{"id":446,"date":"2018-07-25T13:59:24","date_gmt":"2018-07-25T13:59:24","guid":{"rendered":"http:\/\/pensions.cardiffcouncilwebteam.co.uk\/?page_id=446"},"modified":"2024-02-22T15:11:07","modified_gmt":"2024-02-22T15:11:07","slug":"changing-your-bank-details","status":"publish","type":"page","link":"https:\/\/www.cardiffandvalepensionfund.org.uk\/pensioners\/changing-your-bank-details\/","title":{"rendered":"Changing your Bank Details"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row top_padding=&#8221;0&#8243; bottom_padding=&#8221;0&#8243;][vc_column width=&#8221;1\/1&#8243;][vc_column_text]<\/p>\n<h1>Changing your bank details<\/h1>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row top_padding=&#8221;35&#8243;][vc_column width=&#8221;2\/3&#8243;][vc_column_text]Your LGPS pension is paid calendar monthly directly into your chosen Bank or Building Society account by BACS transmission.<\/p>\n<p>To change your Bank or Building Society account details, you will need to complete the <a href=\"https:\/\/www.cardiffandvalepensionfund.org.uk\/wp-content\/uploads\/Pensioner-Bank-Details-Form-Jan-2024-2.doc\">Pensioner Bank Details Form <\/a>\u00a0and send back to the address on the form as soon as possible.<\/p>\n<p>Unfortunately, for security reasons we are unable to change bank or building society details over the telephone.<\/p>\n<p>We need to receive your new bank details by the 15th of the month to ensure your pension for that month will be paid into your new bank account.<\/p>\n<p><strong>Can I have my pension paid into a bank account overseas?<\/strong><\/p>\n<p>If you would like to have your pension paid into an overseas bank account, you will need to contact Cardiff Council pay team on Tel:\u00a0029 2087 2311 or <a href=\"mailto:paycontrol@cardiff.gov.uk\">paycontrol@cardiff.gov.uk<\/a> and request a Banking Mandate Form, stating the country where you wish to have your pension paid.\u00a0 This process can take a number of weeks to set up.<\/p>\n<p>There are conversion and transmission charges when paying your pension into an overseas account.[\/vc_column_text][\/vc_column][vc_column el_class=&#8221;siderow&#8221; width=&#8221;1\/3&#8243;][vc_column_text el_class=&#8221;boxblue&#8221;]<\/p>\n<h3>Local Government Pension Scheme<\/h3>\n<p>Use the online tools to calculate your pension benefits.<\/p>\n<p><a href=\"https:\/\/lgpsmember.org\/\" target=\"_blank\" rel=\"noopener\">LGPS <i class=\"fa fa-external-link\" aria-hidden=\"true\"><\/i><\/a>[\/vc_column_text][vc_column_text el_class=&#8221;boxred&#8221;]<\/p>\n<h3>Got a question?<\/h3>\n<p><a href=\"https:\/\/www.cardiffandvalepensionfund.org.uk\/get-in-touch\/\">Get in touch<\/a> with us[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row top_padding=&#8221;0&#8243; bottom_padding=&#8221;0&#8243;][vc_column width=&#8221;1\/1&#8243;][vc_column_text] Changing your bank details [\/vc_column_text][\/vc_column][\/vc_row][vc_row top_padding=&#8221;35&#8243;][vc_column width=&#8221;2\/3&#8243;][vc_column_text]Your LGPS pension is paid calendar monthly directly into your chosen Bank or Building Society account by BACS transmission. To change your Bank or Building Society account details, you will need to complete the Pensioner Bank Details Form \u00a0and send back to the address on the form as soon as possible. Unfortunately, for security reasons we are unable to change bank or building society details over the telephone. We need to receive your new bank details by the 15th of the month to ensure your pension for that month will be paid into your new bank account. Can I have my pension paid into a bank account overseas? If you would like to have your pension paid into an overseas bank account, you will need to contact Cardiff Council pay team on Tel:\u00a0029 2087 2311 or paycontrol@cardiff.gov.uk and request a Banking Mandate Form, stating the country where you wish to have your pension paid.\u00a0 This process can take a number of weeks to set up. There are conversion and transmission charges when paying your pension into an overseas account.[\/vc_column_text][\/vc_column][vc_column el_class=&#8221;siderow&#8221; width=&#8221;1\/3&#8243;][vc_column_text el_class=&#8221;boxblue&#8221;] Local Government Pension Scheme Use the online tools [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":137,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Changing your Bank Details - Cardiff and Vale Pension Fund<\/title>\n<meta name=\"description\" content=\"To change your Bank or Building Society account details, you will need to complete the Change of Bank Details Form.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cardiffandvalepensionfund.org.uk\/pensioners\/changing-your-bank-details\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Changing your Bank Details - 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