Your financial security is extremely important. Confirmation of Payee (CoP) is a new name checking service designed for UK-based payments to help protect you from fraud and ensure your payments go exactly where you intend them to.
With more of our members banking online and making digital payments, the risk of sending money to the wrong account—either by mistake or due to fraud—has increased. CoP helps protect you by:
We're committed to keeping your money safe and secure, and Confirmation of Payee is another step in providing you with the best protection possible.
If you have any questions about Confirmation of Payee or how it works, you can pop into your local branch or call our Savings Team on 0800 093 0002, 9am – 5pm, Monday to Friday.
Confirmation of Payee is a name checking service designed for UK based payments to help reduce misdirected payments, while providing a greater assurance that payments are being sent to the intended account holder.
When you or someone else sends a new payment to your Leek Building Society account, the name, sort code, account number and reference field (that's your Leek Building Society account number) will be verified by matching the details against the person or business receiving the funds. This is done before the payment is made to help check that funds are being sent to the correct account. It also helps to protect against fraud.
When you or someone else tries to send money to your Leek Building Society account, the CoP service will let you know whether the details are a 'match', 'close match' or 'no match'.
When opening a new account, the details may not be available for checking until the next working day. If money is sent between this initial 24-hour period, it will display as ‘no match’ or ‘invalid customer reference’, however you can still fund your new account. For your own safety however, it’s better to add any funds the next working day when your account will be confirmed through CoP.
When it comes to looking after your money, it’s important to ensure payments are sent to the intended account holder correctly and securely. Confirmation of Payee can help to protect individuals and businesses against certain types of fraud and prevent payments like Faster Payments from being sent to the wrong account.
The quickest way to pay money into your account is from another bank or building society using the following details:
Account holder name: Your full name
Sort code: 40-05-30
Account number: 74578031
Reference: Your Leek Building Society account number
If you wish to deposit a cheque you can do this in any of our branches or by sending it to Leek Building Society, 50 St. Edward Street, Leek, ST13 5DL.
Cash can be deposited in any of our branches. Please note that you may be asked to provide proof of your identity when making larger cash deposits in any of our branches.
Please contact our Mortgage Administration Team on 0800 783 0847, or email them at mort.admin@leekbs.co.uk to discuss.
To pay a personal or business account, you'll need the exact name registered to the account when making a payment, as well as the sort code, account number (HSBC), and reference number. Please use the following information when making a payment:
Account Name: Customer or business name
Sort code: 40-05-30
Account number: 74578031
Reference: Your Leek Building Society account number
If it's a joint account, you'll only need to provide one of the names registered to the account, however you may choose to provide both names. The order that a name appears on a joint account won't affect the matching response.
You can request to opt out by visiting your local branch or calling our Savings Team on 0800 093 0002, 9am – 5pm, Monday to Friday.
If you opt out, this will opt you out for all your Leek Building Society accounts. If you want to opt out and it’s a joint account, we’ll need all parties to sign the Opt Out Form to leave this service.
