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Managing your postal account

Answers to your common questions

How do I make a withdrawal from my account?

To make a withdrawal, send your passbook (if you have one) and a signed withdrawal form or letter of authority to:


BM Savings team
Birmingham Midshires

Pendeford Business Park
Wobaston Road
Wolverhampton
WV9 5HA


Check if the withdrawal will incur a charge or loss of interest, or affect the interest rate on your account. You should also make sure the account allows withdrawals, and that there are sufficient cleared funds.

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How do I make a deposit?

  • By post - send us a cheque (not cash) made payable to yourself, and a deposit slip. We'll send you a receipt for the deposit. If you don't have a deposit slip you can write the account number clearly on the back of your cheque.
  • By standing order or direct debit - you can set this up with your bank
  • Electronically - using telegraphic transfer or the Faster Payments Service
  • Online - some banks' online banking services will let you make regular or one-off transfers to your savings account

Our bank account details for deposits are:


Sort code:
30-02-51
Account code:
06968870
Reference:
your Birmingham Midshires account number

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How do I request my balance, certificate of interest or maturity certificate?

Write to us at:

BM Savings team
Birmingham Midshires

Pendeford Business Park
Wobaston Road
Wolverhampton
WV9 5HA

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When will I receive a statement?

If you receive a statement, this will be sent to you yearly on the anniversary of the account opening date.

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FSCS – protecting your money. Find out more here.

Gross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs.

AER means Annual Equivalent Rate. AER illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different offers.

Tax free is the contractual rate of interest payable where interest is exempt from income tax.

For telephone line opening times, please read the information in our contact section. Calls may be monitored and recorded for security and training purposes. If you're calling from outside the UK, please dial +441902 428 311.


© Birmingham Midshires
This site is intended for UK residents unless otherwise stated.
Birmingham Midshires is a division of Bank of Scotland plc which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628. Registered office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland No. SC327000.
To contact the FCA Consumer helpline, please ring 0800 111 6768. Alternatively call the Money Advice Service on 0300 500 5000 or visit www.moneyadviceservice.org.uk.

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