Natwest how long do they keep records for?

CLONNEN

Are there any Natwest bank employees out there who can tell me if Natwest would still have a record of the payment details (sort code and account number) for a standing order which was last paid in 1996 and started in 1979.

It's all explained in another thread https://forums.moneysavingexpert.com/discussion/2644797

onlypaddy

i think from a legal stand point, the statute of limitations says that you can only go back 6 years when claiming things....so I wouldnt expect them to keep records for much longer than that.

usedandabused

6 years as it is all tied into legal requirments for accounting records

KingElvis

All those records will probably be printed out and stored in a barn somewhere

I have seen some strange "secure storage areas" in my working life and have seen this with my own eyes.

Haven't seen yours though and good luck finding it.

usedandabused

KingElvis wrote: »

All those records will probably be printed out and stored in a barn somewhere

I have seen some strange "secure storage areas" in my working life and have seen this with my own eyes.

Haven't seen yours though and good luck finding it.

haha so true, but usually storage warehouses then barsn for banks lol then come the magic 6 years, mass shredding takes place.
although most bigger business' have moved to electronic records now anyway.

i'm pretty sure banks and most institutions keep their records by the legal record keeping minimum as required by law(hmrc)