How do I make additional deposits into my easy access account?
You can make deposits from your nominated bank account by either electronic bank transfer or cheque.
Remember - we will always ask you to use these details when making a deposit. If you’re ever asked to use different details do not send any money and contact us immediately.
Electronic bank transfers
Sort code: 40-02-50
(This may show up as HSBC, we only use them as our clearing bank)
Account number: 31344897
Payee: Paragon Bank PLC
Payment reference: Your Paragon account number or application reference number
Cheque
Please make your cheque payable to Paragon Bank Re your name and savings account number/application reference number.
And send freepost to:
RTEX-LLUT-KKKE, Paragon, PO Box 850, Wallsend NE28 5BJ
Important information:
- Select business account if asked for an account/payee type.
- Make sure you use the right payment reference; it helps us deposit your savings to your Paragon account without delays.
- It’s important to use “Paragon Bank PLC” when depositing funds electronically, it protects your savings by making sure you’re sending money to the right place.
- If you have entered all payment details correctly and you’re still having difficulty, please contact your bank or building society.
We will credit cheques to your account on the day we receive them, although it can take up to three days to clear the banking system. You’ll start to earn interest from the second business day after we receive your cheque.