Ever found yourself staring at your Nationwide account, wondering how to get money into it? Perhaps you've just received some cash, a cheque, or need to transfer funds from another bank. Don't worry, you're not alone! Nationwide offers a variety of convenient ways to deposit money, whether you prefer the traditional route or the ease of digital banking. This comprehensive guide will walk you through each method, step-by-step, ensuring your funds reach your Nationwide account smoothly and securely.
Step 1: Let's Figure Out Your Preferred Deposit Method First!
Before we dive into the nitty-gritty, let's consider how you want to pay money into your Nationwide account. Do you have physical cash, a cheque, or are you looking to transfer money electronically? Your answer will determine the best path forward.
 |
| How To Pay Money Into Nationwide |
Step 2: Depositing Cash into Your Nationwide Account
Got physical cash that needs a home in your Nationwide account? Here's how you can do it:
Sub-heading: At a Nationwide Branch (Over the Counter)
This is the classic way to deposit cash, and it's often the most straightforward for larger amounts or if you prefer a personal touch.
-
Locate Your Nearest Branch: Use the
Nationwide Branch Finder -
Gather Your Essentials:
- Your Nationwide debit card or account details.
- The cash you wish to deposit.
- Proof of identification (e.g., passport, driving license) may be required, especially for larger deposits or if you're not the account holder making the deposit. Nationwide generally requires the account holder themselves to deposit cash, particularly for smaller sums.
-
Approach the Counter: Speak to a Nationwide staff member at the counter.
-
Complete the Deposit Slip (if provided): Some branches might still use deposit slips, though many transactions are now handled electronically by the staff.
-
Hand Over Your Cash and Card/Details: The staff member will process your deposit.
-
Receive Your Receipt: Always ensure you get a receipt for your deposit and keep it safe for your records.
Daily Limit for Over-the-Counter Cash Deposits: You can typically deposit up to £5,000 per day into each account over the counter.
Sub-heading: Via a Nationwide Cash Machine (ATM)
Many Nationwide ATMs offer a cash deposit facility, providing a quick and convenient option, often outside of branch opening hours.
-
Find a Nationwide ATM with Deposit Functionality: These are usually found inside or directly outside Nationwide branches. Not all ATMs support deposits, so look for clear signage indicating this.
-
Insert Your Nationwide Card: Follow the on-screen prompts.
-
Select "Deposit Cash": Choose the option to deposit cash.
-
Insert Your Notes: The machine will typically have a slot for you to insert your notes directly. Be aware that there's usually a limit on the number of notes per transaction (e.g., up to 30 notes per envelope/transaction when using an envelope-based machine).
-
Confirm the Amount: The machine will count the cash and display the amount. Verify this carefully.
-
Get Your Receipt: A receipt confirming your deposit will be issued.
Daily Limit for ATM Cash Deposits: You can generally deposit up to £2,500 a day in cash via a Nationwide ATM.
Step 3: Depositing Cheques into Your Nationwide Account
Cheques are still a common way to receive money. Here's how to pay them into your Nationwide account:
QuickTip: Pay close attention to transitions.
Sub-heading: At a Nationwide Branch (Over the Counter)
Similar to cash deposits, this is a reliable method for cheques.
-
Visit Your Nearest Branch: As with cash, use the
Nationwide Branch Finder -
Endorse Your Cheque: Crucially, ensure you write your Nationwide account holder's name(s), signature, the date, your sort code and account number (or savings account number like 1234/123456789) clearly on the back of the cheque, on the right-hand side only. Leave the left-hand side blank.
-
Present to Staff: Hand over your endorsed cheque(s) and your Nationwide card/account details to the counter staff.
-
Receive Your Receipt: Always get a receipt.
Cheque Clearance Time: If deposited at a branch or inside-branch ATM before 7 pm (Monday to Friday), your cheque will typically clear by 11:59 pm the next working day.
Sub-heading: Via a Nationwide Cash Machine (ATM)
Some Nationwide ATMs allow for cheque deposits, often using an envelope system.
-
Find a Nationwide ATM with Cheque Deposit Functionality: These are usually located inside or directly outside a Nationwide branch.
-
Insert Your Nationwide Card: Follow the on-screen instructions.
-
Select "Deposit Cheque": The machine will often dispense an envelope.
-
Place Cheque(s) in Envelope: Ensure your cheque(s) are correctly endorsed as described above. Place them securely in the provided envelope.
-
Feed Envelope into Machine: Insert the sealed envelope back into the designated slot on the ATM.
-
Confirm and Get Receipt: The machine will confirm the deposit. Keep your receipt.
Cheque Clearance Time (External ATM): If deposited at an ATM outside a Nationwide branch, your cheque will be deposited when the branch next services the machine and will clear after another 2 working days. If deposited on a Saturday, Sunday, or bank holiday, the day of deposit will be the next working day. Daily Limit for ATM Cheque Deposits: You can typically deposit up to £2,000 per cheque, with a daily limit of up to £50,000 by cheque via an ATM.
Sub-heading: By Post (Cheques Only)
If you prefer to mail your cheques, Nationwide offers this option, but never send cash through the post.
-
Download and Complete the "Paying in Cheques Form": You can usually find this on the Nationwide website under their "Help with cheques" section.
-
Endorse Your Cheque(s): As mentioned above, ensure your cheques are correctly endorsed with your account details on the back.
-
Package Securely: Place the completed form and your endorsed cheque(s) in a secure envelope.
-
Address to Your Local Branch: Post it to your local Nationwide branch. You can find their address using the Branch Finder.
-
Allow for Postage Time: Remember to factor in postal delivery time.
Cheque Clearance Time (By Post): You'll usually be able to access your money 2 working days after Nationwide receives your cheques. The amount might appear as "pending" in your account before it becomes available.
Step 4: Transferring Money Electronically (Bank Transfers)
This is often the quickest and most convenient way to pay money into your Nationwide account from another bank account.
Sub-heading: Via Online Banking / Internet Bank
-
Log In to Your Other Bank's Online Banking: Access the online banking platform of the account from which you want to send money.
-
Navigate to "Payments" or "Transfers": Look for options like "Make a payment," "Send money," or "Transfer funds."
-
Add a New Payee (if not already added):
- You'll need Nationwide's sort code and your Nationwide account number. These can be found on your Nationwide debit card, statement, or by logging into your Nationwide Internet Bank or Banking App.
- Enter the recipient's name exactly as it appears on your Nationwide account.
- You may also need to provide a payment reference for your own records.
-
Enter the Amount: Specify how much money you want to transfer.
-
Confirm and Authorize: Review all the details carefully before confirming the transfer. You may need to use a card reader or a one-time passcode for security.
Faster Payments: Most bank transfers in the UK use the Faster Payments Service, meaning the money often arrives instantly or within a couple of hours, even if sent 24/7. Online Transfer Limits: Nationwide has payment limits. You can typically send up to £100,000 per payment via Faster Payments. However, for a new payee or someone you haven't paid many times before, the limit might be £25,000 per day online. You can check specific limits within your Nationwide Internet Bank or Banking app.
Sub-heading: Via Nationwide Banking App
The Nationwide Banking App provides a user-friendly way to manage your accounts and make transfers on the go.
QuickTip: Stop and think when you learn something new.
-
Download and Log In: Ensure you have the latest Nationwide Banking App (available on iOS and Android) and log in using your credentials (or Face/Fingerprint ID if enabled).
-
Select "Move Money" or "Payments": Navigate to the payment section within the app.
-
Choose "Pay a new person or company" or select an existing payee:
- Enter your Nationwide sort code and account number as the recipient details.
- Input the exact recipient name.
- Add a reference.
-
Enter the Amount: Input the sum you wish to transfer.
-
Review and Confirm: Double-check all details and confirm the payment. You might use facial recognition or a passnumber for verification.
Limits and Speed: The same Faster Payments limits and speeds apply as for online banking.
Sub-heading: CHAPS Payments (for Very Large Amounts)
For exceptionally large transfers (typically over £100,000), a CHAPS (Clearing House Automated Payment System) payment might be necessary.
-
Contact Nationwide or Visit a Branch: CHAPS payments are usually initiated directly with Nationwide, either by calling them or visiting a branch.
-
Provide Details: You'll need the recipient's bank details (Nationwide's sort code and your account number) and the exact amount.
-
Fees and Timescales: CHAPS payments usually incur a fee and have specific cut-off times for same-day processing (e.g., before 3 pm on a working day).
CHAPS payments have no maximum limit for sending money and are guaranteed to arrive the same working day if initiated before the cut-off time.
Step 5: Receiving Payments from Abroad (International Payments)
If someone is sending you money from outside the UK to your Nationwide account, they'll need specific details for an international transfer.
-
Provide Your IBAN (International Bank Account Number): This is a unique identifier for your account in international transactions. You can usually find your IBAN on your Nationwide statement or by logging into your Internet Bank.
-
Provide Nationwide's SWIFT/BIC Code: This is Nationwide's bank identification code for international transfers. Nationwide's SWIFT/BIC code is generally NBSLGB2L.
-
Your Full Name and Address: The sender will need your full name as it appears on your account and your registered address.
-
Nationwide's Name and Address: They might also need "Nationwide Building Society" and Nationwide's head office address.
Receiving Times: International payments can take longer to clear than UK domestic transfers, typically up to four working days, depending on the country and currency. There are no limits on the amount you can receive via international payment.
Step 6: Setting Up Direct Debits and Standing Orders (for Others to Pay You)
While not a direct "payment into Nationwide" by you, setting up Direct Debits or Standing Orders allows others to regularly pay into your Nationwide account.
Sub-heading: Direct Debits (for recurring payments from others)
If you want an organisation (e.g., your employer, a company you've sold goods to) to pay you regularly, they will set up a Direct Debit instruction using your Nationwide account details. You just need to provide them with:
- Your Nationwide account number
- Your Nationwide sort code
- Your full name
Sub-heading: Standing Orders (for regular payments from others)
If someone else wants to set up a regular payment to your Nationwide account from their own bank, they will need your Nationwide account number and sort code. They will then set up the standing order from their bank's online banking, app, or in a branch.
QuickTip: Focus on one paragraph at a time.
Remember to always be vigilant about fraud and only share your bank details with trusted individuals or organisations. If you're unsure about any transaction, contact Nationwide directly through official channels.
10 Related FAQ Questions:
How to check my Nationwide account balance?
You can quickly check your Nationwide account balance via the Nationwide Banking App, by logging into the Internet Bank, at any Nationwide ATM, or by calling their automated telephone banking service.
How to find my Nationwide sort code and account number?
Your sort code and account number can be found on your Nationwide debit card, on your bank statements, or by logging into your Nationwide Internet Bank or Banking App and viewing your account details.
How to deposit coins into Nationwide?
You can deposit bags of coins into your Nationwide current or savings account at any Nationwide branch. They typically require coins to be grouped and bagged by type (e.g., £20 of £1 coins, £10 of 50p coins). Call your local branch first for large coin deposits.
How to find a Nationwide branch near me?
You can easily find your nearest Nationwide branch by using the "Branch Finder" tool on the official Nationwide website or within the Nationwide Banking App.
Tip: Revisit this page tomorrow to reinforce memory.
How to get a receipt for a Nationwide deposit?
When depositing cash or cheques at a Nationwide branch or ATM, a receipt is automatically issued. For bank transfers, you'll receive a confirmation within your online banking or app. Always keep these receipts for your records.
How to cancel a pending payment to Nationwide?
If you've initiated a Faster Payment to a Nationwide account from another bank, you typically cannot cancel it once it has been processed. For future-dated payments, you might be able to amend or cancel them before the cut-off time (usually 10 pm the working day before). Contact your sending bank immediately if you need to cancel.
How to know if a Nationwide cheque has cleared?
You can check if a Nationwide cheque has cleared by viewing your account transactions in the Nationwide Banking App or Internet Bank. The funds will move from a "pending" status to "available" once cleared.
How to get an IBAN for my Nationwide account?
Your IBAN (International Bank Account Number) for your Nationwide account can be found on your bank statements or by logging into your Nationwide Internet Bank and looking at your account details.
How to deposit money into a Nationwide account for someone else?
Generally, Nationwide requires the account holder to be present for cash deposits, especially for smaller amounts, due to anti-money laundering regulations. For bank transfers, you can send money to someone else's Nationwide account if you have their correct sort code, account number, and full name.
How to report an issue with a Nationwide deposit?
If you encounter any issues with a Nationwide deposit (e.g., money not appearing, incorrect amount), contact Nationwide's customer service immediately through their official phone lines, web chat, or by visiting a branch. Have your deposit receipt and account details ready.
 |
