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Santander discriminates against Cahoot customers
Comments
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I set up a payment instruction today to a cahoot account holder. The automated sort code system for earlier payments had previously come up with Cahoot as the bank. Today it came up as Santander.
So, maybe a winding down or slow merge is in process.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Santander winding down the operation?
Santander apparently has several such 'orphan' brands acquired over the last few years' buying in different countries; last I read, a few months ago, was that Santander was planning to rebrand all of them under one name (probably Openbank, which it uses in Spain).0 -
Well, I had a reply from one of Steve Williams' minions at Santander, basically saying "Yes, you're right, we can own or disown Cahoot customers depending on what suits us best - basically we can do what the hell we like, so scr*w you". What a delightful way to treat a loyal customer of many years' standing.
My application for a First Direct current account is progressing through the system ... ;-)0
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