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Yes I agree, does seem a bit archaic having to go into a branch or send a letter to open an account these days, but I guess for some of the smaller BS's the cost to move everything online is maybe too high for them to outweigh the benefits.allegro120 said:
Thank you for sharing. Good news. I wish they would also develop an application system that doesn't require sending letters and ownerships of printers.t1redmonkey said:Just thought I'd share some info that was mentioned to me by a branch worker when I opened the Monmouthshire BS Coronation Saver recently; they are apparently developing an app at the moment which they are hoping to release later this year, so should be a bit more convenient for those of us who prefer using apps to access their accounts
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Spoke to Monmouth llast Friday and said I was sending my application form and wanted to pay by bank transfer. They said fine and asked me where I was sending it and I said the head office address at the bottom of the form, which they said was also fine.
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Saffron is also small, but somehow they manage to deal with applications electronically.t1redmonkey said:
Yes I agree, does seem a bit archaic having to go into a branch or send a letter to open an account these days, but I guess for some of the smaller BS's the cost to move everything online is maybe too high for them to outweigh the benefits.allegro120 said:
Thank you for sharing. Good news. I wish they would also develop an application system that doesn't require sending letters and ownerships of printers.t1redmonkey said:Just thought I'd share some info that was mentioned to me by a branch worker when I opened the Monmouthshire BS Coronation Saver recently; they are apparently developing an app at the moment which they are hoping to release later this year, so should be a bit more convenient for those of us who prefer using apps to access their accounts3 -
If we class size as being total assets, according to the BSA 2021/22 yearbook, Saffron is the 16th largest BS out of 43, and H&R is the 19th largest.allegro120 said:
Saffron is also small, but somehow they manage to deal with applications electronically.t1redmonkey said:
Yes I agree, does seem a bit archaic having to go into a branch or send a letter to open an account these days, but I guess for some of the smaller BS's the cost to move everything online is maybe too high for them to outweigh the benefits.allegro120 said:
Thank you for sharing. Good news. I wish they would also develop an application system that doesn't require sending letters and ownerships of printers.t1redmonkey said:Just thought I'd share some info that was mentioned to me by a branch worker when I opened the Monmouthshire BS Coronation Saver recently; they are apparently developing an app at the moment which they are hoping to release later this year, so should be a bit more convenient for those of us who prefer using apps to access their accounts
Some societies much smaller than H&R are able to accept online applications for at least some of their range. To name a few: Ecology 39th, SRBS 38th, Chorley 36th, Harpenden 35th, Bath 32nd, Mansfield 28th, Scottish 26th, Dudley 25th, MHBS 24th, Melton 23rd.
Ultimately, online applications are much more convenient, but it is a cost some societies aren't willing to incur at these stage. It just depends on how important they view it to be - and likely also member feedback, combined with demographic data (if a society wants to attract younger members (young adult kind of age), they will be more likely to put funds towards developing their technology). Bear in mind, some societies will be in the early stages of developing such processes, so may not be willing to reveal their plans to members yet. The AGM tends to be the best place to ask these questions I find, especially if you can submit it beforehand, to ensure a comprehensive response.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.5 -
Sent application for Monmouthshire Coronation on 24th April by 2nd class post, the account was opened on 27th Apr. Received my passbook today. Much quicker than I expected.1
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Nationwide effective 1st May
Start to Save Issue 2 -> 5.25%
Flex RS -> 4.25%, but if 4 or more withdrawals 1.70%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.15 -
I wish Nationwide opened up their Flex RS again...I don't see why they've stopped anyone applying for it for the last 6 months or so, since it means the only regular saver they have open to applicants is the Start to Save one.2
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I sent mine 1st class on 21st and heard nothing yet - perhaps I'd better contact them?allegro120 said:Sent application for Monmouthshire Coronation on 24th April by 2nd class post, the account was opened on 27th Apr. Received my passbook today. Much quicker than I expected.0 -
Me too on 21st. Hope to hear tomorrow or Tuesday.veggieblob said:
I sent mine 1st class on 21st and heard nothing yet - perhaps I'd better contact them?allegro120 said:Sent application for Monmouthshire Coronation on 24th April by 2nd class post, the account was opened on 27th Apr. Received my passbook today. Much quicker than I expected.1 -
It might depend on the branch you sent it to. I've mine sent to Monmouth branch, it could be that some other branches are more busy.Ps3725 said:
Me too on 21st. Hope to hear tomorrow or Tuesday.veggieblob said:
I sent mine 1st class on 21st and heard nothing yet - perhaps I'd better contact them?allegro120 said:Sent application for Monmouthshire Coronation on 24th April by 2nd class post, the account was opened on 27th Apr. Received my passbook today. Much quicker than I expected.0
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