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How do I pay money in to my Personal Savings Account?

POSTED: 15th August 2017
IN: Personal Savings FAQs
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You can add money to your account by Faster Payments, BACS, CHAPS, Standing Order or personal cheque from your nominated UK bank or building society account, or by transfer from another Aldermore Personal Savings account.

To pay money in by Faster Payments, BACS, CHAPS or Standing Order, contact your bank or building society and give them the following information:

  • Our account number: 63684431
  • Our sort code: 20-19-90
  • Beneficiary name: Aldermore 
  • Payment reference: Your Account Opening Reference Number/Account Number and surname*

Please make sure your bank correctly quotes the reference when they make a payment, otherwise it may be rejected and returned to you without interest. It may take up to two business days for a payment to show on the account, however you'll earn interest from the business day on which the payment was received.

To pay in by cheque, send your cheque made payable to your surname(s) re: your Account number (e.g.Smith re: 1234567) to Aldermore, Freepost RSAZ-AXXH-LHAX, PO Box 762, Wallsend NE28 5DH.

*When you completed your account opening online, you will have been given an account opening reference number. Once the account is open, you’ll receive an account number. Both of these numbers are unique to you and you can use either number as the Payment Reference.

Can I add money at any time?

For Easy Access Accounts, Notice Accounts, Notice Cash ISAs and our Easy Access Help to Buy: ISA, you can add money at any time.

For Fixed Rate Accounts and Fixed Rate Cash ISAs, you will have a limited period from account opening to make deposits. For Fixed Rate Cash ISAs, you’ll also need to return any ISA transfer forms in this period.

When will my money start earning interest?

Funds deposited by Faster Payments, BACS, CHAPS, standing order or by transfer from another account with us will start earning interest from the business day on which we receive them but may take up to two business days to show on the account.

Money paid in

Starts earning interest

Electronic payment or transfer from another account with us

Same day as received

Cheque

2 business days after received

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