The Old Regular Savers Discussion Thread 28/12/24-29/1/26

Slinky

OK, since we're back on topic again, I did ask about a gazillion pages back but never got any response. 

Furness BS credit standing orders made on the 1st to my account on the 2nd. Has anyone tried paying on the last day of the month to be credited on 1st of following month, which would, for the first month, technically be 2 payments in the same month?  Did it work?

Confused_Dog

Slinky said:

OK, since we're back on topic again, I did ask about a gazillion pages back but never got any response. 

Furness BS credit standing orders made on the 1st to my account on the 2nd. Has anyone tried paying on the last day of the month to be credited on 1st of following month, which would, for the first month, technically be 2 payments in the same month?  Did it work?

The Furness website states for bank transfers....

"The payment will normally reach the account no later than the end of the following working day (Monday – Friday excluding Bank Holidays)."

So its unlikely a payment made in from a members current account on the 31st October 2025 (a Friday) would show up on the account until Monday 3rd November 2025, the next working day.  The question and it is probably worth a call or e-mail to Furness BS to ask if they would get their sonic screwdriver out and start interest from the day it came out of your account, which you'd think would be on the statements from their bank.   Some of the building societies will do that.

Chaykin

Slinky said:

Furness BS credit standing orders made on the 1st to my account on the 2nd. Has anyone tried paying on the last day of the month to be credited on 1st of following month, which would, for the first month, technically be 2 payments in the same month?  Did it work?

I have this RS too and would like to know. I'm up for experimenting with this and I am going to do the £500.00 transfer first thing on Fri 31st of Oct 2025 and report back.

surreysaver

That's the Newcastle Monument Regular Saver successfully opened!
Shame the new Greggs pub is closed for a private event today  :'(

Bridlington1

Anyone else unable to make deposits into Manchester BS's regular savers?

I was able to make my initial deposit last month but this month's has bounced.

They've since said a letter sent to my address was returned and that they shan't accept deposits into the account until they've verified a copy of my passport and proof of address, which I sent over a week ago and have heard nothing back since then.

surreysaver

Bridlington1 said:

Anyone else unable to make deposits into Manchester BS's regular savers?

I was able to make my initial deposit last month but this month's has bounced.

They've since said a letter sent to my address was returned and that they shan't accept deposits into the account until they've verified a copy of my passport and proof of address, which I sent over a week ago and have heard nothing back since then.

I made this month's deposit on the 3rd and it hasn't bounced. I'll go online later and check it arrived okay 

EDIT Just checked; it arrived okay 

Hattie627

Bridlington1 said:

Anyone else unable to make deposits into Manchester BS's regular savers?

I was able to make my initial deposit last month but this month's has bounced.

They've since said a letter sent to my address was returned and that they shan't accept deposits into the account until they've verified a copy of my passport and proof of address, which I sent over a week ago and have heard nothing back since then.

Made my second deposit on 1st October by SO and hasn't bounced. Balance now £1K

s71hj

Chaykin said:

Slinky said:

Furness BS credit standing orders made on the 1st to my account on the 2nd. Has anyone tried paying on the last day of the month to be credited on 1st of following month, which would, for the first month, technically be 2 payments in the same month?  Did it work?

I have this RS too and would like to know. I'm up for experimenting with this and I am going to do the £500.00 transfer first thing on Fri 31st of Oct 2025 and report back.

Is this the 4% RS? 

friolento

Bridlington1 said:

Anyone else unable to make deposits into Manchester BS's regular savers?

I was able to make my initial deposit last month but this month's has bounced.

They've since said a letter sent to my address was returned and that they shan't accept deposits into the account until they've verified a copy of my passport and proof of address, which I sent over a week ago and have heard nothing back since then.

My SO for October was processed on Oct 1 by MBS, as I had hoped they would do. They hadn't asked me for ID, so I presume they could verify me electronically.

clairec666

Bridlington1 said:

Anyone else unable to make deposits into Manchester BS's regular savers?

I was able to make my initial deposit last month but this month's has bounced.

They've since said a letter sent to my address was returned and that they shan't accept deposits into the account until they've verified a copy of my passport and proof of address, which I sent over a week ago and have heard nothing back since then.

I made a deposit yesterday and it hasn't bounced, received text and email confirmation that they had received it. I haven't been asked for any proof of ID or address. When did you get asked for this? I only opened the account a few days ago.