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    • Sally1000
    • By Sally1000 13th Jan 18, 1:37 PM
    • 2Posts
    • 0Thanks
    Payments into NS&I
    • #1
    • 13th Jan 18, 1:37 PM
    Payments into NS&I 13th Jan 18 at 1:37 PM
    Quick question... I will have some residue over from the sale of my house, and want the solicitor to pay direct into my NS&I Direct Saver. It's slightly more complicated because it has to be paid into NS&I holding acct, and my account number put in as the reference. Am I right in assuming this information is correct (I have had contrasting information from NS&I), and has anyone experienced this process? Many thanks for an interesting and informative forum Martin and Co!
Page 1
    • xylophone
    • By xylophone 13th Jan 18, 2:10 PM
    • 25,563 Posts
    • 15,097 Thanks
    • #2
    • 13th Jan 18, 2:10 PM
    • #2
    • 13th Jan 18, 2:10 PM

    Direct Saver

    All your deposits must be from a UK bank account in your own name.
    • agrinnall
    • By agrinnall 13th Jan 18, 4:11 PM
    • 20,321 Posts
    • 16,078 Thanks
    • #3
    • 13th Jan 18, 4:11 PM
    • #3
    • 13th Jan 18, 4:11 PM
    I put money from a house sale into a Direct Saver account and there was no need to go through a NS&I holding account, I simply did Faster Payments directly into the Direct Saver, although that was from another of my own accounts so I was compliant with the rule that xylaphone has posted. This was a few years ago so it's possible that it's changed since then - I no longer use the account, although it is still open.
    • capital0ne
    • By capital0ne 13th Jan 18, 4:32 PM
    • 524 Posts
    • 254 Thanks
    • #4
    • 13th Jan 18, 4:32 PM
    • #4
    • 13th Jan 18, 4:32 PM
    I pay into mine by debit card in my own name from my own current account
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