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

POSTED: 6th April 2019
IN: Personal Savings FAQs

You can make deposits by Faster Payments, BACS, CHAPS or Standing Order from your nominated account. You can also make deposits by transfer from an existing Aldermore Personal Savings account in your name or held jointly with someone else (where withdrawals are permitted), or, for ISAs, by transfer from another ISA provider. Payments to us from any other account will not be accepted and will be returned. We don’t accept deposits by cash, cheque or banker’s draft.

To make a deposit, simply use the details shown below to move money from your nominated account:

  • Our account number: 63684431
  • Our sort code: 20-19-90 (this may show as Barclays, we partner with them as our clearing bank)
  • 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.

*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

Useful links for Personal Savings customers

  • Personal Savings
  • FAQs