Problems with Credit Agricole internet banking - help please !

[Manon]

We have a current account and a Livret A with CA and need to move money regularly from the UK to France . The money has to go into the current account and then we have to transfer it to the Livret A over the internet. However we are frequently unable to make the transfer and the reason given is ' depassement du plafond pour epargne liquide '. Can anyone tell me exactly what this means and how we get round it please ? Thank you

[elamessa]

"Above the maximum for liquid savings"

It seems that you have gone over the limit for a Livret A account which I think is €15300 per person.

HTH

STeve

[Sunday Driver]

If you have a joint current account then you can open a second Livret A account in the name of the joint account holder.

 

 

[Manon]

Thank you both - very helpful. What we need ( and thought we were getting ) is a savings account without a ceiling as we will be moving large amounts of cash this year to fund our renovation project / money pit ! I shall have to make further enquiries obviously.

[Sunday Driver]

The Livret A account is like an ISA in that it pays the interest tax free and exempt from social charges so it has an upper limit.  If you have larger amounts to deposit, then you may have to consider opening an ordinary savings account without an upper limit but with a lower return.

 

[allanb]

If you want to deposit a bit more that the Livret A limit, there is another type of account called LDD (livret de développement durable) which from the saver's point of view works in exactly the same way as the Livret A : same interest rate, not taxable, not even declarable, but with a lower limit (€6,000, or €12,000 for a couple).

You can have both types at the same time.