Has anyone had their student finance paid into their partners or parents bank?

Unfortunately in my teens I got myself a cifas, so now I’m using my boyfriend’s bank account.

Would i be able to get my student finance paid into my boyfriend or mums bank without any issues?

Has anyone had theirs paid into someone else’s bank?

Thank you in advance

Unfortunately in my teens I got myself a cifas, so now I’m using my boyfriend’s bank account.

Would i be able to get my student finance paid into my boyfriend or mums bank without any issues?

Has anyone had theirs paid into someone else’s bank?

Thank you in advance

Unfortunately in my teens I got myself a cifas, so now I’m using my boyfriend’s bank account.

Would i be able to get my student finance paid into my boyfriend or mums bank without any issues?

Has anyone had theirs paid into someone else’s bank?

Thank you in advance

Yes I have a Cifas marker 2 years ago. I get my student loan into my parent bank no problem. The bank knows, the authority knows. In fact you can get one of your parent to open up an account in their name with a bank they don’t already have and give you control of it. You can get your student loan into it and use it whenever. Don’t worry we all make mistakes and take it easy. Just some extra info, non of my accounts have been closed down so far. I’ve had Cifas for 2 years. I have Revolut, monzo, Barclay , NatWest, American Express, algbra, my pocket and Paysend already. Non of them have been closed I have credit cards with limit over £11000. I can see on Cifas DSAR that Barclays is carrying out a check every month on Cifas website on my name for the past 12 months and they still haven’t decided to close my account. It’s up to the bank if they want to close down the account. If you had good history with them they prob won’t close your account down.

Hey can I ask how you when about doing this? Did you tell them? I’ve just attached my partners bank details and I’m hoping for the best lol. Do I need to tell them?

Hey can I ask how you when about doing this? Did you tell them? I’ve just attached my partners bank details and I’m hoping for the best lol. Do I need to tell them?

The advice you are being given is irresponsible and would put your parents/boyfriends finances at risk. You've already been naive enough to get yourself talked into this sort of situation once.

No you don’t need to tell them. Just input whoever’s account details you want in there. Name don’t need to be matching and you don’t need to tell them. It’s my 2nd year getting payment to my mums bank.

My general guidance is not to consider financial advice from people who themselves have a CIFAS marker.

I know that seems blindingly obvious, but sometimes it needs spelling out.

Unfortunately in my teens I got myself a cifas, so now I’m using my boyfriend’s bank account.
Would i be able to get my student finance paid into my boyfriend or mums bank without any issues?
Has anyone had theirs paid into someone else’s bank?
Thank you in advance

Open a WISE account. They'll be able to pay your student finance into that - I was in the same situation as you and I used my WISE account to receive all of my student loan payments, on time without any issues. It's basically an online mobile banking app like Monzo. You will be able to get accepted with CIFAS. Any questions, feel free to ask.

So u received ur 3 payments in your wise account this year?

Do u mind sending like a prove of that please? And did u had to send anything to wise to authorize the payment?

I don’t have proof as this was back in 2021 and my 2021 transactions aren’t showing on my wise account anymore. But I’m telling you that it worked for me. All you have to do is give SFE your wise account number and sort code, and when it’s time for your payment you should receive it without any issues. I also didn’t need to inform wise that I was expecting any of my SFE payments - everything is automatic.

No you don’t need to tell them. Just input whoever’s account details you want in there. Name don’t need to be matching and you don’t need to tell them. It’s my 2nd year getting payment to my mums bank.