You can withdraw your savings at any time by completing a Share Withdrawal Form and sending it to us either by post, email or fax. Payments are normally made by bank transfer free of charge within five working days of a request being received. However, it may take a little longer if demand is high, so please give as much advance notice as possible.
Once a loan is granted, members will not be able to withdraw shares unless the value of the shares is in excess of the loan balance repayable and payments are not in arrears.
There is also an option to apply for a loan, rather than to withdraw savings, and this may be a better option for some members so that savings are maintained for emergencies.
Prepayment card by Engage
Members of Oxfordshire Credit Union can also now request an Engage Visa debit card, which can be used in shops or to withdraw money from cash machines. The card will be pre-loaded with your savings so that you can use the money in your account directly. However there will be no overdraft facility on these cards.
To request the prepaid debit card please contact us either by email or phone.