Petition To Prime Minister

Malcolm_Davis

The petition to stop bank account detail sharing with the credit reference agencies, without our permission, is already nearly at 3,500. Let's keep it going!

The issue is permission! permission! permission!

The banks could now send you a letter to sign, asking if you are happy for your details to be shared. If you are and they ask, great. Why don't they do this, well it would cost them cash, cash, cash!

But beware, like all things the government just need to change the law. They they could then check your bank account details! Not just the public record files.

Lets stop the extension of 'Surveillance Britain!'

Please sign the petition for all our sakes. There is a much bigger issue at stake here!

A government happy to trample over our human rights to privacy.

Even if you are happy to have your bank account details shared please sign the petition. Remember they could just write to you and ask your permission and everybody's happy. I don't get my details shared, and those who do want there's shared, can too.

Tell all your friends about this too.

http://petitions.pm.gov.uk/bankdatasharing/

Malcolm_Davis

However you look at it, it's all about consent.

Money laundering checks can only take place with your permission. But the whole system as Martin points out is geared against the consumer and in favour of Corporate Britain. You can't have a bank account these days without checks and having your data shared.

Something like half of Britain's have no credit agreement, and 1 in 4 don't ever want one. What use is data sharing to them!!

Technically it's not against the law to open a bank account in another name, or to open one in your name and change it by deed poll!

As I said above the whole issue for me is consent, wether its debt, or related to anything else.

Guess I am just old fashioned like that! And I am not about to change now!!

Malcolm_Davis

That's correct. You give your consent now, when you sign the contract agreeing to the terms and conditions of bank accounts to have your data shared with the private companies who make a profit from sharing our personal financial information.

But 33 million bank customers have not given their consent to have their bank account details shared, because there was no consent clause in their bank account contract's terms and conditions. Sorry banks.

The government wants to allow the banks to share their details without giving them the chance to say yes or no.

Article 8 of the European Human Rights Convention gives us the right to privacy for our private correspondence. This proposal will make the Data Protection Acts worthless.

I would like my human rights respected, thanks.

An alternative solution. It would cost the banks money though!

The banks could, under current laws, write a letter to me asking for permission to share my data with the credit reference agencies. I would say no. Other people may say yes. That's their right. That's a sensible solution to this issue. Not the extension of 'Surveillance Britain.'

Anyone who agrees, and values their rights can sign the petition at:

http://petitions.pm.gov.uk/bankdatasharing/

Tootsie_Roll

Malcolm_Davis wrote:

That's correct. You give your consent now, when you sign the contract agreeing to the terms and conditions of bank accounts to have your data shared with the private companies who make a profit from sharing our personal financial information.

But 33 million bank customers have not given their consent to have their bank account details shared, because there was no consent clause in their bank account contract's terms and conditions.

The government wants to allow the banks to share their details without giving them chance to say yes or no.

Article 8 of the European Human Rights Convention gives us the right to privacy for our private correspondence. This proposal will make the Data Protection Acts worthless.

I would like my human rights respected, thanks.

An alternative solution. It would cost the banks money though!

The banks could, under current laws, write a letter to me asking for permission to share my data with the credit reference agencies. I would say no. Other people may say yes. That's their right. That's a sensible solution to this issue. Not the extension of 'Surveillance Britain.'

Anyone who agrees, and values their rights can sign the petition at:

http://petitions.pm.gov.uk/bankdatasharing/

This is folly in my view. Another example of the 'right on, power to the people' that is going to backfire against us. As Al Mac mentions we have already signed to agree to having our details shared with the CRA's - I am unaware of the '33 million bank customers' who have not agreed to this; in both banks I have worked for over 12 years I have never seen an agreement that doesn't state it very clearly. Bearing in mind that the population is around 60 million (including children) I believe there is a large discrepancy in the 33 million figure ! Even if it were true what's to stop the banks form closing all the accounts of people who refuse to sign. Folly

Malcolm_Davis

Well my dear Tootsie Roll, if 'Right on, power to the people' is an insult in your corporate world, I am pleased to wear that label!

Anybody who wants to know where my facts come from, please follow the link to the DTI consultation paper on this issue:

http://www.dti.gov.uk/files/file34513.pdf

In my view, debate is not about throwing insults around, its about arming everybody with the facts to make their own minds up.

Besy wishes

Malcolm.:beer:

PS the petition can be signed at: http://petitions.pm.gov.uk/bankdatasharing/

shameless-about-money

Tootsie_Roll wrote:

This is folly in my view. Another example of the 'right on, power to the people' that is going to backfire against us. As Al Mac mentions we have already signed to agree to having our details shared with the CRA's - I am unaware of the '33 million bank customers' who have not agreed to this; in both banks I have worked for over 12 years I have never seen an agreement that doesn't state it very clearly. Bearing in mind that the population is around 60 million (including children) I believe there is a large discrepancy in the 33 million figure ! Even if it were true what's to stop the banks form closing all the accounts of people who refuse to sign. Folly

Banks have far too much power to start with - I am happy to sign this petition.

Just because you work for a bank does not mean that you are part of that corporation, you do still have a head and mind of your own to think with - in the real World.

Tootsie_Roll

Malcolm & Shameless

I have mentioned on here quite a few times that I don't work in the finance industry anymore - I now have my own small business so not even part of the 'corporate world' you seem to despise so much and clearly able to 'think for myself'. Can't see anything insulting in my post either.

Perhaps because I can 'think for myself' I can see beyond the headline and grasp the full implication of this sort of action; I and others quickly pointed out that banks were going to bite back if re-claiming charges became more popular and sure enough that's exactly what is happening with accounts being closed and monthly fees starting to pervade, ruining one of the best free banking systems in the world. Whilst I don't expect this petition to amount to much the same principle remains - take off your blinkers and look at the bigger picture - please.

shameless-about-money

The banking was never "free", the banks were, and are, charging through the back door. Had the fees been reasonable in the first place no-one would have objected when they made a mistake on their accounts. It was the very fact that the banks and credit card companies saw an eye to the main chance and pounced.

The banks are making sufficient money that they don't need to charge fees for misdemeanours, or fees for regular accounts either. They are just after more and more and more money.

shameless-about-money

The banks are making excess money, that is the difference. Fleecing already hard-pushed families to the edge.

Malcolm_Davis

Dear Tootsie roll,

I fully respect what you say.

For me this issue is one not just of finance, it is an issue which is much bigger, packaged in a box marked finance.

It represents this government's tendency to trample our civil liberties, which were won by the blood and sweat of our fore fathers.

My grandfather, like many thousands of other ordinary men and women, fought his way through Normandy, witnessing many horrors, in the 1940s to protect our civil liberties and to give you and me the chance to live in a free society. Idealistic stuff maybe, but that's just the way I feel.

So while I respect your views, please understand for me this is a much bigger issue than one of just finance. And an issue I will stand up for.

And if this is 'right on, power to the people' stuff, I will not apologise for that.

http://petitions.pm.gov.uk/bankdatasharing/