Natwest...is it AKA RBS???

itsymitsy

Hi there, I'm new to this site so I hope this works.... I am just about to bite the bullet and face my demons. I have done the online CCCS debt remedy and I am to speak to someone tomorrow. I am unsure what route they will advise me....but any route will be better than the way I feel now, not sleeping for the worry etc.

Anway, as HSBC (who I currently have my bank account with) are going to be by far my biggest creditor (e.g. CC's, OD, 2 x personal loans) I am investigating opening another bank account to pay all my DD's from. I was looking at the Natwest account....However, it seems it is owned by the RBS.

This is where I am worried......I have a CC with RBS with a balance of approx £5,500. CCCS will undoubtedly be offering them a reduced payment....Will they be able to take any money from my newly formed bank account? Will this pose any problems? Do they still work as two seperate banks? Any advice would be appreciated.

Many thanks in advance


PS....what a wonderful site this is....I suddenly don't feel so alone x

antony85

DO NOT OPEN AN ACCOUNT WITH THEM,

they can legally take money out your newly found account. try halifax, they are not linked to RBS or natwest or HSBC,

just make sure you have no debts with any companies, who are owned by

halifax
bank of scotland
or halifax bank of scotland (HBOS)

oscar52

Others to consider are Barclays, A&L, Abbey (both Santander). Nationwide.