Can someone else buy me premium bonds?

Tragen

My grandmother died and my mum is due to receive her inheritance this month.y mum would like to gift me 10k, and I will simply buy premium bonds. 

As I can buy premium bonds using a bank transfer, does anyone know if there is an issue with my mum doing this directly, by doing a bank transfer to nsandi with my bond holder num as reference?

Or will this flag a problem?

Cheers

moneysavinghero

Is it really a big hassle for her to just transfer directly to you and then you do the bank transfer to NS&I?

Tragen

I don't think either are a big hassle, it's just a simple question.

csgohan4

Better to do it from your own account, less issues cropping up potentially

Alistair31

Seems a pointless complication. 

NorthernJoe

Can she do it? Probably

Should she do it? Probably not 

Seems overly complicated 

dunstonh

Or will this flag a problem?

It would be classed as a third party payment and can create further administration and potential delays.

Tragen

dunstonh said:

Or will this flag a problem?

It would be classed as a third party payment and can create further administration and potential delays.

I am assuming you know this as fact? If so, thank you.

Greatgimp

Too many 'what happens if...' here. So unnecessary.

Nebulous2

It appears you cannot buy premium bonds for another adult, unless you have power of attorney. 
Can you buy Premium Bonds for someone else? | Personal Finance | Finance | Express.co.uk

Tragen

Nebulous2 said:

It appears you cannot buy premium bonds for another adult, unless you have power of attorney. 
Can you buy Premium Bonds for someone else? | Personal Finance | Finance | Express.co.uk

I did see that when I googled, but as it's express .co.uk I didn't want to take it as 100%, also it doesn't explicitly say you cannot buy for someone else. Just that a poa can.

Thanks