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Regular savers requiring deposits from one account only
Comments
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IIUC I think Ecology Building Society might also require this - from https://www.ecology.co.uk/wp-content/uploads/2026/05/EBS-General-Savings-Terms-and-Conditions.pdf:
8.2. You can make deposits into your savings account by transferring funds by Faster Payment, CHAPS or Standing Order from a linked account in your name. Your account opening email or letter contains details about making payments.
https://www.ecology.co.uk/wp-content/uploads/2026/07/EBS-Ecology-Regular-Saver-Product-Conditions.pdf mentions that transfers can also be made from another Ecology account:
Deposits can be made from your linked bank account by standing order or bank transfer, or by transferring funds from another Ecology account.
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Correct I fund my Newcastle BS accounts from different bank accounts.
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Are there not a group that require the first payment from the nominated account and then allow it to be moved? Scottish BS insisted on a cheque for the first payment and I made the account that was drawn from my nominated account with them, but I have since funded from another account as well.
I think there are some that say nominated account only but don't enforce it (Progressive?)
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I fund Newcastle and Teachers from other accounts. It's only the first deposits they want from nominated account.
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I always funded Progressive from other, not nominated, account. There was no requirement for funding from NA in t&c either. The requirement was that the first deposit should be made from the account held in your name or debit card.
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OK I've removed Newcastle but I'm reluctant to do the same with Teachers after the hassle I had with them when making my second payment. Unless they've relaxed the rule since?
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I first funded Teachers RS on 4th June from nominated bank account. Next 3 payments were made from a different account, had no problems, funds arrived and credited on the dates I've sent them.
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Unless you've had a different kind of hassle, the returned second payments were the result of the use of the temporary reference (which Teachers had said were for one payment only.)
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I've removed it. The hassle I experienced revolved around me returning a missed call and them not knowing what they called me about! (system wasn't down or anything like that). I distinctly remember them insisting that the second payment should come from the nominated account because that was VM, whose app was on a lost phone. I had to reapply to VM for browser access to eventually make the payment. I'm making another payment today (because VM wouldn't make it yesterday; daily max of £1000 to external accounts ☹). If it gets returned, then they are going straight back on the list!
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