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Best Bank Account for non-Uni Student
Hi there, My son has a Lloyds Under 19's Current Account but is now 19 years old and needs to review his account. He tried to open a student account with Santander but was unable to as, although he is a College student, these accounts are only eligible to Uni students who will be paying in a student loan. Therefore, can…
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wrong name on cheque
Someone wrote a cheque with wrong name on it first name shortened as in Robert Rob Last name wrong the same last name as the partner has on the joint account....i.e. the person writing cheque thought they were married ... Will the bank accept it in Rob's account? Will putting it in through one of those hole in the wall…
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US Dollar Account with Debit Card for UK Resident
I work for a US company and receive share options which, when sold, are paid to me in US Dollars. I generally pay fees and suffer from the offered exchange rate in order to transfer the funds to my UK GBP account. In August we're travelling around California for 3 weeks, before which I should be receiving another share…
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Changing Bank
A few questions I am with Santander 123, and I invested the maximum £200 a month at 5% another 2 payments and that will be the end of the 5%. So I intend to put the money back into my current account which will give me a total of £4000 in the account, so I thought about changing to another bank to get the incentives and…
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First Direct holds
I was just wondering whether any other FD customers who have called since the start of 2018 have noticed a significant increase in the time it takes to get connected to someone? Almost every single time I called them in 2017, it would be instant, however every time I have called FD this year, there has been a wait of at…
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Current Account/Savings Set-Up
Hi everyone, Watching this morning's MSE on telly has finally spurred me on to sort out my bank accounts and having trawled through this site, I think I've finally settled on a plan, though am eager to sense-check it with those more knowledgeable. My Current Set-Up I've had this since my mum set it up ages ago and have…
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Paying Credit Card by multiple DD?
Is it possible to set up more than one DD from two different banks, to pay off a Credit Card monthly in full? Example: Bank 1 pays a constant £5pm by DD, then Bank 2 pays remainder pm by DD. I'm assuming I will always have a monthly CC bill greater than £5. Any one already doing this? TIA
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Nationwide RAF not payable when previous Switch bonus paid?
My wife recommended me under the RAF scheme but Nationwide have refused to pay as I received a switch bonus from them several years ago. Basically I moved an account away from them but now moved it back under the RAF scheme. They have refused payment under rule 11 from RAF terms which actually states - “The recommended…
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Credit card
Hi, my bank TSB is offering me a credit card with cashback. I never bother with credit card so never owned one as i buy most things with a debit card. If i take out the credit card, I assume at the end of the month i have to pay tsb interest because i brought items on credit using their credit card? can this be beneficial?…
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IBAN/SWIFTBIC changes
Has anybody else noticed either their IBAN or SWIFTBIC for any of their accounts being changed recently? I ask this as the SWIFTBIC for one of my accounts changed from BARCGB22 to BUKGB22. There appears to be no announcements anywhere regarding this. Is this part of the whole ring-fencing malarkey that banks have going on…
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Tarting - standing orders with mule
Have a spare Current Account I intend to use as a Mule, which I haven't used in many years. (I have a separate current account with the same bank I've held over 5 years which I use as my main account). The HSBC one says "To get the bonus, you must open the account and start a full switch using HSBC's official switching…
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Deathwish of bank branches
I live in a small market town which upto about 3 years ago had branches of all 4 of the main banks plus agency's for nationwide, halifax ect we are now in a position where all the agency's have moved on HSBC closed last year , Nat west are closing this year , Barclays have reduced their opening hours to 2 days a week…
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Quick account opening
The OH needs an account opening to do the Natwest switch offer. Can anyone suggest one that provides instant opening (unlike NatWest and their digidocs service) and is easy enough to get. Thanks
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Lloyds new overdraft fees, still charging me old fees on top??
Hi, I have a classic current account with lloyds with a £200 overdraft limit which I go into regularly almost up to the limit. The charge was £6 monthly plus interest. Then lloyds brought in their new charges which should be a daily fee when you're overdrawn but no monthly fee. I'm being charged both. A few pence each day…
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Opening a basic bank account or a savings account when not on the electoral roll?
Has anyone ever had any experience of opening a basic bank account or a savings account when not on the electoral roll? Am currently staying temporarily with a relative and have moved my bank accounts to that address. However, as I expect to spend more than 6 months abroad during this year, I feel that I shouldn’t join the…
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Looks like NatWest have stolen my money?
I'm a foreigner, I worked for the UK institution for several years and they had opened the bank account for me at Natwest, the UK National Westminster Bank a part of the Royal Bank of Scotland Group. At very least they took possession of my money for more than a year, unless forever. as they ignore my messages now and…
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EU Payment Services Directive
I have read that the EU payment services directive is now law. This means that UK banks can no longer charge for using your debit card within the EU for ATM withdrawals, purchases and across border direct debits. Has anyone else heard about this or is it a secret?
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Who owns this bank account? (and quick question about ISAs)
In the case of a bank account that was opened for me in my mother's name when I was a child, and later converted into a normal savings account, but still says "[Mother's Name] RE [My name]" on the statements, who does this bank account legally belong to? (and more to the point, who does the interest paid on it belong to?)…
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Would closing barclays current account affect my barclaycard?
my wife and I have held our main joint account with barclays for a long time. we also both have a barclaycard each carrying balances that would be awkward to pay off instantly. The service in our local barclays branch has completely gone down the toilet. the cashiers have all been replaced with ATMs, there is always a huge…
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Do long term relationships with banks matter?
Hi I am thinking of switching banks for the cash incentive. I have been with my bank for over 20 years. I don't feel loyal to them I am thinking purely of what difference it makes to the wider picture to financial institutions if you have had a long relationship with a bank does it look favourable in any way? Just to…
