NS&I: Premium Bond prizes: facility to pay prizes direct into Bank account

For those that wish it, the facility to have any prizes that one wins paid directly into a nominated bank account has become available. NS&I appear to have launched new services of phone and online access. They already have online access for their ISA, but are now doing Premium Bonds as well. Part of the online access is payment of prizes into a nominated bank and email notification. Allegedly, this service was started on 29 Dec 2010 (so last week, really!)

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Once you?ve registered for the (online and by phone) service you can ... have any future prizes paid directly into your bank account (email address required so we can notify you)

OMG!!! FINALLY! AT LAST! I'm very happy that NS&I have made direct payment available but it's been a very long time coming (I think the first press item I have about paying prizes direct into a bank account is dated June 2003!)

Allan

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Allan
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