Linked Banks

giddykipper

Hi all

Does anyone have a list (or can point me in the direction of one) of all the banks that are linked (like RBS and Natwest etc etc).

I've just opened a new account with A&L but need to check its not linked to the RBS.

Thank you kindly

Jo x

Cazza

Hi! can't do the list I'm afraid, but I'm certain RBS and A&L have no links! (Used to work for A&L!)

livinginhope

Hi GK,check out Payplan's website,there is a full list of the banks and who's connected to who.
LIH

Nicky_3

http://www.payplan.com/pdf/bank_acc.pdf

Thats the one from Payplan's site.

Link means where 2 banks are connected - such as MBNA and Abbey National. This means they have the right if necessary to take money from one account and it in another if you owe them money.

ie money owed, but not paid to MBNA - so MBNA can take money out of your Abbey account to pay MBNA - thats called "Right to Offset".

giddykipper

Excellent - thanks very much.

Jo x

oscar52

[QUOTE=Nicky
ie money owed, but not paid to MBNA - so MBNA can take money out of your Abbey account to pay MBNA - thats called "Right to Offset".[/QUOTE]

ermmm no they cant. MBNA have absolutely nothing to do with Abbey banking, they only administer their credit card. They have no link to the Abbey accounts (current, savings or other), and therefore are unable to take money from the account. (and i work there:sad: )

giddykipper

So how do I stand with a Virgin CC but an A&L account? Any ideas? Can Virgin take the money for my cc from my A&L account?

Cheers

Jo

giddykipper

Its ok you can ignore me - just had it confirmed in another post!

Jo x

oscar52

giddykipper wrote:

Its ok you can ignore me - just had it confirmed in another post!

Jo x

if its my post above, you can click on thanks if you like

oscar52

giddykipper wrote:

Its ok you can ignore me - just had it confirmed in another post!

Jo x

if its my post above, you can click on thanks if you like