Managing your savings account

Managing your savings account

Our savings accounts can be managed in branch or by post. Existing members can register for SBS Online and manage their accounts there.

If you have existing savings or mortgage accounts, you can register to manage them online. SBS Online lets you safely and securely make transactions on your savings account(s) and view your recent mortgage transactions online. For more information, check out our FAQ page.

 

Paying money into your savings account

 

You can make deposits into your savings account in any of our branches by cash or cheque, by post (cheques only), or by bank transfer or using an eligible debit card. Please note debit card payments are capped at £1000.

 

If you want to pay in by Bank Transfer

 

You can use the account details below to make a bank transfer or set up a standing order:

Name: Scottish Building Society (not your own name)

Sort Code: 83-06-08

Account No: 00255419

Reference: Your Scottish Building Society account number (without spaces, dots or dashes)*

*It’s really important to use your Scottish Building Society account number so we can be sure your money is credited to your account.

 

Confirmation of Payee

 

Confirmation of Payee (CoP) is an account name checking service that can help avoid payments going to the wrong account

As a business account, Scottish Building Society is not included in the scope of the CoP service. Because of this, you might see “Not possible to verify account details" when transferring funds from another bank

Don’t worry, though, as long as the account details are entered correctly as shown above, the transfer will be processed as requested.

 

Deposits by phone

 

You can pay in up to £1000 using an eligible debit card by calling us on 0333 207 4007.

Lines open 9-5 Mon to Fri (10-5 Wed). Calls may be recorded and/or monitored.

 

Withdrawing money from your savings account

 

Withdrawals from your account can be in branch or by post:

 

Withdrawals in Branch

 

Subject to your account terms and conditions, you can withdraw up to £1000 in cash from any of our branches during normal opening hours.

We can also issue cheques or arrange a bank transfer for special one-off expenses such as a new car or holiday.

 

Withdrawals by post

 

Please download and fill in a Bank Transfer Form and return to us at:

Scottish Building Society

SBS House

193 Dalry Road

Edinburgh

EH11 2EF