You can deposit cash into your account at any Post Office or PayPoint location – you only need your Tide card.
Post Office deposits made on weekdays are usually processed within a few minutes. Deposits made late in the day, on a weekend or Bank Holiday, can arrive in your account on the next business day.
You can’t deposit more than:
The fraudster will gain your trust and ask if they can transfer you money, before asking you to send the money back to them. If you do this, you would be taking part in the criminal act of money laundering.
£25,000 per single deposit
£25,000 per month
£300,000 per year into your Tide account.
You can make multiple deposits, but the combined amount can’t be above any of the listed limits.
The Post Office have their own limits, and above amounts may vary from branch to branch.
Only ever receive money from someone you trust completely
Never agree to receive money which you’ll then send back to another account
Never send money on behalf of someone, even if they say you can keep a percentage
Fees for deposits made at a Post Office:
You can learn more here.
£2.50 for a deposit of up to £500
0.5% of the deposit if over £500
PayPoint deposits made on weekdays are usually processed within 10 minutes. Deposits made late in the day, on a weekend or Bank Holiday, can arrive in your account on the next business day.
The minimum amount you can deposit at a PayPoint is £10, and the maximum is £500 per day.
Fees for deposits made at a PayPoint:
Important: All cash deposit fees are deducted automatically, at the time of processing. The amount you’ll receive in your account is your deposit, minus the fee.
