Is it legal for Barclays to force me to bank with them because i work for them?

Cook_County

I would argue that The Truck Act of 1831 made this nasty practice illegal.

glider3560

Cook_County wrote: »

I would argue that The Truck Act of 1831 made this nasty practice illegal.

But Barclays are not offering "tokens" that can only be used in their stores. Once the money is in their account, you can freely transfer it to another account or withdraw it at an ATM or branch counter.

Simple solution is to logon to online banking on payday and simply transfer the whole lot to your preferred current account. If it goes by FPs, then you'll have the money in your chosen account immediately.

Also, the Wages Act 1986 repealed the Truck Act 1831.

simax

Valli wrote: »

well look at it from a potential customer's point of view. If you work for Barclays but wouldn't bank with them and yet you are selling Barclays products to a customer but admit to banking elsewhere it would be off-putting to the customer which will be, I assume, the reasoning behind the ruling.

Who would have the cheek to ask a bank employee who they bank with?

I'd tell them to mind their own business!

I work for a mobile operator, and have a staff line, which is unused, and my main contract is with a competitor. Various reasons behind this, but they are my reasons and I don't have to justify them to anyone.

Mrs_Ryan

I used to work for Abbey (before they were Santander) and banked with Barclays - they had no problems with that, it wasnt compulsory to have an Abbey a/c but if you did you got paid a day earlier. I did end up opening an Abbey basic account but just so I could get my money a day earlier!

Valli

simax wrote: »

Who would have the cheek to ask a bank employee who they bank with?

I'd tell them to mind their own business!

I work for a mobile operator, and have a staff line, which is unused, and my main contract is with a competitor. Various reasons behind this, but they are my reasons and I don't have to justify them to anyone.

suppose a bank employee, giving the spiel on a new acount - one of thse where, say, you pay so much a month but get various 'perks', was asked by the customer, 'Do YOU have one of these accounts then' and gets the reply 'no actually, I bank with a different bank...'
same reason, in a way, I suspect, that store staff get discount cards so they shop where they work. Then they can recommend products of the store because they have actually tried them.
I'm not saying the bank's right - just, possibly explaining some of the reasoning behind it.

Valli

Cook_County wrote: »

I would argue that The Truck Act of 1831 made this nasty practice illegal.

But the Truck Acts were intended to prevent employers paying wages, whole or in part, in kind.

Employment Rights Act 1986 would be, I believe, current legislation in this area.

stclair

There was a drama within RBS over this policy a few years ago.

http://news.bbc.co.uk/1/hi/6482979.stm

lvader

This policy was in place when I joined Barclays 20 years ago.

DON79

This was in place with Bank of Scotland when I started work with them but now no longer applies I believe. I still work for them but I take great delight in banking elsewhere because basically I have had awful treatment from my employer in terms of my accounts with them and as a member of staff.

Danstar_2

simax wrote: »

Who would have the cheek to ask a bank employee who they bank with?

I'd tell them to mind their own business!

I work for a mobile operator, and have a staff line, which is unused, and my main contract is with a competitor. Various reasons behind this, but they are my reasons and I don't have to justify them to anyone.

Out of Curiosity is it because they can have whole text message transcripts? See who you're calling and when, how long and pressumably transcripts for the calls?

Also they could triangulate your reception (pressuming it's true and bot just in films) finding out where you are at all time.

Funny advert from this...Talk Talk sponsors Big Brother, if you work for Talk Talk - we ARE Big Brother. #cue the BB eye.