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The Top Easy Access Savings Discussion Area

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  • jaceyboy
    jaceyboy Posts: 245 Forumite
    100 Posts Second Anniversary Name Dropper Photogenic
    Just applied but they are asking for additional proof of identity, has anyone managed to do this electronically rather than postal?
  • n3ophyte
    n3ophyte Posts: 59 Forumite
    Third Anniversary 10 Posts Name Dropper Photogenic
    Having just opened the new Newcastle BS Easy Access Tracker I noticed this caveat in the account details.

    If you have selected to fund your initial application online this will take a minimum of 7 working days from account opening but could take longer if you have chosen to fund at a future date

    Not so great for those of us used to instant app based transfers

  • Section62
    Section62 Posts: 9,893 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    jaceyboy said:
    Just applied but they are asking for additional proof of identity, has anyone managed to do this electronically rather than postal?
    I've just had the same, as a new customer to Newcastle.  Not sure the interest rate makes it worthwhile geting certified copies of documents and posting them in snail mail... especially if they are going to apply an application/deposit cutoff before I can get the documents to them.

    Getting bad vibes about this account.
  • refluxer
    refluxer Posts: 3,194 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    n3ophyte said:
    Having just opened the new Newcastle BS Easy Access Tracker I noticed this caveat in the account details.

    If you have selected to fund your initial application online this will take a minimum of 7 working days from account opening but could take longer if you have chosen to fund at a future date

    Not so great for those of us used to instant app based transfers

    I would be curious to know what the justification would be for an electronic payment to take more time to be processed than a cheque. With the way things have been going recently, this rate will be beaten in less time than that anyway !
  • Mr._H_2
    Mr._H_2 Posts: 508 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    jaceyboy said:
    Just applied but they are asking for additional proof of identity, has anyone managed to do this electronically rather than postal?
    Me too, which is odd because I'm usually easily verified electronically. One would imagine that if there were a means to provide the documentation electronically, they would provide those details in the application confirmation email. However, the only method provided is to post physical copies to them (how quaint!)
  • jaceyboy
    jaceyboy Posts: 245 Forumite
    100 Posts Second Anniversary Name Dropper Photogenic
    Section62 said:
    jaceyboy said:
    Just applied but they are asking for additional proof of identity, has anyone managed to do this electronically rather than postal?
    I've just had the same, as a new customer to Newcastle.  Not sure the interest rate makes it worthwhile geting certified copies of documents and posting them in snail mail... especially if they are going to apply an application/deposit cutoff before I can get the documents to them.

    Getting bad vibes about this account.
    Thinking the same thing, I have emailed them to ask if they accept it electronically, if they dont I shant bother carrying on
  • Mr._H_2
    Mr._H_2 Posts: 508 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    jaceyboy said:
    Section62 said:
    jaceyboy said:
    Just applied but they are asking for additional proof of identity, has anyone managed to do this electronically rather than postal?
    I've just had the same, as a new customer to Newcastle.  Not sure the interest rate makes it worthwhile geting certified copies of documents and posting them in snail mail... especially if they are going to apply an application/deposit cutoff before I can get the documents to them.

    Getting bad vibes about this account.
    Thinking the same thing, I have emailed them to ask if they accept it electronically, if they dont I shant bother carrying on
    I just spoke to them on the phone, as the guideline pdf for proof of identity wasn't entirely clear:

    Your documents do NOT have to be certified, so that make the process considerably less painful.
  • Mr._H_2
    Mr._H_2 Posts: 508 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    refluxer said:
    n3ophyte said:
    Having just opened the new Newcastle BS Easy Access Tracker I noticed this caveat in the account details.

    If you have selected to fund your initial application online this will take a minimum of 7 working days from account opening but could take longer if you have chosen to fund at a future date

    Not so great for those of us used to instant app based transfers

    I would be curious to know what the justification would be for an electronic payment to take more time to be processed than a cheque. With the way things have been going recently, this rate will be beaten in less time than that anyway !
    7 days is only for the initial deposit. Seems that perhaps account opening is a two-step process and you only get your own sort code and account number after your initial deposit has been successful.
  • pecunianonolet
    pecunianonolet Posts: 1,782 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    edited 28 June 2023 at 10:38AM
    Same, here, asked for proof of identity and residency. If they accept a photo of my passport and a council tax bill I can send by email, fine, if not I won't bother. 
  • ForumUser7
    ForumUser7 Posts: 2,474 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    edited 29 June 2023 at 11:21AM
    Mr._H_2 said:
    refluxer said:
    n3ophyte said:
    Having just opened the new Newcastle BS Easy Access Tracker I noticed this caveat in the account details.

    If you have selected to fund your initial application online this will take a minimum of 7 working days from account opening but could take longer if you have chosen to fund at a future date

    Not so great for those of us used to instant app based transfers

    I would be curious to know what the justification would be for an electronic payment to take more time to be processed than a cheque. With the way things have been going recently, this rate will be beaten in less time than that anyway !
    7 days is only for the initial deposit. Seems that perhaps account opening is a two-step process and you only get your own sort code and account number after your initial deposit has been successful.
    Sort code and account number seem to be the same for all accounts. Reference is different

    Please use the following details to fund your Newcastle Building Society account:

    • Sort code: 23-59-54
    • Bank Account number: (Removed by Forum Team)
    • Reference: Your full individual Newcastle Building Society account or reference number (For example ABC 1234567 XYZ, failure to quote your full account number may result in the payment being returned.)
    https://www.newcastle.co.uk/savings/manage-your-savings-account/savings-frequently-asked-questions
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
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