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standing order help

anna42hmr
Posts: 2,897 Forumite


can any one help, i am just setting up a couple of standing orders (from my lloyds tsb current account) for savings accounts with alliance and leicester and skipton bs.
the two companies work where you pay them to a standard sort code and account number, and use your specific account number as the "reference" who do you put the payee as if its going to a generic account (ie do i put the payee as my name or the building society name??) normally if its to one of your own accounts specifically i put the account holder name, but not sure if thats right in this case
can anyone clarify??
the two companies work where you pay them to a standard sort code and account number, and use your specific account number as the "reference" who do you put the payee as if its going to a generic account (ie do i put the payee as my name or the building society name??) normally if its to one of your own accounts specifically i put the account holder name, but not sure if thats right in this case
can anyone clarify??
MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..
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Comments
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It doesn't really matter what you put in the payee field as long as the sort code, account number and reference details are fine0
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It doesn't really matter what you put in the payee field as long as the sort code, account number and reference details are fine
thanks for the confirmation, i appreciate it, i was worried if i put the wrong payee it would be rejectedMFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..0
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