Paying in

Each Skipton account may have different options for paying in. Please refer to your savings product account terms and conditions to check how and when payments in are allowed.

Electronic payments

You can transfer money into your account from another bank or building society. The details you’ll need are:

Sending money from a UK bank or building society

  • Account holder name: Skipton Building Society
  • Sort code: 20-78-91
  • Account number: 70798924
  • Reference: your 9-digit Skipton account number

Important Information

We use Barclays for our banking services. So, when you are receiving or sending payments, the transaction may show up on your records as Barclays.

When setting up Skipton Building Society as a new payee, you may be asked by your provider what type of payee you would like to set up. Please select ‘business’ or ‘large business’ and remember to add your account number as the reference.

Skipton is part of the Faster Payments network which means payments from most UK banks will be applied to your account within 2 hours of the payment being sent, regardless of the day or time they have arrived.

For Faster Payments sent on a weekend, bank holiday or after the evening cut-off (typically 6:00 pm) we won’t receive the funds until the next working day. This means that, even though the money might show in your Skipton account, it will not start to earn interest until the next working day.

You should check with your provider what their cut-off time is for sending Faster Payments.

Details to send money from overseas

  • International Bank Account Number (IBAN): GB03BARC20789170798924
  • Swift code: BARCGB22
  • Reference: your 9-digit Skipton account number

Important information on overseas transfers

  • Interest accrues from the day we receive the payment. The day we receive the money will depend on when the payment instruction was made to the payer’s bank or building society, and any cut-off point.
  • CHAPS payments are guaranteed to be received and cleared by close of business on the same working day that the payer's bank or building society sends the funds, provided they are sent before the provider's cut off time. Please note, your provider may charge an admin fee for this service.
  • Faster Payments sent by other providers will be processed and applied to your account within 2 hours of receipt, regardless of the day or time they arrived.

    Skipton is part of the Faster Payments network which means payments from most UK banks will be applied to your account within 2 hours of the payment being sent, regardless of the day or time they have arrived.

    For Faster Payments sent on a weekend, bank holiday or after the evening cut-off (typically 6:00 pm) we won’t receive the funds until the next working day. This means that, even though the money might show in your Skipton account, it will not start to earn interest until the next working day.

  • You should check with your provider as to when their cut-off time is for both Faster Payments and CHAPS.
  • Withdrawals against electronic payments (Faster Payments and CHAPS) can be made immediately upon receipt of the funds.

Debit Card

Important information when paying in with debit cards

If you pay money into your account using your debit card, we wont receive the money until 2 business days after you carry out the transaction.

Account opened in branch, post or phone

You can pay in using a debit card in any of our branches or by calling us.

Account opened online

You can pay in using a debit card through Skipton Online, via the Skipton app, in any branch or by calling us on 0345 608 0783

Cheque

Please make your cheque payable to the account holder’s name and write your 9-digit Skipton account number on the back. Then visit any branch or send it to:

Customer Delivery
Skipton Building Society
Principal Office
The Bailey
Skipton
BD23 1DN

Please note:

  • The money will start to earn interest no later than 2 business days after it has been paid in.
  • We do not accept non-sterling cheques.
  • Withdrawals against cheques paid into your account can be made on the fourth working day (including the day of deposit).

Cash

Visit any branch (we’ll need to see some photographic ID for the first cash payment into an online account). Interest accrues from the date we receive your payment.

Please note, we do not accept foreign currency.

Standing Order

If you’d like to set up a Standing Order to make regular payments into your account from a UK bank or building society, you’ll need to download and complete a Standing Order Mandate Form. Once completed, return the form to the bank or building society you’re sending the money from.

We will ensure interest accrues from the day we receive payment.

Standing Order Mandate Form

Financial Services Compensation Scheme

Your eligible deposits with Skipton Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.

Learn more about the FSCS

FSCS - Protecting Your Money
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