Joint savings accounts where the coowners are friends or family members will be instructed to divide the funds depending on what each party has contributed. Online saver easy access savings accounts post office. To open a post office savings account, visit any near by post office and submit the dulyfilled and signed form along with the above mentioned required kyc documents, passport size photographs and the minimum balance amount. This trial was extended to over 200 branches across the uk in 2014. Below is a list of the main types of savings accounts the post office currently offers. The an post money current account lets you take control of your money with handy features like savings wallets and customised alerts. Post office money savings accounts are provided by bank of ireland uk. The easiest way to retrace lost or dormant bank and savings accounts is to use the. Post office time deposit account td interest payable, rates, periodicity etc. How to open post office savings account online documents. Some of the post office savings accounts allow you to deposit and withdraw cash whenever you want, whereas others lock your money in until the end of the agreed term. See below for the latest post office savings rates available and compare with the other savings deal options above. It continues to provide banking services at post offices and, at the same time, some separated branches.
Download an application form pdf, 709kb online, fill it in and drop it into your local post office with the necessary documents. Unlike so many banks i can still do this in my local small town. These can be accessed in branch, online or by telephone. The post office savings account is the deposit scheme offered by the department of post on which fixed interest is paid.
Three accounts were offered, a standard account with optional overdraft, a basic bank. You can later transfer the account from one post office to another if required. Savings accounts raisin uk savings marketplace raisin uk. This will enable post office account holders to transfer money. Have savings account with the post office, got married and advised of my new married name simple. Fill out the reclaim form in the link and send it to post office money current accounts, po box 86, armagh, bt61 obl or you can. How to find lost or dormant bank and savings accounts which. Its easy to open when you have a valid form of photo i.
If youre aged 16 18, youll need to verify your name call us on 0800 169 7500 for a list of acceptable id. Regular savings accounts tend to pay the best rates, but access is limited and you are required to pay in money each month most pay a fixed rate of interest so the rate wont change during the term. An post an post money current account money an post. You can obtain the current value and any other details about your account by calling or writing to us. Post office money is a financial services brand operated by post office ltd which provides credit cards, current accounts, insurance products, mortgages and personal loans to customers in the united kingdom through post office branches, the internet and telephone post office money was launched in 2015 to provide an umbrella brand for all financial services provided through post office ltd. The financial services compensation scheme, or the fscs, is the uk s independent compensation service for customers as a last resort if your bank. I opened an online savings account but needed to contact to go to the post office to submit my security checks. Who do i contact for queries on my post office current account. For security and protection, we can only do this if certain criteria are met which we will confirm when speak to you. Bank of ireland uk is a trading name of bank of ireland uk plc which is authorised by the prudential regulation authority and regulated by the financial conduct authority and the prudential. Bank of ireland uk is a trading name of bank of ireland uk plc which is authorised by the prudential regulation authority and regulated by the financial conduct authority and the prudential regulation authority under registration number 512956. In the peoples republic of china, the postal savings bank of china zh was split from china post in 2007 and established as a stateowned limited company. Isas allow you to earn interest on the money you earn without having to pay tax. Compare post office savings accounts putting money into a savings account can be a smart move, as long as you find the right one for your financial circumstances and saving goals.
It can be a good idea if youve got lots of money to save. With your debit card, you can earn as much as 200 a month when you shop with our moneyback partners such as lidl, supermacs, intersport elverys, an post. I closed my old savings account from another provider and decided to move my savings over to the post office due to better rates. Post office is the largest retail network and financial services chain in the uk, with more branches than all of the uk s banks and building societies put together. Dwp and other government departments are implementing a conversion campaign to encourage poca customers to convert to an alternative account to receive payment of pensions, benefits and tax credits. Details of your existing post office money account if you want to use this money to open your isa. Postal savings systems provide depositors who do not have access to banks a safe and. Note that there is a separate form for the senior citizen and to open a savings account, a post office savings bank. My parents put some money away when i was younger into a post office savings account national savings bank, used to be sent off every couple of years for the interest to be added on but as far as i am aware the accounts no longer exist, it hasnt been touched since about 2003 or so and as it was accidently. Around 34crore post office savings account holders will be able to avail a fullfledged digital banking service from may as the government has approved linking such accounts with that of india post payments bank. Post office savings account a savings account is a bank account you can deposit money into, which accumulates interest over a period of time meaning you get a little monetary. Post office savings accounts provide safe and secure banking in india and europe. You can get some great deals with post office savings accounts, whether you are looking for long term investment or instant access.
Just like a savings account in any scheduled bank, depositors can withdraw money from post office savings account as per their wishes and needs. Why wont post office deal with a simple request to close. Minimum amount for opening of account and maximum balance that can be retained. Date of maturity will be 5 years after date of opening.
You can go to your local post office to fill out an application and make your first deposit, or you can print one from the post office. The individual investors deposit a good portion of their financial assets in a postal savings account in order to. Bank of ireland uk is a trading name of bank of ireland uk plc which is authorised by. Onefamily is a trading name of family assurance friendly society limited incorporated under the friendly societies act 1992. When you think of the post office, savings account isnt the first thing that springs to. Post office provides taxfree saving options, with easy access to your accounts. An post how to open a current account money an post. But if the rate is variable, the lender could move it up or down at any time.
Bear in mind that the types of savings accounts the post office has could. All other post office money savings accounts are provided by bank of ireland uk. Get easy access to your savings accounts with post office. The post office online saver offers the highest easyaccess rate weve seen since february. Youve successfully logged out online isa application. You could put some into a oneyear fixed that pays the best savings rates and some into an easyaccess account, so you can get to the money easily if you need it. These accounts are intended only for children, and the account withdrawals may be limited to a certain number or amount. Onefamily is a trading name of family assurance friendly society limited incorporated under the friendly societies act 1992, reg. The post office offers a wide range of financial products, including savings, mortgages, foreign exchange, credit cards and insurance. Post office savings accounts are now provided by bank of ireland uk. Call into your local post office for an application form and return the completed form with the relevant documents. The original post office savings bank was limited to deposits of. Opening a savings account in the post office is very easy.
A savings account can be opened in any post office. Post office card account poca is a service provided by post office limited on behalf of the department for work and pensions dwp. If you want to open a joint account, both customers have to attend at the post office for identity. Goldman sachs cuts rate on its popular marcus account from 1. Continue reading to find out more about the financial and postal service provider with over 370 years of service. Well, five months later i still do not have a card that works so to pay money into my own account i have to make a transfer online and to withdraw money i have to call them to transfer to my bank account. Post office savings accounts simply savings accounts. Account can be extended for further 5 year by giving application at account office. You could be in line for a windfall one mse forum user found an old pension. I did a quick search but i still couldnt see a topic that seemed to cover the question. Call us on 0800 217 2749 to see if we can return your balance over the phone.
Post office limited is an appointed representative of bank of ireland uk plc which is authorised by the prudential regulation authority and regulated by the financial conduct authority and the prudential regulation authority. It means you can get the benefits from the best savings accounts, uk wide. You wanted me to arrange for you to be able to deal with post office money via the local post office counter to close the account, in which there were only a few pounds. Savings in post office money cash isas are deposited with bank of ireland uk.
This limit is applied to the total of any deposits you have with the following. If youve lots to save, you can open several different savings accounts. However, a depositor has to make sure that a minimum balance of. All individual savings accounts isas will be provided by onefamily, and the savings will be credited to bank of ireland uk. Bear in mind that the types of savings accounts the post office has could change at the drop of a hat, so its best to shop around for the most suitable account. The post office has today launched a marketleading easyaccess savings account paying 1. Bank of ireland uk plc and post office savings products provided by bank of ireland uk. Martin lewis, money saving expert, revealed his deals of the week today on this morning, and the best savings accounts to choose at the moment were high on. Post office online savings account application form. Discover the range of savings account from isas, easy access accounts. Quick and efficient service a convenient product that actually seems to care about individuals like me who dont want to have to travel 20 miles each way to visit a. So whether the account s yours or belonged to a deceased relative, its worth spending 10 minutes looking. The finance ministry has approved linking of savings bank accounts at post offices with ippb accounts. To close your post office card account please pick up an account closure form, p6703, from your local post office a small number of our branches may not hold or accept forms, or call the contact centre 0345 722 3344 to have a form sent to you.
What a mistake that was days later i am still calling them only to be told i now need to post in my passport and proof of address etc. Customers can call bank of ireland uk for support on 0800 917 2749, between 8am and 8pm weekdays and 8am to 6pm on saturdays and 10. How to open a post office savings account post office. A post office savings account for children in the uk can be a good way to teach children about the values of saving and the joys of investing. All individual savings accounts isas will be provided by onefamily, and the. How much old post office savings book balance worth today.
335 1597 970 1097 475 399 60 552 1569 812 951 1620 233 1477 556 1261 1362 990 422 51 944 1081 1087 700 555 1059 842 111 622 1069 1216 415 1454 573 337 957 345 799 1126 665 1432