The Top Regular Savers Discussion Thread

Kim_13

s71hj said:

flaneurs_lobster said:

s71hj said:

BestSeagull said:

masonic said:

gt94sss2 said:

fuzzzzy said:

jameseonline said:

Stargunner said:

Kim_13 said:

Stargunner said:

I applied for the Scottish BS RS this morning by email.
Just had an email from them advising that the account is now open and ready to be funded. They have asked me to post them a cheque. I have emailed them back advising that I don’t have a cheque book, and  have asked if I can do a bank transfer from my nominated bank .

Thanks, please let us know what they say. If it's necessary to post a cheque then there's little point to an emailed application, as it doesn't save the postage.

Just had the following email response from them 

Regrettably, for postal applications, the initial payment must be made by personal cheque drawn from a UK Bank or Building Society account in your name. This requirement is stated at the bottom of our application form.

Please confirm whether you are able to provide a cheque from an account held in your name. Unfortunately, if this is not possible, we will be unable to proceed with your application.

Cheque only?, how archaic 

I would not be so bothered about the cheque requirements, I can dig out my old cheque book. I'm more bothered by the ID requirements. Does everyone need to supply ID, can they not verify anyone electronically? 

My reading of Scottish BS's requirements was that you didn't need to email your id documents to them and that were only needed if electronic verification failed.

I could be wrong. Their website/pdf on this is unclear..

Emailing the postal application form is a non-standard way of applying. It is not an online application, as you cannot apply for this account online. Therefore the relevant section will be for postal applications:

Easiest and safest option, although not cheapest, is to post the application, ID and cheque together. One person mentioned getting them to send an application form by post. Perhaps this would arrive with a postage paid return envelope.

Scottish BS. I was told they do provide a pre-paid envelope with the application package, so hopefully this is correct. I went ahead and applied by email yesterday but my plan is to send the cheque, plus any additional ID if they request it, using their envelope when it arrives.

Is there a way to get them to send you an application form with envelope - I can only see a link  to download the form. 

Ring them up and ask?

An Internet search came up with this:
The Scottish Building Society freepost address is Freepost RLYC-AAGE-YURH, Scottish Building Society, SBS House, 193 Dalry Road, Edinburgh EH11 2EF. This address can be used to send correspondence without needing a
 stamp. 

We'll know whether it's correct or not when the requested envelopes land - which would surely have the same Freepost letters if so?

Hattie627

Scottish BS RS

I've just posted my application form to Edinburgh this morning, with a second-class stamp unfortunately (didn't see the Freepost address until after posting). Included a cheque for the opening deposit of £250 (cheque payable to myself) and photocopies (uncertified) of passport and driving licence (followed the stipulations for postal applications laid out in the SBS "proving you identity" leaflet, available on their website). 

roked

I just got a call from Scottish BS RS regarding my application (it came up as suspected spam on my phone).

Its all gone though but my request to send the initial payment via bank transfer (I wrote it on the application form as per the suggestion on here) was 'not possible' and I have to send a cheque via post within 14 days. After that I can pay in online or bank transfer. They are sending out an envelope for me to return the cheque.  

jaypers

I think for many of us it’s a bit of a game. I actually enjoy the 1st of the month and moving money around…….and before anyone says, I know I can automate a lot of it but I don’t want to. 

s71hj

roked said:

I just got a call from Scottish BS RS regarding my application (it came up as suspected spam on my phone).

Its all gone though but my request to send the initial payment via bank transfer (I wrote it on the application form as per the suggestion on here) was 'not possible' and I have to send a cheque via post within 14 days. After that I can pay in online or bank transfer. They are sending out an envelope for me to return the cheque.  

Did you post or email the form. If email did you do a wet signature or electronic? 

Aidanmc

Re Scottish BS
Has everyone who applied via email received a response from them?

roked

s71hj said:

roked said:

I just got a call from Scottish BS RS regarding my application (it came up as suspected spam on my phone).

Its all gone though but my request to send the initial payment via bank transfer (I wrote it on the application form as per the suggestion on here) was 'not possible' and I have to send a cheque via post within 14 days. After that I can pay in online or bank transfer. They are sending out an envelope for me to return the cheque.  

Did you post or email the form. If email did you do a wet signature or electronic? 

Emailed it (along with my passport) and I did a wet signature, I have a printer / scanner.

Kim_13

jaypers said:

I think for many of us it’s a bit of a game. I actually enjoy the 1st of the month and moving money around…….and before anyone says, I know I can automate a lot of it but I don’t want to. 

Me too. I do it manually due to funds often arriving from an EA on the 1st, also issues with others’ SOs going too early in the morning and leading to returned payments. Then there is funding different numbers of accounts each month.

mon3ysav3r

jaypers said:

I think for many of us it’s a bit of a game. I actually enjoy the 1st of the month and moving money around…….and before anyone says, I know I can automate a lot of it but I don’t want to. 

I also enjoy the 1st and manually moving money - However, the 1st Nov 2025 is a Saturday, that might delay things as not much point sending money to a Building Society at the weekend that won't process it until Monday the 3rd! 

Slinky

A thought occured to me today about Furness BS, who credit payments sent on 1st on the 2nd, has anyone successfully tried sending payment on the last day of the month to be credited on 1st following month?