Every Member of Scotwest must hold at least £1 in their Scotwest Saver Account. You can arrange an Initial Deposit and/or set up a Regular Deposit here.

Initial Deposit

Initial deposits can be made by cheque or debit card deposit.

Cheques should be made payable to '(Your name), c/o Scotwest Credit Union'.

For debit card deposits we will contact you to take your card details over the phone.

Please note - if you are opening one of our Notice Accounts, a minimum initial deposit of £50 will be required.

Regular Deposits

One of the advantages of saving with Scotwest is the ability to save on a regular basis. You will also be able to earn Young Scot Extra Reward Points every month that you save into your Young Scot Extra Savings Account.

If you work for one of our select employers, payroll deduction facilities allow you to save directly from your wages or salary each pay day. Direct debit facilities are also available for anyone joining from outwith our select employers.

Please note: as a credit union we encourage our members to save even a small amount on a regular basis. This establishes a savings history with us which may be of benefit should you be considering applying for a loan at any time.

When opening a Christmas Savings Account, £1 from your first regular deposit will be transferred to your Scotwest Saver Account to activate your membership unless you make an initial deposit. All further deposits will got to your Christmas Account in full.

If you prefer not to set up regular deposits, you will need to make an initial deposit of at least £1 into your Scotwest Saver account in order to comply with our rules. We will contact you to organise this.

For new members who work for one of our current select employers. Simply complete the details below and we will organise your chosen deduction with your pay office.

Please note: Depending on your employer, on receipt of your application we may have to forward you a paper authority for signing.

You will be able to set up your Direct Debit Instruction at the end of this online application.

For paying by Direct Debit, please confirm the following at this stage:

Know your customer information

As a financial organisation, under money laundering regulations, we are required to verify the identity and address of all new members before we can accept your application. Please read the Know Your Customer information section for further details.

Should you wish, you can upload proof documents as part of this application. We would need one document which confirms your identity (such as a copy of the personal details page of your passport or a copy of your driving licence) and one document which confirms your current home address (such as a utility bill, bank or mortgage statement dated within the last 3 months).

We also need you to confirm your Young Scot Card Number. (This is the 16 digit number which you will find on the front of your Young Scot National Entitlement Card.)

The Scotwest Lottery

Personal Details

Address 1

Address 2

Employment Details

How long have you worked for your current employer

Income and Expenditure Details

Monthly Income

Other monthly income eg pension, benefits etc (please specify)

Monthly expenditure

Loan Details

or

Revolvaloan

Loan Declaration

Please read the Scotwest Data Privacy Notice statement of this application. Full terms and conditions for our loans are available in the loan section of our website or by calling the Member Enquiry Line 0141 227 2390.

Declaration

Prior to submitting this application, please ensure you have read the Important Information section, the Financial Services Compensation Scheme Information and Exclusions List and the Data Privacy Notice. Full terms and conditions for all of our savings accounts and the Scotwest lottery are available on this website or by calling the Member Enquiry Line.

Please read our Young Scot Extra Savings Account Terms and conditions.