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How do I manage my Easy Access Account?

POSTED: 16th June 2017
IN: Business Savings FAQs
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Managing your account is simple and straightforward and we're always on hand to help if you have any questions. Here's how it works.

Once you've opened your Business Savings Account with us we'll send you everything you need to make a deposit and operate your account.

Your Nominated Account
Your nominated account is the UK business bank or building society account you register with us when you open your Aldermore account. You can only transfer money into your Aldermore account from your nominated account or from an existing Aldermore Business Savings Account that allows transfers out.

To transfer money from your nominated account, simply contact your bank or building society and ask them to transfer the amount you require (deposits can be made by Faster Payments, BACS, CHAPS or Standing Order).

You will need to provide your Aldermore Business Savings Account number (once you’ve opened your account, you’ll find this 8 digit number on the first screen in Internet Banking, under 'accounts'), Sort Code (23-33-43) and Beneficiary/Payee Name (your business name).

Interest
Interest is paid gross (without tax taken off) for all business types. For guidance about your tax liability, we would suggest consulting your tax adviser or the HM Revenue and Customs at www.hmrc.gov.uk

Withdrawals
To make a withdrawal, click on the Easy Access account you wish to withdraw money from in Internet Banking. On the next page you will see a section called Account Tools in the bottom right-hand corner of the screen. This will contain a link to 'withdraw funds'. Please note this link will only be visible if the account has been funded.

Transfers
If you have more than one Aldermore Business Savings Account, you can transfer money between your accounts online. To do this, simply click on the Easy Access Account you wish to transfer money from in Internet Banking. In the Accounts Tools section in the bottom right-hand corner of the screen there will be a link to ‘Transfer Between My Accounts'. This link will only be visible if you have another account that is eligible to receive funds.  

Change Your Password
You can change your password by logging in to your account with the details provided and select the Settings link.

Reset Your Password
If you've forgotten your password you can reset it in minutes. Simply go to the Internet Banking login page and select 'Reset password'.

Add and Remove Users
It's easy to add or remove names or change the user levels on your account by simply selecting the 'Manage Users' link.

Make Changes to Your Account
You can update or amend most information relating to your account online. We may ask you to send us supporting documentation by post or email once a change has been requested.

Statements
Your statement will be available via internet banking as a PDF that you can both print and save.

View Account History
You can view transactions on your account right back to the time you opened the account, simply log in to your account and select the Account History.

Can We Help With Anything Else? Email Us Call Us: 01733 821 321
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