Savings accounts deposits by Direct Debit? UPDATED
edited 15 April 2017 at 10:01PM in Savings & investments
381 replies 209.5K views
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It's all quite vague tbh. Tbh, they're pretty well trusted in Pakistan itself. But you're right about the lack of details in their UK bank
I would have thought so too tbh, that the easy access accounts would get less interest
This being said, a lot of Pakistanis prefer the likes of..Barclays, because the British banks do tend to be better at actually providing a good service
Though Pakistan itself is a divided nation with the "liberals/modernists" on one side, and the more religious/conservative people on another, which may well explain why banks like Habib bank are quite popular (In Pakistan they're a purely Islamic bank)
Does anyone have a link to the Santander eSaver Direct Debit Mandate form please?
See post 10 on the first page of this thread.
If you want to try your luck, you have to ring and ask for the form to "pull money in from an external account."
I live with parents and don't pay any bills, thus no direct debits!
I previously used that before reading these posts today.
Many of the accounts with DD faclities listed in the first post (above) no longer exist or no longer accept new customers (some of them closed some time ago) - so an updated Post 1 would be useful.
I've just looked into a few of them:
Post Office is still good for DDs, and Scottish Widows and, of course, Tesco
Thanks for the quote (And more importantly the PM). Updated the OP to reflect the above
Nationwide mysave looks like it does exist for existing customers, looking at the wording of this:
Why does this one mention 1 DD only? Do the others that don't mention having multiple direct debits not also only allow 1 DD only?
I understand that to open say a Santander 123 account I need to pay in at least £500 per month (my salary) and 2 direct debits.
I also understand that Tesco's savings account is a good bank for direct debit payments. But that's only one.
Is it possible to have two direct debits from the same Tesco savings account or do I need a second Tesco account? I'm not sure why Tesco would let me have two accounts, or do people do it in other people's names (say their partner?)
I want a Santander 123 account but I don't pay my bills directly so have no direct debits like that. I also don't have a partner I can use.