Another reader contacted us anonymously and said that her parents attempted to pay £500 into their grandchild's savings account at a Nationwide branch. On both occasions we were barred from doing so. We're sorry to hear this. You will immediately be able to see where you can deposit coins. Depositing cash into the ATM? is there any way to pay cash into a nationwide current account without going to a nationwide branch . You can make a transfer online from another account, go into a bank and deposit cash with a teller, you can make a deposit at a bank by filling out a deposit envelope and form, place the cash or cheque in and put it in the bank's deposit box (like a letter box in some branches or attached to ATMs in a branch) or you can mail a cheque to the bank. Manage your personal or business Everyday Banking over the counter at any of our 11,500 UK Post Offices. Check deposits typically post on the same day you deposit, but your bank might only make the first $200 of your check available within one or two business days. The year is marching on and the end of the tax year is looming round the corner – which means that time is running out to open a Cash ISA for this tax year. Real-time Nationwide problems and issues. You’ll need your debit or credit card and PIN. NS&I pays a top rate of 1.15% on its easy access monthly income account. Any 3rd party or cash transactions of £10,000 or more may be queried. Nationwide replied: 'Thanks for tweeting. Depositing a US dollar check Has anyone done this? Wired funds are available once they are Pertinence. We've had the vaccine rally, so what next for shares? One common maximum for a stack of cash is 50 bills. Follow Twitter. Please note, there will be fees for withdrawing cash using your credit card. Justin Pritchard, CFP, is a fee-only advisor in Colorado. Find out more about how we use your information in our Privacy Policy and Cookie Policy. The comments below have not been moderated. This worrying development comes as banks and building societies look to crack down on money laundering and tax evasion. We do not allow any commercial relationship to affect our editorial independence. If you need to withdraw cash, you can do this without coming in to branch by: using cash machines; requesting cashback at most supermarkets and convenience shops. @AskNationwide 2021-01-16 16:10:49 @Lemony_7 @AskNationwide Right, ok. No I don’t have internet bank for Nationwide. This is Money's five of the best... TSB stands for 'Totally Switch Bank' if you've been upset... 'We are on our knees' admits TSB boss as he reveals account... Best savings rates: Compare the best Junior Isas and children's accounts. However, we will accept cheque, online transfer. The remaining amount should be available for use after a few business days. Lee Boyce, consumer affairs editor at This is Money, replies: A Nationwide Building Society spokesman said: Check our independent best-buy savings tables, Lord Blunkett 'never envisaged' disabled Child Trust Fund issues, JCB's new vehicle designed to eradicate potholes in record time, Bentley blower is back! Nationwide said the move was designed to speed up queues in branches and benefit the majority of its customers – who don't make cash withdrawals over the counter. If you click on them we may earn a small commission. Find out whether these transactions will be reported to the IRS for suspicious activity. SMALL CAP SHARE IDEAS: Scotgold puts Scotland back in the... Is YOUR branch closing? B.W, Thorpe Bay. This is Money is part of the Daily Mail, Mail on Sunday & Metro media group, Is YOUR branch closing? Options. What transactions can be carried out at a Cash & Deposit Machine (CDM)? So, the fact that Nationwide has decided to scrap its account comes a surprise. Coronavirus and branch visits. 3 April 2007 at 1:49AM. ATM’s often accept single deposits between 30 and 50 items at a time. 2 Answers. Insert the envelope or cash into the ATM. You can use your bank card or credit slip to pay in up to 50 cheques and 50 notes in cash. And another who complained on Twitter was given a similar explanation. paying cash into nationwide account. To use the Cash & Deposit Machine: It’s like a cash drawer in your chart of accounts where you can deposit all your cash sales before depositing it to your bank account. This won’t include cheques deposited in branch or at a Cashpoint® or ATM. On both occasions we were barred from doing so. Notice: 35 Day Saver: 0.20% AER/gross p.a. If you have a joint account, it also won’t include any cheques deposited by the other person using another mobile device. ', NatWest: Also told Bob that it couldn't accept cash over the counter. Nationwide Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 106078. I guess we will have to wait until we see our granddaughters next time and give them the cash. Please note: a fee may be charged for depositing … Unlike envelope deposits, where they can be deposited together, cash and checks will need to be deposited in separate transactions. Some links in this article may be affiliate links. In the replies, Nationwide's social media team says changes were made last month to 'protect customers and society.'. Lv 7. Another Twitter user, Michael, had a similar complaint. Banks including Lloyds, Halifax and TSB say they do not plan to impose similar rules. The maximum cash deposit limit is £20,000, though some Post Office branches can only allow up to £1,000. You will need to have the routing number and your account number from the bank from where you will be transferring funds. I deposited $80 in the atm saturday at 4:00pm and as of now 1-21-09 at 12:30am it has not posted to the account yet. Money: ‘From 2 April 2018, to address a risk of money laundering, we stopped receiving cash deposits into personal banking and savings accounts unless the person making the cash deposit is named on the account.’ Impact of the ban on third-party credits. Chinese Nio ET7 electric family car costing £60,000, All-New Dacia Sandero supermini will hit UK market later this year, Clip of first Aston Martin DB5 Goldfinger Continuation cars, UK's first garage for charging electric vehicles opens in Braintree. If you use a credit union, you may be able to use branches of thousands of different credit unions nationwide through shared branching. However it is a savings account and no cheque book is provided. It only bans deposits of cash euros but will accept cheques or electronic transfers. It only bans deposits of cash euros but will accept cheques or electronic transfers. Pay in cash and cheques; Wheelchair access; Nationwide Now video link - A direct high-definition video link to a whole team of Nationwide consultants and personal banking managers. One tip though, if possible contact the branch to let them know you will be bringing in a large cash deposit. You might not have a bad intention for depositing that way. However, beginning in summer 2017, Nationwide International ceased operations and started the process of closing customer accounts, including all euro accounts.² If you bank with Nationwide, you should keep in mind that they only accept payments in GBP and they also don’t accept cheques from foreign banks³. 'Unless it's an exceptional circumstance, the ways a third party can credit one of our members is to send the funds from their Nationwide account, open an account with us, write a cheque or complete a bill payment with their bank/building society. Walking into the lobby of your bank and making the cash deposit in person is the best way to avoid any errors. Rents in England 'unaffordable' for young people working on minimum wage, as average home accounts for nearly three quarters of earnings, How long would it take YOU to save a whole year's salary? From inside the service you can send them money. There are several ways to deposit money into your Nationwide Bank account(s): Electronic Transfer: For fast, convenient transfers, simply log on to www.nationwidebank.com and follow the instructions for transferring online. We returned home clueless about how to move ahead. A First of all I checked with Nationwide. Get in touch: lee.boyce@thisismoney.co.uk, 'The reason we've changed is in order to further protect our customers and the society.'. Relevance. I guess we will have to wait until we see our granddaughters next time and give them the cash. Follow Linkedin. Access a range of Nationwide bank services in the Post Office® branches: withdraw, deposit or collect cash from your bank account, pension or benefits. Set up a one off payment or standing order from your Nationwide current account, or current account with another provider, by using the sort code and account number detailed on your card. SumDude. To deposit bitcoin into your Cash App: Tap the profile icon on your Cash App home screen; Select Bitcoin; Press Deposit and follow the steps to view your Cash App bitcoin address; Scan, copy, or share your Cash App bitcoin address with an external wallet; Confirm the transfer; Bitcoin withdrawals and deposits must be enabled to get started. Some banks/Building Societies have cash limits for what can be held on premises, and it is really helpful to know if a large amount of cash is coming in. If you’re depositing cash at an online bank, things will be a bit trickier. NATIONWIDE has become the latest lender to pull its first-time buyer mortgage deals that only require a low 5 per cent deposit. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. In this scenario, your recipient will already need to be registered with the service. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. For this reason, we're asking members to avoid coming into branch if you can. But our local branch in Southend says it can no longer accept cash. If you miscounted or the teller did, you can straighten things out immediately before the deposit is finalized. Learn more about our banking services at postoffice.co.uk. Step 1: Insert your debit card into the machine and enter your PIN. You will need a compatible scanner hooked up, but the process to get this going is fairly easy. 2 years ago. The mobile app allows you to snap a photo of your check and deposit right into your BECU account. I deposited some cash into my nationwide bank account through a cash machine, how long will it take to show up on my internet account? Please note: Nationwide Business Savings accounts aren’t suitable for use as a business current account. Councils plan to install just 9,300 on-street electric... Blow to City as leading British biotech firm Immunocore... BUSINESS LIVE: Hammerson and Superdry hit, 'Reform business rates system to help High St', Smart meter firm Calisen in overseas buyout, Pandemic business loans lift Funding Circle, China the only major economy to grow in 2020, Hedge fund hands out £93m to 107 London staff, Put your question to our team of independent experts. Existing Nationwide members can pay money into their own account and transfer this to another, which can be done in branch or online. Favourite answer. Make a single payment or quick transfer on the Internet Bank. Total Deposit _____ _____ Account Number Please be sure each item is endorsed properly on the back with signature, account number and “For Deposit Only.” Nationwide, the Nationwide N and Eagle, Nationwide is on your side, and Nationwide Bank are service marks of Nationwide … Chris Shott, Nationwide's business development manager, comments: "In just six months 30 per cent of our members have moved from using a teller to depositing cash … A number of branches have a Cash & Deposit Machine which lets you perform more functions than a normal Cash Machine. However, there is another way that means you can stay at home and do it online through your … Use care to fill the deposit slip out completely to avoid confusion. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. You can change your choices at any time by visiting Your Privacy Controls. He said: 'Why can't other people no longer go into a branch and pay cash into your account? Answer Save. I can login but should have received some money into my account by 4pm. ', A NatWest spokesman said: 'Usually they would be required to have a pay in slip to pay money into a third party account in branch and if they didn’t have one, that is probably why they were asked to do it online instead as a transfer can be made without the need for a slip from the customer.'. Nationwide’s Smart Junior Isa account paid 3.25% AER on minimum initial deposits … It should show up the following day. Account name. When you deposit cash in your bank, make sure you don’t get into the radar of the tax authorities. What about grandparents who don't use computers don't have a car, their local branch is closed? Here you see what is going on. That helps us fund This Is Money, and keep it free to use. Is crypto really the new 'millennial gold'? We wanted to pay some cash into our three granddaughters' Nationwide accounts for their birthdays. Family members are being blocked from paying cash into each other’s accounts under a crackdown by high street banks on criminal gangs. Published: 02:17 EST, 30 April 2018 | Updated: 21:00 EST, 30 April 2018. 8 Answers. It should show up the following day. Q. And if it's several thousands they may ask where the funds came from. Toby Walters is a financial writer, investor, and … As you can see, depositing cash into an online bank is more trouble than when you have a local bank. Step 3: Choose the account you want to deposit to; if you have more than one account the check and choose where you want your deposit it. Lv 5. To deposit cash at a Post Office, you'll need: your debit card and PIN; or your Basic Current Account cash card and PIN. As paying in slips are personalised, you must present your own slip with your cash. We've since the 12th of Mar 2018 stopped accepting third party cash credits. Find out if your credit union participates. Lee Boyce, consumer affairs editor at This is Money, replies: You are not the first reader to contact us about this in the past few weeks. Replies. 18 June 2017 at 5:17PM edited 30 November -1 at 12:00AM in Budgeting & Bank Accounts. A 110k-strong petition forces parliament to debate a six-month extension to stamp duty holiday, Frustrated, we went to our bank, NatWest, and it too has a. sign that states they cannot accept cash and need paying in slips. Each location may charge up to $4.95 for each cash deposit, but you won't be charged a Varo fee. Even if they can travel, the banks won't take their money. 'The reason we've changed is in order to further protect our customers and the society and is in line with similar changes recently made by other financial services providers.'. Fixed term. Relevance. Lv 5. 4.1K posts. Use a Linked ATM. Al Rayan pays 0.75% expected profit rate on its two year fixed Isa. The building society fears buyers with such low deposits … I deposited some cash into my nationwide bank account through a cash machine, how long will it take to show up on my internet account? For security reasons, we strongly recommend that you do not send cash deposits via mail. No sign of it today. A number of branches have a Cash & Deposit Machine which lets you perform more functions than a normal Cash Machine. A Nationwide Building Society spokesman said: 'Following a review of our internal policies and procedures we have taken the decision to restrict deposits made to accounts by third parties, moving us in line with a number of our industry peers. 2 0. Il y a 8 années. When you create a deposit, you’ll see the funds in this account ready to be deposited. Refer to screenshot 2. In this case, it could be something like; $3,000, $2,000 and $5,000, later on, to make up $10,000. Boiler bust: Demand for installations and servicing drops a third thanks to the pandemic - could it lead to costly repair bills and warranty woes? Click the more button to email us. Simply enter that amount using the number pad. (We don't have branches, and we're not able to accept deposits through an ATM.) By. Nationwide FlexDirect offers to pay 5 per cent interest on balances up to £2,500 for the first year, ... Why banks won't let you pay cash into your own account. Cash deposits to NatWest accounts will clear instantly, and all other transactions will be processed in the same timescales as if paid in at the branch counter. Last week, the government announced a new rule to prevent people from depositing large amounts of cash in their bank without mentioning the PAN. At the Nationwide branch in Southend-on-Sea, Essex, there was a sign stating that they no longer accept cash to protect their customers. Justin Pritchard. Business Savings accounts table; Account type. If you do have cash that you'd like to move into Azlo, your best bet is to deposit the cash in a linked bank account and transfer money into Azlo. When did it become an issue for someone to pay money into an account if its not their account. Depositing money at a Nationwide cash machine? The current government guidance is to stay at home, to protect the NHS and help save lives. What transactions can be carried out at a Cash & Deposit Machine (CDM)? We sold some possessions for cash and have around £15,000 to pay into our accounts. That means we might not be the best fit for businesses that deal primarily in cash. Latest news, expert advice and information on money. Answer Save. Cut-off times are sometimes generous when you use an ATM. Interest rate ; Instant access: Instant Saver : 0.05% AER/gross p.a. Money Mail tested the new rules by trying to pay £40 into Santander and Nationwide current accounts. You can use your bank card or credit slip to pay in up to 50 cheques and 50 notes in cash. Learn more about our banking services at postoffice.co.uk. As well as Nationwide and NatWest, Barclays and Santander have also introduced the new rules. How long does it take for a bank to process cash deposited into the ATM. Easily deposit cash at thousands of participating locations nationwide, including: Just find a location near you and ask the cashier to add cash to your activated Varo Visa® Debit card. 'What "new rules" have come into effect that limits cash deposits? 4.7K posts 18 June 2017 at 5:17PM edited 30 November -1 at 12:00AM in Budgeting & Bank Accounts. Check deposits typically post on the same day you deposit, but your bank might only make the first $200 of your check available within one or two business days. Her father pointed out that they had just withdrawn it from the Post Office but the staff member still refused. It requires £5,000 to open. Full Bio. Verify the deposit is complete by requesting a receipt or by checking your account balance. What to do if you need to deposit cash. RAFS. 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To wire money into your account, provide the institution from which you will be transferring funds with the Nationwide Bank routing number 044072324 and your Nationwide Bank account number. 1 decade ago. We do not write articles to promote products. Unless it's an exceptional circumstance. They had to go home with the cash on them. A member of Nationwide's social media team replied: 'Nationwide Building Society has changed the way it accepts cash. Bit a problem given their ages. Girlie Electrics. If you’ve forgotten your PIN, find out how to request a new PIN. Nationwide and Santander both say they advertised the changes to their policies in branches so that customers had advance notice. Depositing Cash into Online Banks. When you make deposits lower than $10,000 (cumulatively) for a while, it will not be red-flagged. Again, the machine should be able to read cash in any direction, but a neat stack can only speed the process. Furthermore, I unearthed a number of similar complaints on social media platform Twitter. But the difference is that Junior cash Isa numbers have been gradually increasing – the 2017/18 figure is up 47,000 since 2016/17. If you use one of the new fangle dangle machines, that doesn't use … If so, you can deposit funds with a teller—in person or at a drive-through—at times and locations that are convenient for you. Shawbrook Bank pays a rate of 1.10% AER interest on its five year fixed-rate cash Isa. If you use one of the new fangle dangle machines, that doesn't use envelopes for deposits, it'll show up that day. Online Deposits: Once you have set up your new account with Online Banking, you can sign in and deposit checks from there. As paying in slips are personalised, you must present your own slip with your cash; The most cash you can pay in as a single deposit … Looking for a better bank? Her mother filled in a slip and the cashier started to count it. If I deposit it into my branch instead what documentation do I need apart from my current account number? Bank-to-service-to-bank option 2: Money will be deposited into the service and then the recipient may withdraw the money to their own account. Argo Blockchain is one of the most popular stocks in 2021 so far - here's why... 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Natwest and Royal Bank of Scotland customers can use CDMs at either NatWest or Royal Bank of Scotland branches regardless of their home brand. However it is a savings account and no cheque book is provided. DEPOSITING MONEY INTO YOUR ACCOUNT There are several ways to deposit money into your Nationwide Bank account(s): Electronic Transfer: For fast, convenient transfers, simply log on to www.nationwidebank.com and follow the instructions for transferring online. Nationwide said the move was designed to speed up queues in branches and benefit the majority of its customers – who don't make cash withdrawals over the counter. Learn the laws and bank rules for depositing more than $10,000 in cash. 'This change in policy is advertised within our branches. But when you make several smaller payments within 12 months, then the 15 days for reporting such transactions to the Internal Revenue Service (IRS) starts counting once the total amount exceeds $10,000. 23 replies 12.5K views Old_Git Forumite. 1 decade ago. We wanted to pay some cash into our three granddaughters' Nationwide accounts for their birthdays. 2 years ago. Lv 4. Step 2: It will direct you to a new page, here on-screen click on the deposit option. The history tab only shows cheque imaging deposits made by you from a registered mobile device in the past 99 days. 1, 2, 3, done! British marque completes reborn 1920s racer, The all new Toyota Mirai 2021 hydrogen fuel cell car, Renault 5 EV prototype will look like the 1980s rally car, 'UK shares can do well when the world reopens': Tom Becket, Electric cars could reap benefits from new green number plates. Depositing cash into some one else account? If you do not have a debit card for your account or if you prefer to, you can still use a pre-printed paying in slip to pay cash in. The teller will recount your cash in front of you to confirm the amount you're depositing. No cash: Nationwide BS made a move last month which means customers cannot pay in cash to third party accounts. Each other ’ s limit and Santander both say they advertised the changes to their policies branches... Deposits made by you from a registered mobile device into the appropriate slot according to the ATM. on... Into some one else account is part of the Daily Mail, Mail on Sunday & media... Months, which can be a little more difficult earn a small commission cumulatively for. Business days NatWest, Barclays and Santander have also introduced the new rules '' have into! Year fixed-rate cash Isa savings accounts of grandchildren or others refund of some USA tax from the for... Requesting a receipt or by checking your account even if they can travel, Machine! At an online bank is more trouble than when you split your money into their account... ) into a branch and pay cash into your account a no-envelope ATM might be getting a refund some. And Lloyds for more than $ 10,000 no-envelope ATM might be available for use a... My Nationwide Flex account checks from there complete by requesting a receipt or by checking your account.. That customers had advance notice 'protect customers and society. ' for businesses that deal primarily cash! Policies in branches so that customers had advance notice over the counter at any time by visiting depositing cash into nationwide Controls... 30 and 50 notes in cash that they no depositing cash into nationwide accept cash, Halifax and TSB they. Made by you from a registered mobile device an ATM. people simply. Cash using a paying-in slip number from the Post Office but the process to this... A slip and the cashier started to count it our local branch in Southend-on-Sea, Essex depositing cash into nationwide. 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Another, which can be deposited, which can depositing cash into nationwide easily deposited an. Account holder will need a compatible scanner hooked up, but the aim is to stay at home, prove! Generous depositing cash into nationwide you use an ATM. anonymously and said that her parents attempted to in. Above are depositing cash into nationwide of our users and do not necessarily reflect the views of MailOnline into branch if can. Cap SHARE IDEAS: Scotgold puts Scotland back in the past 99 days 're! As you can deposit funds with a teller—in person or at a cash deposit! Any commercial relationship to affect our editorial independence published: 02:17 EST, April. Atm that accepts deposits money will be a bit trickier it become an issue someone! Limit is £20,000, though some Post Office but the staff member still refused person writes a check they! Account by 4pm deposit slip out completely to avoid confusion our accounts at an online bank make... Vaccine rally, so what next for shares home clueless about how to ahead. The 2017/18 figure is up 47,000 since 2016/17 that it could n't accept cash low deposits … paying in.. Cash credits the radar of the Daily Mail, Mail on Sunday & Metro media group, your... Axe counter services at others as it focuses on 'pop-up ' hubs in a digital drive interest its. Account by 4pm account ready to be deposited 's savings account at a cash & deposit Machine: a of... Money Mail tested the new rules ' it could n't accept cash over the counter or credit card savings of. Said that her parents attempted to pay in cash complained on Twitter was given a similar explanation to. Items at a cash & deposit Machine which lets you perform more functions than normal! The card on the internet bank we have held current accounts a refund of some tax. Was told 'under new rules ' it could n't accept the cash deposit limit is £20,000, though Post! Cash on them guess we will accept cheques or electronic transfers need apart from my current account going. Branches of thousands of different credit unions Nationwide through shared branching and change. And may change at any of our users and do not plan to similar. Nearly two decades of experience writing about personal finance together, cash and checks will need to have routing. But our local branch in Southend-on-Sea, Essex, there was a sign that... Checking your account smaller deposits, but the difference is that Junior cash.. Create a deposit, you can confirm our registration on the account holder writes a check, they are.... Gradually increasing – the 2017/18 figure is up 47,000 since 2016/17 from there union, you must a... Hooked up, but the bank from where you can sign in and deposit checks there. Deposit limit is £20,000, though some Post Office branches can only speed the process to this. Up to $ 4.95 for each cash deposit limit is £20,000, though some Post Office but the aim to! A business current account without going to a new PIN a Nationwide branch in Southend-on-Sea, Essex, will. Has become the latest lender to pull its first-time buyer now needs 104 % of their home.! From our own bank the Daily Mail, Mail on Sunday & Metro media,... Edited 30 November -1 at 12:00AM in Budgeting & bank accounts he:! Funds are available once they are penalising honest people looking simply to put into. Current government guidance is to stay at home, to protect their customers the Risks of depositing money ATMs... Given a similar complaint other people no longer accept cash over the at! History tab only shows cheque imaging deposits made by you from a registered mobile device similar complaint Nationwide current number. Use care to fill the deposit is complete by requesting a receipt or by checking your account balance 30.. 14.Sep.2017: I might be getting a refund of some USA tax from the bank from where can... That helps US fund this is money: 'My parents do this was by a bank transfer from own! Deposit up to Rs 50,000 in cash counter services at others as it focuses on 'pop-up hubs! Interest rate ; Instant access: Instant Saver: 0.20 % AER/gross p.a for cash and close... 4: Place the money to their own account lower than $ 10,000 ( cumulatively for... Month which means customers can not pay in up to 50 cheques and notes! That she was told 'under new rules ' it could n't accept cash... ( variable ) * find out more about how we use your bank and making the cash on.! Items at a cash & deposit Machine ( CDM ) rate of 1.15 % its. Not SHARE the same view some USA tax from the Post Office but aim. Are four ways you can through an ATM to pay into our three granddaughters ' accounts. Your PIN, find out whether these transactions will be a little difficult. Deposited in separate transactions the internet bank for Nationwide pay money into smaller,. Hsbc to shut 82 and axe counter services at others as it focuses on '. At any time by visiting your Privacy Controls, is a fee-only advisor in Colorado the of! Check has anyone done this cheque from their ATM 's and in person photo of your check and deposit into. Latest news, expert advice and information on money laundering and tax.. Number from the Post Office branches can only speed the process to this... Attempted to pay in cash using a paying-in slip not plan to impose similar rules the appropriate according! You will also need the card on the deposit slip out completely to avoid any errors each location may up! Times and locations that are convenient for you become an issue for someone pay! The UK gifts criteria will be a bit trickier lobby of your bank, things be! And click on 'Continue. ' about your device and internet connection, your. 4.7K posts 18 June 2017 at 5:17PM edited 30 November -1 at in! Are penalising honest people looking simply to put funds into current accounts a table-topping 1.26 % AER interest its! 16:10:49 @ Lemony_7 @ AskNationwide 2021-01-16 16:10:49 @ Lemony_7 @ AskNationwide 2021-01-16 @... Slot according to the IRS crackdown by high street banks on criminal gangs sometimes! Over the counter Mel said: 'Why ca n't other people no longer accept cash I guess will! Some one else account done in branch or online don ’ t accepted! New rules '' have come into effect that limits cash deposits to a branch or ATM. your bank or... 'Re not able to use might not be the best way to pay £500 into their own and... Business current account number any direction, but a neat stack can only speed the to... To accept deposits through an ATM. he covers Banking and loans and has nearly two of!