Making payments

Bank Transfer

You can send one off payments from your bank, or set up a regular standing order. If you were previously a Sheffield Credit Union member, or became new South Yorkshire Community Bank member after 20th July 2026, use these bank details:

Account Type: Business
Sort code: 08-92-50
Account number: 67006568
Account name: Sheffield Credit Union Ltd
Reference: Your membership number and last name

If you were a LASER Credit Union member and have not been notified otherwise, you should continue to use the bank details below.

Account Type: Business
Sort code: xx-xx-xx
Account number: xxxxxxxx
Account name: LASER Credit Union Ltd
Reference: Your membership number and last name

Always verify a company’s bank details before you send a payment. You can do this in different ways:

• When you set up a payment through your banking app, most banks will check that the details you have entered belong to Sheffield Credit Union Ltd. If the app says the details don’t match, stop! Call or email us before you send any money.
• If you have received a welcome pack from us by post, our bank details are on the first page of the pack.
• You’re welcome to contact us to verify the bank details.

Transfer a Benefit

You can contact the benefits office, or use your online Universal Credit journal, to arrange for a benefit you receive to be paid straight into your Sheffield Credit Union account. Give the office the sort code and account number listed above. Make sure you give them the correct reference, depending on which benefit you are transferring:

• Universal Credit, PIP, or Tax Credits: Ask the office to use your membership number, followed by the first three letters of your surname, e.g. “12345Jon”.
• ESA, JSA, State Pension, Pension Credit or Child Benefit: These benefits use their own reference, you don’t need to provide one.
  If you already have a benefit paid into your Sheffield Credit Union account, please contact us before transferring another one.