Santandare Takeover of RBS and NatWest....

RobHolyhead

Hi all

Not a happy chappy today! Santandare have completed their takeover of RBS and Natwest, I have happily banked with RBS for a long time but no more my accounts are being moved over to a Spanish bank on their terms which will put 1.8 Million UK bankers out of pocket, This transfer will happen in the next 12 - 18 months and i want out before that time comes, Ive been looking in to Nationwide as they seem the most promising UK bank, can anyone suggest where i should move to? what are your dealings with the other banks? good and bad?

P.S If anyone suggests the Halifax i shall hunt you down and wash your mouth out with a bar of soap! :rotfl:

Thanks

Rob

jen245

Just to clear up, they are NOT taking over RBS/Natwest completely, they are taking over Natwest branches in Scotland, and RBS branches in England (with the exception of one branch). If you are in England and have RBS accounts either move them to a Scottish branch, or switch to Natwest.

onlypaddy

If you are happy with RBS you can transfer your account to a scottish branch and remain with them

knightfox

I can presume that you have seen this that was on yahoo this week

http://www.lovemoney.com/news/make-your-money-go-further/improve-your-finances/the-naughty-bank-trick-that-may-cost-you-100-10168.aspx

All anyone needs to do is call them as shown by this link

http://www.thisismoney.co.uk/savings-and-banking/article.html?in_article_id=515674&in_page_id=7&position=moretopstories

or open a new account in RBS Scotland.

knightfox

https://forums.moneysavingexpert.com/discussion/2658273
this thread has had over 3,500 views a little reading if needed

https://forums.moneysavingexpert.com/discussion/2754462
the people on this site has also raised the situation as well

onlypaddy

or you could always go for a Halifax account

datostar

RobHolyhead wrote: »

my accounts are being moved over to a Spanish bank on their terms which will put 1.8 Million UK bankers out of pocket,

Thanks

Rob

That's an awful lot of bankers to be losing their bonuses.

RobHolyhead

Hi all,

Yeh im aware i can stay with RBS but i dont want to be based in Scotland, its a bit of a trip to go in to my branch for a review! I live in doncaster and would like to remain with a british and locally based bank, Halifax, Lloyds, Natwest, RBS are all out of the question for me, Ive been considering Nationwide or HSBC as they seem to be leading the way with acceptable banking......(if there is such a thing these days), thanks for the thred links, ill read them tonight when i have more time

Rob

Onlypaddy......... The soap is coming for you, i wont say where or when but its comming.......

knightfox

if you need to go to a branch then you can choose HSBC. Natwest will give you the same sort of products as RBS, have branch and uk call staff.

As I have said to people before. Which upsets them it would seem. You need to work out what you want from a bank and then pick them.

First direct are good, depending on salary outgoings etc.

I wouldnt go near Nationwide they seem to be getting a bit upset. Co Op fund the labour party so I am not a fan of them, thats a bit personal.

young_money_saver

why are lloyds tsb, halifax, natwest and rbs all out of the picture? just wandering. personally I think lloyds tsb are a good bank. im a bit peeved off at the name change though! when lloyds do change the name will they still have the black horse on their card?

knightfox

young_money_saver wrote: »

why are lloyds tsb, halifax, natwest and rbs all out of the picture? just wandering. personally I think lloyds tsb are a good bank. im a bit peeved off at the name change though! when lloyds do change the name will they still have the black horse on their card?

Maybe it something to do with the govt takeover of them. Which is why the banks are out of the picture.

I would have thought that Lloyds will be allowed to keep the black horse.

Unless the Eu want him to run the national or something. Maybe a little directors day at Ascot.