is this actually true? I need to withdraw tends of thousands in cash?!


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    #2
    Bank of Ireland: Eve
    Closed Accounts Posts: 309 ✭✭Bank of Ireland: Eve


    Hi there, thanks for your post here on Boards.ie. 

    In order to withdraw from your MortgageSaver account you would need to call into branch with photo ID. 

    Could I ask what branch you'd be looking to make the withdrawal from? I can certainly reach out to them to check the procedure for you. 

    Thanks, Eve 


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    #3
    Coraline Massive Meal
    Posts: 0 ✭ Coraline Massive Meal


    It would be the Dun Laoghaire branch. 

    Ideally just a bank transfer to my KBC current account which is the one that funds the direct debit to the BOI Mortgage Saver account. 

    Having to withdraw cash isn't acceptable. 


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    #4
    Coraline Massive Meal
    Posts: 0 ✭ Coraline Massive Meal


    Is there any update to this?


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    #5
    Bank of Ireland: Eve
    Closed Accounts Posts: 309 ✭✭Bank of Ireland: Eve


    Hi there, thanks so much for bearing with us. 

    The branch have confirmed that you'd certainly be able to transfer the funds from your MortgageSaver account to your KBC account. 

    If you call into branch with photo ID and your IBAN for your KBC account and an advisor would be happy to help. 

    Thanks, Eve 


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