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RBS Branch Sale Announcement

Expect something in the morning along these lines.....

http://www.guardian.co.uk/business/2010/aug/02/santander-overtake-hsbc-high-street

The RBS 'brand' to continue until January 2012 before the switch officially happens.
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Comments

  • So Santander will have branches using the RBS brand? looks like it will be confusing!
  • chambta
    chambta Posts: 2,770 Forumite
    Part of the Furniture Combo Breaker
    So Santander will have branches using the RBS brand? looks like it will be confusing!

    Until early 2012 I believe, yes.
  • huw01
    huw01 Posts: 398 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    as i stated in another thread, I will move my account from my local RBS Branch in North Wales to a scottish branch.

    There is no way I'm being part of Santander , I was unfortunate enough to have to deal them once they subsumed a Christmas Club which I was treasurer for which used to be with Abbey. I will never deal with them again.

    Anybody know what's the procedure to move your account from on RBS Branch to another or do I have to close the account and open a new one with a Scottish Branch ?
  • chambta
    chambta Posts: 2,770 Forumite
    Part of the Furniture Combo Breaker
    huw01 wrote: »
    as i stated in another thread, I will move my account from my local RBS Branch in North Wales to a scottish branch.

    There is no way I'm being part of Santander , I was unfortunate enough to have to deal them once they subsumed a Christmas Club which I was treasurer for which used to be with Abbey. I will never deal with them again.

    Anybody know what's the procedure to move your account from on RBS Branch to another or do I have to close the account and open a new one with a Scottish Branch ?

    You can go into your local RBS branch and request to open an account domiciled at a Scottish sortcode of your choice.

    Alternatively you can do the same online.
  • Sorry, confused. Are some RBS branches are becoming Santander? I'd have to leave RBS, there is no way I'm giving Santander a penny of my money.
    Payment a day challenge: £236.69
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  • chambta
    chambta Posts: 2,770 Forumite
    Part of the Furniture Combo Breaker
    Sorry, confused. Are some RBS branches are becoming Santander? I'd have to leave RBS, there is no way I'm giving Santander a penny of my money.

    It's expected to be announced in the morning that all English and Welsh branches will be sold to the Spanish bank.

    Whether they'll be branded Santander will up to the new owners.
  • huw01
    huw01 Posts: 398 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    Sorry, confused. Are some RBS branches are becoming Santander? I'd have to leave RBS, there is no way I'm giving Santander a penny of my money.

    RBS had to sell it's branch netowrk (including customers) for it's English and Welsh branches as part of the deal for receiving state aid during the banking crisis. And it looks like Santander are buying those branches:eek:

    Watch the mass exodus and march of account holders up the M6
  • chambta
    chambta Posts: 2,770 Forumite
    Part of the Furniture Combo Breaker
    Sorry, confused. Are some RBS branches are becoming Santander? I'd have to leave RBS, there is no way I'm giving Santander a penny of my money.

    They will also buy the right to the old 'Williams & Glynn' brand at the same time and will have the choice of reviving that and running a separate brand or integrate the network with their own.
  • Thanks HUW01, I'm in scotland so should be safe for now then? I had so much trouble with santander when they were abbey and couldn't bear to be with them again. I love my RBS a/c, never had a problem.
    Payment a day challenge: £236.69
    Jan Shopping Challenge: £202.09/£250
    Frugal Living Challenge: £534.64/15000
  • chambta
    chambta Posts: 2,770 Forumite
    Part of the Furniture Combo Breaker
    Thanks HUW01, I'm in scotland so should be safe for now then? I had so much trouble with santander when they were abbey and couldn't bear to be with them again. I love my RBS a/c, never had a problem.

    Regardless of where you live if your sortcode starts '83' then you will be unaffected unless outside Scotland and you presently use the local RBS branch.
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