The opening deposit into your savings account must be received from an account in your name.
If you are a new or existing customer opening a new account, you can pay into your account once the myaccounts team have confirmed by secure message that your account has been successfully opened.
If you are an existing customer, you can pay into your existing accounts at any time.
The Society uses NatWest bank to receive funds and providing the customer has given us the correct reference (their 10-digit Newbury Building Society account number) the funds will be credited to their mortgage or savings account. Please note, funds can take up to one working day to show in your Newbury Building Society account.
Banks/building societies have their own limits for electronic money transfers, depending on the limits will depend on which details will need to be used.
Higher limits may require the CHAPS details (but always advise customers to check with their bank before sending a payment).
When setting up a new standing order or making a one-off payment using Faster Payments from 10 May 2024, please use the details below:
| Account name | If paying an individual, use their name as it appears on the account. If paying a business, use the business name as it appears on the account. |
| Sort code | 62-28-74 |
| Account number | 00000000 |
| Reference number | Your 10 digit Newbury Building Society account number. |
| Account type | Select 'personal' unless you are paying into an account that is in a business name, in which case, select 'business' |
From 10 May 2024, we are implenting changes to the Confirmation of Payee service (CoP), which lets you know if the account details you have entered are either;
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a match,
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a close match, or,
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no match to the details we hold.
CoP helps to reduce misdirected payments and provides you with extra reassurance that your payments are going to the right account. For more information on the changes, please visit our Confirmation of Payee page.
CHAPS
CHAPS payments may incur a cost with the customers' bank/building society.
| Account name | If paying an individual, use their name as it appears on the account. If paying a business, use the business name as it appears on the account. |
| Sort code | 60-15-07 |
| Account number | 16270851 |
| Reference number | Your 10 digit Newbury Building Society account number. |
| Account type | Select 'personal' unless you are paying into an account that is in a business name, in which case select 'business' |
If you are concerned or would like to speak to a member of the myaccounts team please contact us on 0800 988 4857 during our opening hours.
You can send a cheque payable to the account holder to our Head Office (myaccounts team, 90 Bartholomew Street, Newbury, Berkshire, RG14 5EE) or take it to any of our branches.
We accept cash in all our branches. Please contact us if you have a large number of coins to deposit to check what the limits are. We advise against sending cash via the post.
