Making payments to your Acorn Account



Simple, flexible ways to manage your loan repayments and savings
At Acorn, we make it easy for you to manage your payments in a way that suits your lifestyle. Whether you pay by bank transfer, benefits, direct debit or through our app, you’ll find a simple and secure option that works for you.
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Direct Debit (Quick & Easy Setup)
You can set up a Direct Debit for your loan repayments using the secure link below;
Set up Direct Debit using this link;
https://acorncbinstructions.paypoint.services/
Direct Debit helps you stay on track with repayments automatically.
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Withdrawals from your Account
If you wish to withdraw funds from your share1 account;
Simply transfer it through the app, call/email us to request withdrawal. Please make note of the below terms:
Minimum withdrawals: £3
Funds requested before 1:00pm on any working day are processed the same day by 8:00pm.
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Pay by Bank Transfer
To make a deposit into your Acorn account simple make a bank transfer
Account Name:
Acorn Community Bank
Account Number:
04242184
Sort Code:
30-97-41
Important: Please include your membership number as the bank reference.
Example: 1234loan or 1234savings (1234 is an example of your membership number)
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Pay Using your Benefits
You can have your Child Benefit, Universal Credit, PIP or other benefits paid directly to Acorn.
Contact us at office@acorncb.co.uk for help in setting this up.
Benefits you can transfer to us are;
Child Benefit:
Carers Allowance:
Universal Credit:
PIP:
If your benefits are paid to us, any remaining balance after deductions will be transferred to your share1 account. These funds will be available for withdrawal, subject to the £3 minimum withdrawal requirement.
We’re here to help
If you’re unsure which payment method is right for you, our friendly team is here to help.
Start your journey with Acorn. Take the first step towards financial stability today!
