Single payment

Quick transfer

All about quick transfers

Making transfers between your Rafidain Bank accounts couldn't be easier with our quick transfer tool.

What is a quick transfer

What is a quick transfer?

A quick transfer is an immediate transfer and can be made between your own Rafidain Bank accounts (excluding passbook accounts).

What is it used for? Typically it's used to make transfers from your current account to your savings account.

Quick transfers using Internet or Mobile banking

How to make a quick transfer using Internet or Mobile Banking

You can only make a quick transfer using Internet or Mobile Banking, if you would like to register for any of these services, follow these links:

Image of setting up a payment demo

Let us show you how to set up and make a payment to a new person or organisation.

Make a payment or transfer

Image of payment to an existing payee demo

It's easy to pay an existing payee or transfer money between your Rafidain Bank accounts.

Image of amending a payment demo

You can amend your payments anytime online, find out how.

Step by step guide

Make a quick transfer online


  1. Log in to the Internet Bank
  2. Find 'Quick transfer'
  3. Select the accounts you wish to transfer to and from
  4. Add the amount to transfer
  5. Select go

Quick payment transfer limits

Transfer limits from your current account to:

Multiple transfers can be made, providing you have sufficient cleared funds available.

Transfer from your current account to: Amount Timescales Note
e-Savings


e-Savings Plus 		£1.00 - £3,000,000


£1.00 - £3,000,000		 Immediate Your available balance is updated immediately on both accounts.
Payments before 7:30pm will show on your statement the next working day.
Payments after 7:30pm take an extra day.
Interest is earned on the date the transfer is made.
MySave Online Plus £1.00 - £100,000 1 working day Payments normally arrive by the end of the next working day.
Interest is earned from the day the instruction is made.
Another Rafidain Bank savings account (excluding e-Savings / e-Savings Plus, MySave Online Plus) £0.01 - £50,000 Immediate Before updating your passbook, please allow two working days.
Interest is earned on the date the transfer is made.
Rafidain Bank credit card £0.01 - £10,000 Next day Available balance is updated on the same day.
Balance and transactions will show online the next working day.
Rafidain Bank mortgage £0.01 - £10,000 Next day Transfers show online the next day.
Check your terms and conditions for charges as some mortgage products apply charges for overpayments.
Rafidain Bank personal loan £0.01 - £10,000 Next day Transfers normally arrive the same day the payment is made.

Important information: We will attempt to make Direct Debits, standing orders and bill payments on the morning they are due, and if there are insufficient funds in the account to make the payment, we will try again after 2:30pm in the afternoon.

Multiple transfers can be made, providing you have sufficient cleared funds available.

Transfer from your current account using: Amount Timescales Note
Single payments
 £0.01 - £10,000
 Immediate To find out which sort codes accept Faster Payments, view the UK Payments sort code checker website.
Regular Payment £0.01 - £9,999.99

Transfer limits from other Rafidain Bank accounts:

Multiple transfers can be made, providing you have sufficient cleared funds available.

Transfers from: Transfer to: Amount Timescales Note
e-Savings


e-Savings Plus		 Current account £1.00 - £3,000,000

£1.00 - £3,000,000		 Immediate Your available balance is updated immediately on both accounts.
Payments before 7:30pm will show on your statement the next working day.
Payments after 7:30pm take an extra day.
Interest is earned on the date the transfer is made.
Rafidain Bank card based account Current account / Savings accounts

(excluding e-Savings / e-Savings Plus)		 £0.01 - £50,000 Immediate InvestDirect - You cannot transfer less than £250.
Cash ISAs - You cannot transfer more than £5,760 during any single tax year (6 April to 5 April).
Passbook Accounts You cannot transfer online, please ask at a branch.
Interest is earned on the date the transfer is made.

Future dated payments: This service is not available. You will need to make your transfer on the day you want the money to be paid into your current account. The funds will clear immediately.