To transfer money into a savings account through our marketplace, you’ll need to register for a Raisin UK Account first.
Once we’ve let you know your Raisin UK Account is open, simply transfer money from your bank or building society account to your Raisin UK Account using your Raisin UK Account sort code and unique account number. You can find the sort code, and your unique account number in your registration confirmation email, as well as by logging into your Raisin UK Account. This method is the only way to transfer money into a savings account that you’ve applied for through our marketplace.
Some of our customers have informed us that their bank or building society displays a Confirmation of Payee (fraud warning) message or blocks transfers to their Raisin UK Account. Before transferring larger deposits, we recommend initially transferring a small amount to validate your Raisin UK Account, such as £1, and confirming that this amount is available in your Raisin UK Account (within 24 hours).
Please be aware that you can only transfer money to your Raisin UK Account using the Faster Payments transfer method from a UK bank or building society account held in your name.
In the payee information you should enter your name as it appears in your Raisin UK Account e.g. Joe Bloggs. The payment reference can be anything of your choice.
Please be aware that you cannot transfer money to or from your Raisin UK Account from the following accounts:
- Prepay Technologies Ltd
For more detailed instructions on paying in funds to your Raisin UK Account, please see our Transfer money guide.