The Top Regular Savers Discussion Thread

masonic

DodgerPot said:

masonic said:

Needless to say, it would be unwise to email a scan of your passport or driving licence. 

Can I ask why ? I’ve done the same previously when opening bank accounts 

As above, but also it is a store-and-forward protocol, with no encryption at rest, copies may be available on intermediate servers on the way to Scottish BS.

So all in all it does put one at increased risk of identity theft.

It's possible this is a legacy form that is no longer used. I don't think it would be compliant with recent data protection legislation or regulatory requirements around securing personal information.

Aidanmc

DodgerPot said:

masonic said:

Needless to say, it would be unwise to email a scan of your passport or driving licence. 

Can I ask why ? I’ve done the same previously when opening bank accounts 

I have also done it.
Sent application form and photo of drivers licence to open Loughborough accounts

20122013

masonic said:

DodgerPot said:

masonic said:

Needless to say, it would be unwise to email a scan of your passport or driving licence. 

Can I ask why ? I’ve done the same previously when opening bank accounts 

As above, but also it is a store-and-forward protocol, with no encryption at rest, copies may be available on intermediate servers on the way to Scottish BS.

So all in all it does put one at increased risk of identity theft.

It's possible this is a legacy form that is no longer used. I don't think it would be compliant with recent data protection legislation or regulatory requirements around securing personal information.

If sending copy of passport via post, can a watermark be added to it? 

eddie7612

Haven't checked the Scottish BS ID list but usually banks accept an HMRC letter as ID - sending this and a bill or bank statement doesn't seem too valuable to post.

flaneurs_lobster

eddie7612 said:

Haven't checked the Scottish BS ID list but usually banks accept an HMRC letter as ID - sending this and a bill or bank statement doesn't seem too valuable to post.

Yep, Tax Notification letter dated within the current financial year.

masonic

20122013 said:

masonic said:

DodgerPot said:

masonic said:

Needless to say, it would be unwise to email a scan of your passport or driving licence. 

Can I ask why ? I’ve done the same previously when opening bank accounts 

As above, but also it is a store-and-forward protocol, with no encryption at rest, copies may be available on intermediate servers on the way to Scottish BS.

So all in all it does put one at increased risk of identity theft.

It's possible this is a legacy form that is no longer used. I don't think it would be compliant with recent data protection legislation or regulatory requirements around securing personal information.

If sending copy of passport via post, can a watermark be added to it? 

I don't know - you could ask them. I'd think it unlikely they'd accept a digitally altered image, but you never know. Sending by post is typically more secure than email.

s71hj

TSB monthly saver
Am I right that I can withdraw funds from this with no interest or other penalty. The rate is no longer as competitive at 6% and I need the funds for other regular savers.

nomorekids

s71hj said:

TSB monthly saver
Am I right that I can withdraw funds from this with no interest or other penalty. The rate is no longer as competitive at 6% and I need the funds for other regular savers.

yes thats fine, I have this morning too raided our TSB reg savers to fund higher rates 

jaypers

s71hj said:

TSB monthly saver
Am I right that I can withdraw funds from this with no interest or other penalty. The rate is no longer as competitive at 6% and I need the funds for other regular savers.

You do know it’s fixed don’t you, so if you took it out as 6% it will remain 6% until maturity? Only new accounts are 5%

flaneurs_lobster

Scottish BS

Hattie627 said:

It's been years since Scottish BS offered a decent RS rate. Wonder if it's fixed?

Variable - details now on their website.