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Standing orders to Trading 212

Neither my Barclays account nor my Chase account recognise the details I put in for my Trading 212 ISA to set up a standing order? Any ideas?

Comments

  • gravel_2
    gravel_2 Posts: 628 Forumite
    Seventh Anniversary 500 Posts Name Dropper Combo Breaker
    What do you mean it doesn't recognise them? Confirmation of payee?
  • jimjames
    jimjames Posts: 18,723 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Can you do a DD instead?
    Remember the saying: if it looks too good to be true it almost certainly is.
  • It doesn’t recognise the name on the account so when you go to set up the standing order it won’t let me coz it says the details don’t match. I can’t see a way of getting it to set up a direct debit?
  • WastedWords
    WastedWords Posts: 105 Forumite
    100 Posts Third Anniversary Name Dropper
    Are you putting your name or Trading 212?
  • Andy7856
    Andy7856 Posts: 260 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 7 February at 10:02AM
    I would speak to Trading 212 who will confirm the name.  I believe the payee is JP Morgan not your name or Trading 212.    Or that is what my bank recognises.  I was a bit sceptic,  so I sent a £1, then withdrew that £1, then placed back in as  over precaution. 


  • WastedWords
    WastedWords Posts: 105 Forumite
    100 Posts Third Anniversary Name Dropper
    edited 7 February at 11:58AM
    (Edited)
    Ensure you select business account not personal. 
    Beneficiary/Payee name (business name) is Trading 212 UK Limited. 
    Sort code will identify the bank (JPMorgan Chase Bank)
    Your account number goes in reference field. 

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