Basic Current Account
The Basic Current Account
Opening your Basic
What to expect once we have
opened your account
Your cash card
Keeping track of your money
Making banking easy
The basic Current account makes managing your money easy and straightforward. This guide tells you everything you need to know about opening and using your account. The basic Current account makes it easy for you to manage your money from your own home with Online banking, Telephone banking, Mobile banking or at the post office and Santander branches in the Uk.
Where we mention Santander branches in this guide, we mean Santander branches in the Uk.
n a cash card for easy access to your
money through Santander and LInk cash machines in the Uk.
n You can manage your money online, on
your mobile, over the phone, or at any post office or Santander branch in the Uk. Please see the Making payments section on page 5 for more details.
n You can pay regular bills by Direct Debit
or standing orders.
n We do not pay credit interest on money
in your account.
n However, there is no overdraft
or chequebook facility.
We’ve made it easy for you to open your basic Current account. In this pack are the forms you need to fill in and send back to us, and other documents to help you do this.
To apply you must:
n fill in the enclosed application form; n get two forms of identification, (or only
one form of identification if you have another type of account at Santander), as explained at the start of the application form; and
n send black and white photocopies of
both forms of identification (originals not required) and a filled-in and signed application form in the envelope provided. Whether we accept your application will depend on your circumstances. We may not be able to offer you an account if you have been declared bankrupt or have another current account in the Uk.
When you apply we will approach a Credit Reference agency to confirm some information about you for fraud, identification and eligibility checking purposes. a record of our request will not be seen by others and our decision will not be based on a credit score. We will send you a letter within seven working days to let you know whether we have accepted your application.
If you have any questions about your application, you can call us on
The Basic Current
n Your cash card and personal identification
number (PIn) will come through the post to you within 10 working days of us accepting your application. We will send you your PIn separately to the card.
n You’ll get your first bank statement a
month after you open the account.
n Your sort code and your eight-digit
account number will be shown on your account confirmation letter, which you’ll receive within seven working days of your account being opened.
It’s a good idea to do the followingn Register for Telephone and Online banking
so you can keep up to date with your money 24 hours a day. For Telephone and Online banking, you can do this on the enclosed application form. For Mobile banking, using your mobile phone, just type m.santander.co.uk into your mobile’s internet browser. To use Mobile banking, you will need to have registered and logged on to Online banking at least once.
n For added security, change the PIn that
we send you. The first time you use your card, use the PIn we have given to you. You can then use a Santander cash machine to change the PIn to any four-digit number you choose.
Choose PIN services
Follow the instructions on the screen
n Read our Interest Rates and Fees
Information leaflet which includes details of our charges and fees. Please ask in your local branch for this leaflet or you can also print a copy from our website at www.santander.co.uk
Your cash card
You can use your cash card to take money out of Santander cash machines in the Uk free of charge. You can also use cash machines which display the LInk symbol, and we will not charge you for this. Cash machines give you access to your money 24 hours a day, seven days a week. Other companies may charge you for using cash machines. Please see our Interest Rates and Fees Information leaflet for more information or you can also print a copy from our website at www.santander.co.uk
We usually send your cash card in the post. Sometimes, you may have to collect it from a branch for security reasons. If this happens, we will send you a letter to let you know it is there. You will need to bring identification, such as a passport or driving licence when you collect your card.
What to expect
once we have
We will send you a statement each month to help you keep track of your money. It will give you a breakdown of all the transactions on your account that have taken place since your previous statement. You can also get an instant mini-statement from any Santander cash machine in the Uk, over the phone using the Telephone banking service, or by using Online or Mobile banking. You can also check your balance over the phone, at any cash machine and at post offices in the Uk, and online.
You can also use Online and Telephone banking, which you can apply for on your account application form. as part of the Online banking service we offer free text message and email account alerts to help you keep informed about your money. The maximum amount you may have at any time in your account is £10,000.
We have a range of options that allow you to make payments into or out of your account in the way that suits you best. These are:
n standing orders; n Direct Debits; and n a bill-payment service.
Paying in cash
You can pay in cash and cheques at any Santander branch cash machine, or Santander branch in the Uk.
Knowing when your cash is available
If you pay cash in at a cash machine, the money will be made available to you before 12 midnight of the following working day after the day it is paid in.
You can use your card at any Santander or LInk cash machine to withdraw cash. You can withdraw money over the counter in our branches, as long as your withdrawals are not less than £300.
Please call us on 0845 972 4724 if you need more information, or see the Interest Rates and Fees Information leaflet.
Keeping track of
Knowing when cheques have cleared
If you pay in a cheque over the counter, the money will normally be available on the fourth working day after it is paid in. This does not mean that the cheque has cleared. If a cheque is later returned unpaid, we will take the amount out of your account up to and including the sixth working day after the day you paid the cheque into your account. The timescales in the table below are for cheques paid in over the counter at a branch
and show when we aim to make funds available to you. If you pay cheques in using a Santander cash machine, there will be an extra working day before you can withdraw the money and be certain that the money is yours. The timescales given in this table are only a general guide as to when we aim to make funds available to you. The time it takes us to process cheques in a currency other than sterling will vary. Separate conditions apply to paying in foreign currency cheques.
Cheque clearance timescales
Day cheque paid in Day we allow you to withdraw the money Day you can be sure the money is yours
You can pay your salary or any other income (for example, benefits, standing orders from other people and so on) into your account automatically.
You can tell us to pay a set amount out of your account on a regular basis. This can go into any other account; for example, a savings account or someone else’s account (for example, to pay rent each month). To set up a standing order, simply fill in a form telling us who to pay, how often and what the amount is. Please give us seven days to deal with your request. You can use Online banking or visit any Santander branch to set up a standing order.
Cancelling or changing your standing order
If you need to cancel or change your standing order, you can do so over the phone, through Online banking or in a branch. You must tell us the day before the payment is due to go out of your account.
If you need to make regular payments to suppliers, for example, to pay hire-purchase amounts, gas, electricity or water bills and so on, you can authorise organisations to take money out of your account on a regular basis. Some organisations offer a discount if you pay by Direct Debit.
To set up a Direct Debit, get a form from the company you want to pay. Remember to give the Santander address when you fill it in. as long as you have given permission in writing (by signing the form) and the company has been approved by its own bankers, we will arrange for the company to collect the money direct from your account.
The Direct Debit Guarantee
The form you fill in should have a guarantee attached. If there is a mistake with your Direct Debit, you are entitled to a full refund.
If the form does not have a guarantee, the payment is known as a recurring transaction and is not protected in the same way as a guaranteed Direct Debit. also, you may not be asked to sign anything and a transaction may take place without you receiving anything in writing relating to the payment.
Cancelling your Direct Debit
When you set up your bill payments, we will give you a two-digit number for each bill. You need to use this number to identify the bill that you want to pay when you make payments by phone, Online banking or through a cash machine. You can pay as much or as little of the bill as you want.
Fees on your accountUnpaid Transaction Fees
basic Current accounts do not offer overdraft facilities. Each time you ask us to make a payment and there isn’t enough money in your account to cover it, we will not pay it and we will charge you an Unpaid Transaction Fee of £25.
Unpaid Transaction Fee £25
We offer you several convenient ways to send and receive money worldwide. The method you choose really depends on how much money is involved, and how quickly you need to move it.
n Send a small, non-urgent payment to
someone abroad, in a foreign currency.
n Send money quickly (in either sterling
or in a foreign currency) to a non-Uk current account.
For more information on how much we charge for this service, please ask in branch to see our Interest Rates and Fees Information leaflet.
Send a small, non-urgent payment to someone abroad
We suggest you use a currency draft. This works just like a cheque, except it’s drawn in local currency on a foreign bank.
ask for a currency draft at your branch. Two days after the money is taken from your account, we can send the draft to you, or you can collect it from the Santander branch where you ordered it.
Then, simply send it to the person you want to pay.
The exchange rate we use will be the rate on the day that we take the money from your account.
Send money quickly to a non-UK current account
If you need to get money to someone quickly, use a telegraphic transfer. This allows you to send money direct to someone’s current account as long as you have the correct account information for the person you want to pay and the details of their bank.
If you’re transferring money to a country in the European Union (including Iceland, Liechtenstein and norway), the money should normally arrive in the account of the person you want to pay no later than the end of the working day following the working day on which we receive the instruction.
If you’re transferring money to other countries, these timescales might be different. Please check with your local branch.
The exchange rate we use will be the rate on the day we take the money from your account.
Please make sure you bring your basic cash card and proof of your ID. We may also ask you some standard security questions about your account. For more details of other acceptable identification, please call 0845 972 4724.
Receive money from someone who has a non-UK current account
any telegraphic transfer we receive for you, from a bank that is abroad, will be in your account by close of business on the day we receive the payment using our exchange rate on that day.
Paying in a cheque in a foreign currency
You can pay cheques in foreign currency into your account as long as they’ve been made payable to you and are no more than six months old. We use two different ways to clear these cheques.
We will normally send the cheque to the bank it came from, asking for payment on your behalf. In this case, we’ll need to wait to receive the money before paying it into your account. Just so that you know, cheques cleared this way usually take between four and eight weeks to clear, depending on the country they come from. Or, we can decide to pay money into your account within six working days without needing to receive confirmation of clearance from the bank on which the cheque was drawn. However, we can take the money out of your account if the cheque is later returned unpaid. If this happens, we will make extra charges.
Making banking easy
With over 1,400 Santander branches across the Uk, online access 24 hours a day, a dedicated telephone team available seven days a week, and access to your account at post offices, you can manage your money how you want at a time convenient to you.
Access at a glance
Branch Santander cash machine* Telephone Banking Online Banking Mobile Banking iPhone app
Check your balance and get a mini-statement ✓ ✓ ✓ ✓ ✓ ✓
Order a copy statement ✓ ✓ ✓ ✓ ✗ ✗
Transfer money to a Santander account ✓ ✓ ✓ ✓ ✓ ✓
Transfer money to another
current account(see note 1) ✓ ✓ ✓ ✓ ✓ ✓
Pay a bill ✓ ✓ ✓ ✓ ✓ ✓
View your standing orders and Direct Debits ✓ ✓ ✓ ✓ ✗ ✗
Set up a standing order or bill payment ✓ ✗ ✓ ✓ ✗ ✗
Order a new card if yours is damaged ✓ ✗ ✓ ✓ ✗ ✗
Set up account alerts** ✗ ✗ ✗ ✓ ✓ ✓
Manage account alerts** ✗ ✗ ✗ ✓ ✓ ✓
Your account is in safe hands
We understand how important it is for you to know your details are protected. That’s why we have introduced security measures on our Telephone, Online and Mobile banking. This means that only you will be able to have access to your account.
Remote access in three easy steps
Registering for Telephone and Online banking is simple and you can do it over the phone, online or when you apply for your account on your application form. Just follow these easy steps.
1 Call us on 0845 972 4724
2 We will send you a Telephone banking number (Tbn).
3 Call 0845 972 4724 with your card number and Tbn so you can manage your account.
There are two options to manage your account by phone, using either the automated service (which is available 24 hours a day) or by speaking to a customer service adviser (Monday to Saturday 7am to 11pm and Sunday 8am to 10pm).
1 Go online at www.santander.co.uk, call us on 0845 972 4724 or speak to an adviser in any branch.
2 We will send you a Personal ID and Passcode. We will then send you your Registration number.
3 Log on to Personal Online banking at www.santander.co.uk to manage your account.
You can now manage your accounts on the go with our Mobile banking service. 1 To access our Mobile banking service, you
need to be registered for Online banking and have logged on to www.santander.co.uk at least once.
a card that can only be used in cash machines to take money out or put it in. It also allows you to use other services at a cash machine; for example, to check how much money you have in your account
When you pay a cheque into your account, we have to check that there is enough money in the other person’s account and then get it from their bank. The time it takes is called the cheque-clearance timescales.
This is a simple, direct way for companies to take money from your account if you authorise them to do so. You can use it to pay regular bills, such as gas, electricity or mobile phone bills. The company asks us for the money automatically each month. With some bills, for example phone bills, the amount that the company takes may change each month.
LINK cash machines
LInk is a Uk network of cash machines. You can use LInk cards to take out money from cash machines where you see the LInk sign.
This is the service that allows you to manage your money online. It is another name for
Online Banking Registration number
We use this, along with your Passcode, to confirm your identity when you use Online banking.
This is your personal identification number. It is a four-digit number that we give you with your cash card. You need to type in your PIn when you take money out of a cash machine. You should never reveal your PIn to anyone else. as long as only you know the PIn, then only you can use your cards.
Where we have referred to Santander branches in this guide, it relates to those Santander branches based in the Uk.
This is your telephone banking number. It helps us to identify you when you bank with us by phone. as a result it helps to keep your account secure. You should not reveal it to anyone else.
Basic Account Specific Conditions
These Specific Conditions are in addition to the General Terms and Conditions for Current accounts and Savings accounts (‘the General Conditions’).
A1 Eligibility and balance limits
a1.1 To open an account you must be 16 or over and not already have a basic account with us.
a1.2 The maximum amount you may have at any time in your account is £10,000.
A2 Joint accounts
a2.1 Subject to a2.2, two of you (but not more) may have an account in joint names.
a2.2 In some limited circumstances, an account may be opened in sole name only. If this applies, we will tell you at the time of application.
A3 Paying money in
a) You may pay money into your account over the counter in our branches or by using your card at some of our cash machines. You may only pay in sterling bank notes or coins and sterling cheques made payable to you.
b) You cannot pay money in at a Post Office.
A4 Taking money out
a4.1 In addition to the means stated in the General Conditions, you can carry out transactions at the Post Office. This is limited to two transactions a day per account. There is also a limit to the amount of money you can take out in any one day and we will tell you how much this is before you open your account.
Our overdraft services are not available on the basic account.
A6 Unpaid Transactions
a6.1 If you try to make a payment from your account, without enough money in it to cover that amount:
a) we will not let you have that money or make that payment; and
www.santander.co.uk/alternativeformats for more information, ask an adviser in branch or give us a call.