Bank vs Building societies?

cheeky-virgin

Well can you please define the proper bank and building societies ?
and please can i have the list of the building societies and proper banks ,

i would really appreciate that as i am looking forward to open up an account.

Thanks.

Phoenix79_2

Building Societies (list of the current ones)
http://en.wikipedia.org/wiki/Building_society

cheeky-virgin

Phoenix79 wrote:

Building Societies (list of the current ones)
http://en.wikipedia.org/wiki/Building_society

Thank you
so Natwest is not a building society....

Phoenix79_2

Nope...its one of the biggest banks around.

You specifically looking at opening a current account at a building society?

Bernard_Coleslaw

cheeky-virgin wrote:

Thank you
so Natwest is not a building society....

And never has been.

Although, to make things confusing, NatWest came about from a merger between the National Provincial Bank and Westminster Bank about 40-odd years ago, from memory.

And there used to be a completely unrelated building society called the National & Provincial, which was taken over by Abbey National in the nineties.

But no, in answer to your question, NatWest isn't a building society and never has been. If there's a 'plc' in there, it's not a building society.

Gordon_the_Moron

... and if theres such uncompetitive products in their as Natwest's it isn't a building society either (usually)

:xmassmile DA MORON :xmassmile