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Imminent takeover.

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  • jen245
    jen245 Posts: 1,606 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Santander are buying RBS branches in England, and Natwest branches in Scotland only. Scottish RBS and English Natwest branches are not affected.
    Debt free and staying that way! :beer:
  • System
    System Posts: 178,346 Community Admin
    10,000 Posts Photogenic Name Dropper
    So is this true then? RBS are becoming part of the Santander group? Is this confirmed anywhere? Does anyone have a link to any info? Also, will this have any impact on Natwest?

    Where have you been ? :rotfl:

    See info from the specific RBS webpage:
    http://rbsbranchinformation.co.uk/?DCMP=ILC-SearchResDivestTxt

    And yes, NatWest is impacted, but it is the NatWest branches in Scotland that are being sold to Santander (Not those in England / Wales)
    See info from the specific NatWest webpage:
    http://natwestbranchinformation.com/?DCMP=ILC-SearchResDivestTxt
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • EarthBoy
    EarthBoy Posts: 3,210 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    So is this true then? RBS are becoming part of the Santander group? Is this confirmed anywhere? Does anyone have a link to any info? Also, will this have any impact on Natwest?

    The RBS group isn't all becoming Santander, but they are selling off all the RBS branches in England, and all the NatWest branches in Scotland. They will be keeping RBS in Scotland and NatWest in England. This has been widely advertised, and discussed at great length on these forums. You can find full details on both the RBS and NatWest websites.
  • auto-man wrote: »
    Links below but just google santander buying natwest and you'll see over 1 million options!

    Means nothing. If you Google santander buys bernard matthews you get over 55,000 hits!
  • tagq2
    tagq2 Posts: 382 Forumite
    Means nothing. If you Google santander buys bernard matthews you get over 55,000 hits!
    Turkeys buying the slaughterhouse? *ducks*
  • scott_lithgows
    scott_lithgows Posts: 1,427 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    edited 28 September 2011 at 10:34PM
    Put in "Santander are crap" you get about 291,000 hits
    rubbish gets 573,000
    sh*t gets 493,000


    All rubbish since the good old days of "abbey are s*it" which wins at 4,950,000
    I have a deep burning indifference
  • chambta
    chambta Posts: 2,770 Forumite
    Part of the Furniture Combo Breaker
    fluffy70 wrote: »
    chambta We have to tell people before opening new accounts. Think I've only had one person reconsider.


    really?? I opened an account in portsmouth last week and no one mentioned a thing about this transfer to Santander!

    They should have.

    There's a booklet you should have been given and there's something that should have been brought up on screen before any application gets processed.

    I'm not naive enough to think the correct process is followed though.
  • JohalaReewi
    JohalaReewi Posts: 2,614 Forumite
    Twister84 wrote: »
    Regarding the transfer of accounts...let's just say those affected will be notified very, very, very, very, very soon. :p

    Blimey.
    Just got letter from RBS saying that they are about to start the transfer of my account to a Scottish branch as I requested. Should be complete by the end of the year.
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