About Principality Building Society
Formed in 1860, we are a vibrant, indigenous Welsh company, with over 149 years experience of serving our local community. Today, with over 420,000 Members, employing over 1,000 staff and with a network of 50 branches across Wales and the borders, we're not only a significant player in the Welsh economy but also the 9th largest building society in the UK.
As Wales’ largest mutual building society, we are proud to be in business solely for the benefit of our Members. Unlike companies with shareholder interests to satisfy, we seek to optimise, rather than maximise, profit and return value to our Members through consistently attractive savings and mortgage rates.
As well as delivering outstanding value to Members, we are proud to be at the heart of the communities in which we operate, supporting local initiatives, from sport to culture. In many Welsh towns we are a key employer, friend and face on the high street and we are committed to looking after what matters most to you.
Founded by the people of Wales and serving the needs of customers across Wales, by offering a friendly and professional service and we have no intention of compromising on this legacy.
How to do business with Principality Building Society
- Intermediary 9 Month Fixed
Rate Bond (687KB)
- Intermediary 18 Month Fixed
Rate Bond (821KB)
- Application
form (175KB)
- Identity Verification
Certificate (26KB)
-
Commission & FSCS Compensation scheme detail (13KB)
Download the product literature
- All Principality Intermediary Savings products have a full product fact sheet (including terms and conditions) and a application form
- Please print the product fact sheet pages, all of which must be given to your client
- Please ensure your client is aware that they must read this important information
Complete the application form and paperwork
- Print the above application form and complete your details in full.
- Complete your client’s details in full and ensure you provide certified copies of your client’s ID (check the list of acceptable ID on the application form)
- Ask your client to make their cheque payable to “Principality Building Society – [Customer name] e.g. “Principality Building Society – Mr. A Jones.” We can only accept correctly completed cheques.
Post the application
- Our address is: Principality Building Society, Savings Team, Principality Buildings. CF10 1UA
- Ensure you enclose the fully completed application form and cheque.
What happens next
- We will open your client’s account if there are no queries - a welcome pack will be sent to your client and you will receive confirmation by email.
- If we have any queries we will contact you directly, to resolve these as quickly as possible.
- Commission will be paid directly to you by cheque on a monthly basis. Your commission is normally paid during the first two weeks of the month following the account opening date.
Contact us
Intermediary Sales Team: 0845 330 2377 lines open Mon - Fri 9am- 5pm
BT landline calls to 0845 numbers cost no more than 5 pence per minute. Charges from other service providers may vary and calls made from mobiles usually cost more. All communications with us may be monitored/recorded to improve the quality of our service and for your protection and security.
* Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
** AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product which quotes an interest rate will contain an AER, you will be able to compare more easily what return you can expect from your savings over time.
# Net is the rate of interest payable after the deduction of income tax at the rate specified by law.