hazelgreen
Registered User
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What do you mean? If you're going to use the encashment form then you need to stick it into a post box to send it. You don't even need a stamp as it's freepost. What's stopping you from doing that?hazelgreen said:We have the form filled out but putting it into postal system seems slow.
As I said, online encashment via your State Savings Online account would probably be the best/quickest way to empty cash them in. If you don't already have a State Savings Online account then the only other option is probably to post the form in. Why would you involve the local post office at all? Just post the form to the freepost address provided.We need to move money as soon as possible so dont want to delay things. I think post office might eyeball the form even lodge the application so save a few days? I had to cash some old bonds as an executor and it took 8 weeks but they were not digital.
Why wouldn't you just request encashment via your online account so?We have online account.
I can't imagine what legwork is involved in buying or encashing Prize Bonds. I certainly didn't need any third party assistance to buy mine once I had my online account set up and my SSCN issued.The post office did a lot of legwork when buying the bonds originally.
Seems a lot easier to me than filling in a form, waiting a few days to post it, waiting for them to receive and process it etc.Thank you for your transaction request
Your transaction request has been successfully submitted. We will notify you with updates on your transaction request.
Please note that it may take 7-10 days for your transaction to appear in your online account.
If you have any queries please contact us at 0818 20 50 60 / 01 705 7200.
Please note that it is not necessary to return the Bond Certificates associated with this repayment request. Once the repayment is processed the Bond Certificates will no longer be valid and we would advise that you securely destroy them.
I just did a test encashment there and at the end of the process I got this:
Seems a lot easier to me than filling in a form, waiting a few days to post it, waiting for them to receive and process it etc.
As far as I recall the State Savings Online service was only launched in 2021.I had to go down the postal route, when cashing mine in, a number of years ago.
Probably I didn't have an online account at the time.
As far as I recall the State Savings Online service was only launched in 2021.
I've cashed in using online account. Money transferred to my bank account within days. Make sure you destroy original bond once cash hits your bank account in order to avoid possible confusion in years to come.
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