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Close Brothers Savings Account question

I opened a Savings account and now I need to deposit some money into it, when I transfer the money it looks I transfer it to a Close Brothers account and they transfer it to my account, has anyone else experienced this?

Comments

  • Hoenir
    Hoenir Posts: 7,742 Forumite
    1,000 Posts First Anniversary Name Dropper
    Royal Bank of Scotland (RBS) is the clearing bank partner for Close Brothers Savings. 
  • LHW99
    LHW99 Posts: 5,488 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    It's nt uncommon. Several of the smaller banks work this way, using a bigger bank to handle the actual money collection part. Presumably you have to put something like an account ref and your initial / surname as the payment reference?
    Sometimes the KYC systems get in a tizz over it, so double check all the details before you click "proceed anyway"
  • Ok thanks guys.
    makes sense now.

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