Is NS&I still in Glasgow?
NS&I’s head office is in Pimlico, London, with operational sites in Blackpool, Glasgow, Birkenhead and Durham. However, its entire back office operation is contracted out to a French company, Atos Global IT Solutions and Services, who use a site in Chennai, India.
How do I get an NS&I account?
You’ll need to complete a registration form and send it to us first. This is because we need someone to witness your signature as proof of identity. Once we have this, you’ll be able to manage your accounts online (except from Investment Account, which can only be managed by post). Download a registration form.
How do I cash my old National Savings Certificates?
Go to ‘Your profile’ in the top menu. On your account dashboard, go to the account you want to close and choose ‘Cash in’ or ‘Take money out’. If you have more than one account of the same type, select the one you want to close. Enter the full balance in the amount box and then choose ‘Cash in’ or ‘Take money out’.
Is Nsandi legit?
NS&I savings and investments are backed by HM Treasury, which means any money you invest is 100% safe. This might make NS&I an attractive option for savers with a nest egg larger than the amount backed up by the Financial Services Compensation Scheme (FSCS).
Is there still a national savings bank?
NS&I (National Savings and Investments), a state-owned savings bank in the UK, offers Premium Bonds and a range of other savings and investments, including Direct Saver. NS&I is a non-ministerial department.
How long does an NS&I withdrawal take?
When we get your instruction on a banking day before 20:00, we’ll process it that day. The payment will normally reach your account two banking days after that. If we receive your instruction after 20:00 on a banking day, or on a weekend or bank holiday, we’ll act as if we received it on the following banking day.
Is there an app for NS&I?
The mobile application Premium bond checker is a utility app that allows you to check the results of NS&I premium bond draws for multiple accounts. The revamped software is available for the latest versions of Android, and will be landing in the iOS app store in the near future.
Can I have 2 NS&I accounts?
You can have more than one account. You can save from £20 up to £1 million per person in total, across all your Investment Accounts. You can also invest in trust on behalf of someone else (called the ‘beneficiary’). Trustees need to use a different application form.
Is NS&I safe?
What to do with old National Savings Certificates?
Customers holding these Issues of Savings Certificates can:
- cash in their investment;
- reinvest the value of their investment into a current Issue of Savings Certificates (minimum reinvestment £100); or.
- leave their money invested under these new arrangements.
How long does it take to withdraw money from NS&I?
When we get your instruction on a banking day before 20:00, we’ll process it that day. The payment will normally reach your account two banking days after that. If we get your instruction after 20:00 on a banking day, or on a weekend or bank holiday, we’ll act as if we received it on the following banking day.