Once we’ve let you know your Raisin UK Account is open, simply transfer money from your bank or building society account to your Transaction Account using your unique sort code and unique account number, using the Faster Payments transfer method. You can find your Transaction Account details in the top right of the dashboard after logging into your Raisin UK Account.
Please be aware that you can only transfer money to your Transaction Account from your Nominated Account.
You can nominate any account that is:
- Held with a bank or building society in the UK. Please be aware that you cannot nominate an account held with electronic money institutions or payment institutions (e.g. Prepay Technologies, Loot, Pocket, Revolut, Tide, TransferWise & other e-money services). We're also currently experiencing registration issues for customers trying to use a Virgin Money account for their Nominated Account. Whilst we investigate this issue, please use an alternative bank account.
In the payee information you should enter your name as it appears in your Transaction Account e.g. Joe Bloggs. The payment reference can be anything of your choice.
For more detailed instructions on paying in funds to your Transaction Account, please see our Transfer money guide.