Iva with swift insolvency
Hello quick question guys,
Currently in an iva just started ( approved 4th March 19)
Now I have all my money for direct debits standing order ect in my bank account, but any other money's that are left I withdraw all from the bank I goto the bank and withdraw anything alse in cash and distribute where needed? ( Should this be OK)
but the main question is I have opened a instant saver on my natwest account, but if I transfer directly from my current account to the saver I'm guessing on my 12 month review they will want to see the balance on the saver as they will see payments sent across from the current to saver on statements.
( Now I may be wrong but if I pay the money into the saver directly direct deposit by machine, or cashier this won't leave no trail from the current account to the saver, so there's no reason anyone should track this or no about? Am I right in thinking this?) and I believe instant saver doesn't report anything to credit agencies?
Thank you, sorry for long description.
Looking forward to reply