Third Party Mandate Explained

What is a third party mandate?

A third party mandate is a written instruction from you telling the Society that you would like another person (a third party) to carry out any day-to-day transactions on your account(s). The different levels of a third party mandate are explained in the table below, to help you to decide what type of access you want the third party to have on your account(s).

Could a third party mandate be right for me?

A third party mandate can be useful if you need help managing your account(s) or because you do not have access to them. For example, if you are housebound because of an injury or you have moved away to university, and are not local to our branches for a long period of time. Please note, before deciding if a third party mandate is right for you, you may wish to consider seeking legal advice. You will find the different levels of third party mandate explained in our table below.

What do I need to know?

How do I authorise a third party mandate?

In branch:

You and the other third party/parties should visit any one of our three branches and complete a Third Party Mandate form. You can download and print a copy of this by clicking here.Opens PDF file in a new tab

Things to remember: 

• If you already have a third party mandate on your account, please 
state whether you would like the new third party to be added or 
the existing mandate to be removed and replaced.

• The third party must have the required identification which proves 
their identity and current residential address.

• You and the third party/ parties on the account must complete the 
third party mandate with the required information needed. 

By post:

You or any person(s) who wish to become a third party on an account can contact any of our branches on 01257 235003 and request our Third Party Mandate Form to be sent to them via post. Please note that if a third party makes this request, they will be required to inform the Society of the account holder's name and any other additional information if required as the Third Party Mandate Form will be sent to their correspondence address.

You can also download a blank version of the form here.Opens PDF file in a new tab

Please note that the Chorley Building Society does not accept any responsibility if any original documents that are sent to us are lost in the post.

What identification documents are required?

To fulfil the requirements of the Society’s Identification Criteria, the Society will undertake an electronic check through its chosen credit agency. If the electronic check is unsuccessful, we would then require one form of identification form List A and List B as stated on our Identification Criteria. Please note that we will contact all parties to the account(s) to verify your identify and to confirm the amendments to be made with a standard security check.

When will third party access stop?

You can cancel the third party mandate at any time upon receipt of a written instruction from the account holder(s). In the event of death or mental incapacity of the account holder the third party mandate will automatically be revoked.