Contact and Help - Personal Banking
Can I use a bankers draft for my opening deposit?
No. If you have applied for your Account by sending your application to us in the post, your opening deposit must be made by cheque. The cheque must be drawn on your personal sterling account held in your name. And made payable to yourself. We can also accept counter cheques, as long as they've been correctly endorsed on the back by the other bank. Your bank will need to stamp, sign and date the back of the cheque and confirm that the funds are drawn from an account in your name.
When you apply for an account online your opening deposit can only be transferred electronically from your nominated account. Please do not send a cheque.
More from the same category of FAQs:
- What currency does the deposit guarantee scheme pay out in, and how quickly?
- What is FATCA?
- How much am I protected for through the deposit guarantee scheme?
- What is the Investor Compensation Scheme?
- Which products are covered by the deposit guarantee scheme?