When I transfer money between two accounts, why does the New Balance information appear only on my account and the other one shows it starred out (*******)?
You can transfer money into accounts that you may not be an owner on; for example, to your child’s or sister’s account. By law we cannot disclose any account information to someone who is not an owner of that account. Since our system is not able to determine if the person performing the transfer is actually an owner of the destination account, we must block out the balance information of the destination account on all transfers performed outside of the account that is logged in at the time. If you would like to know the balance of the destination account after a transfer, you will have to log out and log back into that account with the password.
Related Questions
- When I transfer money between two accounts, why does the New Balance information appear only on my account and the other one shows it starred out (*******)?
- How long does it take for money I transfer from my e-Money Market or e-Savings account to appear in my linked external account?
- Can I transfer money from my existing Barclays Stockbroker accounts to my CFD account and vice versa?
