How to Cash in An Post Savings Bond

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pudds

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How do you cash in AnPost Savings Bond.... whats the proceedure. Looked around AnPost website but no guidance there.

Also can the funds be transferred electronically into a bank account.
 
The T&C's say ...

18.8 Funds in Your State Savings™ Account are not available for withdrawal on demand at Post Offices (Clause 18.2)
Click to expand...

Seems to suggest you need to go into an An Post office.
 
pudds said:
How do you cash in AnPost Savings Bond.... whats the proceedure. Looked around AnPost website but no guidance there.

Also can the funds be transferred electronically into a bank account.
Click to expand...

From: http://www.statesavings.ie/Downloads/SavingsBondsTermsAndConditions.pdf (Link from www.anpost.ie)

5. Savings Bonds may be repaid by making an application for repayment using the form prescribed by An Post. Such application should be made at least seven working days before repayment is required to An Post, Savings & Investment Services, Repayment Section, GPO, Dublin 1.

You can get the repayment form in a Post Office. As I recall repayment is by either cheque or a warrant that can be cashed in a Post Office
 

thanks for that Crunchie I kept going round in circles between the anPost and statesavings site and couldn't pin it down.

Shame these forms are not available to download on line..roll on the smart economy
 
If you are cashing saving bonds, to maximise your interest, watch their anniversary date of purchase. Interest is not added on a daily basis, it is added annually on the anniversary date. Therefore, if the anniversary date is anytime soon it would be better to wait.
 
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