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Transferring deposits between schemes

For a transfer to DPS/My Deposits from TDS Custodial, the new party will need to register the deposit with DPS/My Deposits and give you their details which you need to then send to us via info@tenancydepositscheme.com. Please send us the following information and we will make the transfer of funds:

  • TDS Custodial Deposit account number
  • Name of new managing landlord/agent
  • DPS/My Deposits Deposit ID
  • DPS/My Deposits Sort Code
  • DPS/My Deposits Account number

For a transfer to DPS/My Deposits from TDS Insured, the new party will need to register the deposit with DPS/My Deposits and provide you with the copy of the certificate if they have registered with an Insured scheme/bank details and deposit ID if they have registered with a Custodial scheme so you can transfer the deposit directly to the scheme. This will ensure that there is proof of protection before the transfer can occur. 

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