Savings - Personal FAQs

All FAQs

To open an account, you will need:

  • Your current address and postcode
  • Personal UK Bank or building society account details
  • Email address and
  • Mobile number.

Any savings you have with us are protected by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. This protects eligible deposits up to a total of £85,000 per person. Visit the FSCS website to find out more about this scheme.

Money can be transferred into your savings account by electronic transfer. Electronic transfer from your nominated bank account can be made using Faster Payments, BACs or CHAPS.  

We do not accept payments by cheque.

You can make as many deposits as you like for 7 calendar days after a successful application, up to a maximum of £250,000 for personal savings and £500,000 for business savings accounts. After this time you will no longer be able to transfer funds to your account.

Yes, that's fine, even if you've already got an account in just your name.  We'll give you your own individual login details so you can both access the account at any time.