We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

originator 940451?

Options
hotcookie101
hotcookie101 Posts: 2,060 Forumite
Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
in Budgeting & bank accounts
Hi, I have just noticed a DD on my bank account with payee ref 940451. the dd is called MTG then lots of numbers. Does anyone have any idea what this would be? is if for HSBC mortgages as have just applied to change mortgage :confused:
thanks :)

Comments

  • dunstonh
    dunstonh Posts: 119,687 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    MTG is the common abbreviation for mortgage. Your bank will have the name and address of the originator if its not available to you via online banking. So, you can always phone them if you are not sure.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • ExperiMentor
    ExperiMentor Posts: 8 Forumite
    Thanks for this. I found this thread using Google for "Originator 940451".

    I had been trying to find out what a new DD for "MTG 11111122222222" and "Originator 940451" was. The data and amount did not help me.
    It is indeed HSBC Mortgages, with 111111 being the sortcode and 22222222 being the account number for the mortgage account.

    I hope this helps someone else, but really DD originators should be obliged to use meaningful descriptions.
  • rb10
    rb10 Posts: 6,334 Forumite
    ExperiMentor wrote: »
    It is indeed HSBC Mortgages, with 111111 being the sortcode and 22222222 being the account number for the mortgage account.

    11-11-11 is a Halifax sort code ... I don't imagine that HSBC use Halifax for their mortgage collections account.
  • chambta
    chambta Posts: 2,770 Forumite
    Part of the Furniture Combo Breaker
    HSBC mortgages definitely.
  • pmduk
    pmduk Posts: 10,682 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    rb10 wrote: »
    11-11-11 is a Halifax sort code ... I don't imagine that HSBC use Halifax for their mortgage collections account.

    The author was giving an example of how the number is made up.
  • rb10
    rb10 Posts: 6,334 Forumite
    pmduk wrote: »
    The author was giving an example of how the number is made up.

    Ah... my apologies.

    I thought it was a collection account for HSBC mortgages ... bit strange that they'd put it on the DD though ... thanks for pointing that out.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture