Payments from your Offset Savings account | Existing Customers | Accord Mortgages
Payments from your Offset Savings account
How to send money from your Accord Offset savings account
There are a few options when it comes to sending money from your Accord Offset Savings accounts.
How it works
Login to your online account and select the savings account you wish to transfer from.
Click 'Transfer money' under the 'Account options' menu.
You can choose to send money to an account already listed or select 'Transfer to a new account'. Enter a payment amount.
If you are sending money to a new destination account, you will need to enter a sort code, account number and a name for the payee.
Click 'confirm' to complete the transaction.
Payments from your Accord offset savings account to an external account will be sent via Faster Payments. Faster Payments is a service that allows you to move money electronically between accounts at different banks and building societies. Standing orders can also be sent using this service, subject to payment limits. There are no withdrawal limits for sending money from your accounts using this service, subject to your available account balance.
The cut-off time for processing these payments online is midnight.
Under normal circumstances a Faster Payment should arrive at the destination account the following day after the transfer was made - however, this is not guaranteed and on occasions the transfer may take longer.
There is no charge for making a Faster Payment or Standing Order.
There is also no charge for the failure of a Standing Order due to insufficient funds in an account. However if you're aware that a payment is due to be debited from your account you should make every effort to ensure that there are sufficient funds available to make the payment.
If you don't have online access to your account, you can still request a transfer via Faster Payment by downloading a Request to withdraw form and sending a completed copy to:
Customer Service Centre - Admin - Savings
Please note, this form can also be used if you wish to raise a payment via cheque.