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Regular Savings Accounts: The Best Currently Available List!

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  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    edited 27 August 2020 at 8:28PM
    colsten said:
    You can add the account yourself. There is an add account facility when you are logged in and your other accounts are listed. Haven’t received opening documents yet despite applying as soon as it was mentioned on this site but will add the account details when I receive them
    Monmouthshire BS prove to be extraordinarily difficult this time round. My account opening documents have been in the post since Monday, and have probably been received by now. Seems they also want an opening deposit before their let me add the account to my online accounts. This wasn't specified in the letter they sent. Almost too much hassle for a piddly 1.5% RS when I have alternatives (which are not without hurdles, but not Monmouthshire hurdles  :| )

    They have removed my addition. Thing is, they might also return a bank transfer because the account isn't open yet. Catch 22.

    I am not pleased.



    My account is showing online (as pending) after adding, I've electronically sent my deposit and only just sent my documents back.

    Great society with some superb products. Sent 

    I assume Colsten still has me on 'Ignore' so won't see this 
    I am one step ahead of you. Deposit sent electronically, documents sent back, account used to show online but has been removed by MBS. I have re-added it now, so it shows pending again. Opening a new MBS account is a cat-and-mouse game every time. It's not exactly that I don't have experience in opening accounts, including many with MBS.
  • schiff
    schiff Posts: 20,259 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 28 August 2020 at 11:36AM
    I like MonBS even with the quirks and sometimes playing a cat and mouse game can relieve the boredom. Each time I send my signature form I add suggestions to streamline their routines. Like doing away with the signature thing for existing clients on their books.
  • 1882
    1882 Posts: 497 Forumite
    Part of the Furniture 100 Posts
    I'm new to MBS and "opened" account on Friday last week and had no email or anything by post!
  • Gers
    Gers Posts: 13,161 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I'm also new to MBS so anticipating the quirks!  My documents arrived today, not bad as my mail is being re-directed from my home address. 

    I assume I can't register online until I get more notification  - is that the case?
  • schiff
    schiff Posts: 20,259 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    schiff said:
    Monmouth
    I FP'd £250 late afternoon y/day and have today requested that the account be listed on the online pages. I'm posting the signature form today (SCP per the provided envelope) to be added to the collection of signature forms they already have for me. It's like opening the Virgin store accounts used to be, as a result of which they have 19 photos of my passport.
    My £250 was bounced back, not really much of a surprise.
  • Every_Penny_Counts
    Every_Penny_Counts Posts: 138 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    edited 28 August 2020 at 3:54PM
    1882 said:
    I'm new to MBS and "opened" account on Friday last week and had no email or anything by post!
    Same here, still waiting to hear something.   :s
    EPC
  • Notepad_Phil
    Notepad_Phil Posts: 1,556 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    New timer to MBS - applied online last Saturday and received a letter this morning (Friday) asking for a signature for their records so that they can get everything up and running.
    When I applied ithe website did say "We will be in touch soon to verify your identity and get your account set up." which worried me slightly as I didn't want to have to go through the hassle of sending over id documents.
    I assume that given that they've not asked me to send anything extra to the signature that I've passed their security checks - are there any existing MBS customers who can confirm that they don't come back at some later date for additional documents.
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    schiff said:
    schiff said:
    Monmouth
    I FP'd £250 late afternoon y/day and have today requested that the account be listed on the online pages. I'm posting the signature form today (SCP per the provided envelope) to be added to the collection of signature forms they already have for me. It's like opening the Virgin store accounts used to be, as a result of which they have 19 photos of my passport.
    My £250 was bounced back, not really much of a surprise.
    Yeah, mine too. So I sent it again. Their account opening processes for existing customers are silly.
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
     are there any existing MBS customers who can confirm that they don't come back at some later date for additional documents.
    All banks / building societies can come back at any time to ask for additional information, or to reconfirm information they already have. 

    At MBS, they have the silly process that they keep asking for your physical signature every time you open a new account.
  • Notepad_Phil
    Notepad_Phil Posts: 1,556 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    colsten said:
     are there any existing MBS customers who can confirm that they don't come back at some later date for additional documents.
    All banks / building societies can come back at any time to ask for additional information, or to reconfirm information they already have. 

    At MBS, they have the silly process that they keep asking for your physical signature every time you open a new account.
    Yes indeed they can, though it was as part of the message "We will be in touch soon to verify your identity and get your account set up." that came up at the end of the opening process that I was asking - I'm used to that kind of message coming up when they've not been able to electronically verify me (which luckily does not happen very often), so as apart from my signature nothing was asked for in today's letter I wondered whether they would be asked for later in the opening process.
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