Multiple Current Accounts

dzug1

sparko_81 wrote: »

Am I prevented by legislation from holding more than one current account?

Replies would be appreciated.

S_81

There is no legislation - you can have as many current accounts as the banks will let you open.

alisonmeyers

we have 3 current accounts (for various reasons - mainly because my husband is self employed and we prefer to keep specific accounts for specific things - we have enough paperwork to organise and diff. accounts means things are neater). i didn't ever think to ask if there was a limit when i opened the others, if i'm being honest - put it this way, all three are with different institutions and i never had any questons/issues to address when i was opening them (the last one about 4 years ago).

DCFC79

I have an rbs, natwest and a nationwide, i had the NW for free bank w/d abroad and the natwest for paying money/cheques in as its not in town and so no car parking fees but they dotn open on saturdays so i may well end up closing the natwest and n/w accounts and move my rbs to either barclays or lloyds(or maybe both) when the branch moves over to santander

Loughton_Monkey

Seven Current Accounts to my name.

michaels

Lost count, don't have enough fingers.