The Albion Cheque Account is easy to use, either by post or by calling into any of our branches.

The following information will help you to get things running smoothly.

Regular payments from your account

Let the convenience of standing orders and Direct Debits take the pain out of paying regular bills. These can be paid easily by Direct Debit or standing order. You can also use a standing order to transfer funds to another account. To set up a standing order write to Banking Services, call our helpline on 0113 225 7755 or visit one of our branches.

For any Direct Debit simply contact the organisation you want to pay. They will send out the instructions and you will need to return completed forms to them. You can change or cancel payment instructions on your Albion Cheque Account at any Leeds Building Society branch. Alternatively, send your instructions direct to Banking Services.

Information about the Direct Debit Guarantee:

• This Guarantee is offered by all banks and building societies that take part in the Direct Debit Scheme. The efficiency and security of the Scheme is monitored and protected by your own bank or building society.
  
• If the amount to be paid or the payment dates change the organisation will notify you normally 10 working days in advance of your account being debited or as otherwise agreed.
  
• If an error is made by the organisation or your bank or building society, you are guaranteed a full and immediate refund from your branch of the amount paid.
  
• You can cancel a Direct Debit at any time by writing to your bank or building society. Please also send a copy of your letter to the organisation.

Making payments into your account

Cheques can be paid in at any Leeds Building Society branch or you can send them by post using the pre-paid envelopes provided. The Society will not be liable for any items lost in the post.

Cheques being paid into the account should be crossed ‘account payee only’ and made payable to:

• Leeds Building Society for the name(s) in which the account is held; or
• the account holder(s).

Your account number should be written on the back.

You can withdraw funds on the eighth working day after the cheque is received by us and you will earn interest on cheques paid in from the third bank working day.

The Albion Cheque Account cannot accept payments in the form of cash (either sterling or foreign currency), cheques from foreign banks or in foreign currency and foreign currency travellers cheques.

Withdrawing money from your account

Withdrawals from your account can be made by cheque or telegraphic transfer. No cash withdrawals are permitted. When you open the account, a cheque book and£250 cheque guarantee card (subject to approval of your application) will be ordered for you. For joint accounts, a cheque book and card can be arranged for both of you. Replacement cheque books will be sent to you automatically.

Transferring funds

Cleared monies can be transferred from your Albion Cheque Account to another Leeds Building Society investment account at any time. Transfers can be made into your Albion Cheque Account from another investment account held at the Society. Telegraphic transfers and transfers of cleared funds from other Leeds Building Society accounts attract interest from the day of receipt. You can move money to another bank or building society either by cheque, standing order or by telegraphic transfer.

Telegraphic transfers

A telegraphic transfer is a secure and fast way to transfer large amounts of money between financial organisations. A telegraphic transfer can only be made to an account
held in your name or to a Solicitor’s Client Account. For more information on how to arrange a telegraphic transfer contact our helpline on 0113 225 7777. We charge for this service - see the Albion Cheque Account Tariff of Charges.

If you need to stop a cheque

Cheques that have not been presented for payment can be stopped by contacting our helpline on 0113 225 7755. We won’t be able to stop a cheque that has been guaranteed using your Albion Cheque Guarantee Card unless it is for more than £250. In some circumstances, we may charge for this service - see the Albion Cheque Account
Tariff of Charges.

Lost or stolen cheque books or cheque cards
Please advise us as soon as you know that your cheque book or card has been lost or
stolen. Call our helpline on 0113 225 7755. Outside our opening hours your call will be diverted to our customer message taking service. If your cheque book or card has been stolen, please report the incident to the Police as a matter of urgency.

Income Tax
The gross rate(s) of interest shown as part of the Albion Cheque details will be payable net of the appropriate rate of income tax (which may be reclaimed by non-taxpayers) or, subject to the required certification, gross.

Changes to account conditions

The Society reserves the right to amend the conditions of your account. Any changes
to interest rates will be displayed in our branches, our Head Office in Leeds and on
our website, www.leedsbuildingsociety.co.uk. We will also advertise the new rates in
two national newspapers (selected from The Times, The Daily Telegraph and The Daily
Mail) within three working days of the change taking effect. Alternatively please contact
us on 0113 225 7755 (8am – 8pm, seven days a week) for the latest rates. The Society
reserves the right to close any account that is not operating within the conditions of
the account. In such cases we will give at least 30 days notice in writing.

Tariff of Charges