The Society is subject to both Money Laundering Regulations and Financial Services Authority rules which require that we verify both the identity and address of investors. When accounts are opened each investor must provide one document from each of the lists below. The documents produced must be originals.

Confirmation of Identity

• Current signed UK or EU Passport;
• Current Driving Licence, either photocard or old version - old style provisional licences are not acceptable;
• A Building Industry Sub Contractor Certificate issued by the Inland Revenue;
• Benefit book or original notification letter from Benefits Agency confirming the right to benefit;
• Under 18’s only - a birth certificate;
• Firearms certificate;
• Inland Revenue Tax Notification.

Confirmation of Address

• A utility bill up to three months old (a mobile telephone bill is not acceptable);
• Bank, building society or credit card statement containing current address;
• Most recent mortgage statement from a recognised lender;
• Local authority council tax bill (valid for current year);
• Current UK photocard Driving Licence (if not used for evidence of identity);
• Local authority rent card or tenancy agreement;
• Benefit book or original notification letter from Benefits Agency confirming the right to benefit (if not used for evidence of identity).

The Society may accept other forms of appropriate identification at its discretion.

If the account is held in joint names:

• all information regarding the account will be sent to the first named account holders registered address.
• liability to the Society is joint and several, meaning that each named investor is responsible for all the obligations of the account.
• if one investor dies the account vests in the name(s) of the survivor(s) and will be automatically transferred to the other(s) on production of the death certificate or a certified copy.
• unless you have given us written notice to the contrary any investor named on the account will be able to withdraw money from the account and give other instructions as to the operation or closure of the account without the authority of the other(s).
• it is the responsibility of joint account holders who are partners and become subject to divorce or separation to give notice to the Society if they wish to change the operation of their account (i.e. both to sign).

When you pay in money by cheque:

• interest is calculated from the third working day after the payment is received (Saturdays, Sundays and English Bank Holidays are not working days).
• the cheque should be made payable to the investor(s) or to Leeds Building Society Building Society for the account of the investor(s). Your account number should be written on the back.
• the cheque may be returned unpaid due to lack of funds, the cheque being stopped, irregularities in the way the cheque has been completed or other reasons as determined by the bank on which the cheque has been drawn. In such circumstances the Society will debit the value of the cheque from your account and may make a charge for this.
• the cheque will normally be deemed as being out of date if it is paid in more than six months after its date.

We may change or increase charges or introduce a new charge at any time for any of the following reasons:

• to reflect changes in costs (including our own reasonable management and administrative costs) which we reasonably incur in respect of the relevant activity or service;
• to reflect changes we may reasonably make in the service or activity we are providing or undertaking; and
• if we reasonably consider it is fair to do so in the interests of our business as a whole.

We may also change or increase charges at any time for any valid reason (not being a reason mentioned in section 10.2). If we do so:

• we will give you individual notice at least 30 days before the change is to take effect;
• we will tell you the reason for the change in the notice we send you; and
• if the Product Conditions for your account require you to give notice before making a withdrawal or restrict the amount you may withdraw and/or number of withdrawals you may make in any period, then from the date you receive notice of the change you will have a minimum of 30 days or if greater, a period of time equal to your notice period, to close your account without notice and without loss of interest.

Unless the Product Conditions provide otherwise we can change the rate of interest to be paid at any time for any of the following reasons:

• if it is reasonable to change the rate to reflect changes which have occurred, or which we reasonably expect to occur, in interest rates generally or in the personal savings market;
• to enable us to maintain the competitiveness of interest rates paid to our borrowers;
• to manage margins between interest rates charged to our borrowers, and interest rates paid to our investors or the providers of funds to us, in the interests of our business as a whole;
• to reflect changes and costs incurred by the Society or in the financial strength of the Society;
• to enable us to harmonise, in a reasonable manner, the interest rates being paid to investors following any acquisition or transfer of deposit or savings accounts or any takeover of, or merger with, another deposit taker; and
• if it is reasonable to make a change following a decision or recommendation made by a court, regulatory body, Ombudsman or other official body or as a result of a change (or anticipated change) in the law or the interpretation of the law, or any relevant codes.

We will notify you of any change under Section 11.1 either by:

• notice to you individually within 30 days of the change taking effect; or
• a general notice displayed in our branches, Head Office and on our website, and by advertisement in two national newspapers (selected at our discretion from The Times, The Telegraph and The Daily Mail) within three working days of the change taking effect;For postal, internet and telephone accounts details of changes will be given to you by individual notice within 30 days of the change taking effect.

Unless the Product Conditions provide otherwise we may also change the rate of interest to be paid at any time for any valid reason (not being a reason mentioned in Section 11.1) If we do so:-

• we will give you individual notice of the change before, or as soon as reasonably practicable after, such change is to take effect; and
• we will tell you the reason for the change in the notice we send you.

We may vary the Conditions (other than in respect of changes to interest rates or charges) at any time for any of the following reasons:

• to reflect changes in the products or services we provide or the way we provide these;
• to reflect changes in technology or general banking or building society practice;
• if it is reasonable to make the change following a decision or recommendation made by a court, regulatory body, Ombudsman or other official body or as a result of a change (or anticipated change) in the law or interpretation of the law;
• to correct errors;
• if we reasonably believe the change is necessary in the interests of our business as a whole;
• if the change is to your advantage.

We may also vary the Conditions (other than in respect of changes to interest rates or charges) at any time for any valid reason (not being a reason mentioned in section 11.5) If we do so:

• we will give you individual notice at least 30 days before the change is to take effect;
• we will tell you the reason for the change in the notice we send you; and
• if the Product Conditions for your account require you to give notice before making a withdrawal or restrict the amount you may withdraw and/or number of withdrawals you may make in any period, then from the date you receive notice of the change you will have a minimum of 60 days or if greater, a period of time equal to your notice period, to close your account without notice and without loss of interest.

We will only give details of your account or personal details to anyone else if:

• you have specifically requested or consented to the disclosure;
• the law requires us to do so;
• our interests make disclosure necessary, or
• we have a public duty to disclose.Your application form may include a declaration requesting your consent to disclosure for particular purposes.