Sainsburys saving account 30 September 2007 at 10:36PM in Savings & investments 4 replies 961 views

weesav

I am a bit nervous about posting as I have just discovered this great site so forgive me if this subject is already on the boards some where.

My question is how do you get your money out of your internet account with them.
Have other people found them easy to deal with?
Thank you

Stephen_Leak

Do a transfer/payment from your SB account to the one you want to move the money to - just like any other internet access account.

weesav

Stephen_Leak wrote: »

Do a transfer/payment from your SB account to the one you want to move the money to - just like any other internet access account.

I have tried to feed in the details for my bank account but it wont accept them.
I will phone them I dare say its staring me in the face and I just cant see it!!:D

DawnW

You can transfer in money from your current or whatever account easily from that provider's website, or alternatively send Sainsburys a cheque. You can ring them and ask for payment slips and envelopes etc if you do not already have these. To get the money out, it is a bit different. You need to set up a payment mandate on the sainsburys bank website. The instructions on how to do this are on the website. It is therefore a bit different from other internet banks such as Icesave where you have one or more linked accounts to transfer in and out of. I must admit I found this a bit confusing initially (wasn't sure what 'payment mandate' meant), but once you have done this it is straightforward.
IMHO it is a good account, with good customer service and good rates. Hope this helps.

weesav

DawnW wrote: »

You can transfer in money from your current or whatever account easily from that provider's website, or alternatively send Sainsburys a cheque. You can ring them and ask for payment slips and envelopes etc if you do not already have these. To get the money out, it is a bit different. You need to set up a payment mandate on the sainsburys bank website. The instructions on how to do this are on the website. It is therefore a bit different from other internet banks such as Icesave where you have one or more linked accounts to transfer in and out of. I must admit I found this a bit confusing initially (wasn't sure what 'payment mandate' meant), but once you have done this it is straightforward.
IMHO it is a good account, with good customer service and good rates. Hope this helps.

Thank you Dawn all sorted:beer: