Leeds Building Society - sort code question

veryintrigued

Hi there

Have sent this query to LBS but wonder if you guys can help in parrallel too please.

I've set up two fixed rate bonds with FirstSave. They will both be funded with money from Leeds Building Society. When I've entered the LBS sort code on the online application form it comes back with a HSBC branch in Leeds.

FS have suggested that this may well be fine and is due to the fact that some institutions require clearing banks to transfer funds rather than this Building Society.

Sound correct?

pqrdef

The account details you use for paying into a building society will generally point to the society's collection account at the bank. These details are no use for taking money out.

If FirstSave want to take the money by Direct Debit, you'll need to have the funds in an account that supports Direct Debits.

Milarky

I have sort code 40-27-15 a/c 12440040 (8 digits) and, of course, my own 'roll/reference' which has 10 digits.

Remember to include your own roll number as a reference too.

veryintrigued

Milarky wrote: »

I have sort code 40-27-15 a/c 12440040 (8 digits) and, of course, my own 'roll/reference' which has 10 digits.

Remember to include your own roll number as a reference too.

Ditto Milarky thanks for this.

veryintrigued

pqrdef wrote: »

The account details you use for paying into a building society will generally point to the society's collection account at the bank. These details are no use for taking money out.

If FirstSave want to take the money by Direct Debit, you'll need to have the funds in an account that supports Direct Debits.

Cheers for the response - Firstsave initially responded saying it shouldnt be an issue - but I have responded saying, in short 'are you sure?'.

veryintrigued

pqrdef wrote: »

The account details you use for paying into a building society will generally point to the society's collection account at the bank. These details are no use for taking money out.

If FirstSave want to take the money by Direct Debit, you'll need to have the funds in an account that supports Direct Debits.

You're spot on - having to move the funds across.

Thanks