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When does TSB launch?

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Comments

  • DunPin
    DunPin Posts: 131 Forumite
    Whats this TSB thing? I just updated my address and everything to a branch that is due to change to TSB (I didn't know that at the time), does this mean that that I will no longer be a Lloyds TSB customer when the switch comes?
  • System
    System Posts: 178,428 Community Admin
    10,000 Posts Photogenic Name Dropper
    Yes and no.

    Lloyds TSB will no longer exist as such.
    There will be Lloyds Bank and TSB Bank - 2 separate banks
    DunPin wrote: »
    Whats this TSB thing? I just updated my address and everything to a branch that is due to change to TSB (I didn't know that at the time), does this mean that that I will no longer be a Lloyds TSB customer when the switch comes?
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • stclair
    stclair Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 30 May 2013 at 11:22PM
    When will actually see the tsb logo above the door?

    Has a date been set for the offical branch rebranding?
    Im an ex employee RBS Group
    However Any Opinion Given On MSE Is Strictly My Own
  • sscott5581
    sscott5581 Posts: 663 Forumite
    Part of the Furniture 500 Posts
    According to online banking messages terms and condition change on 14th August.
  • Jaycee_Dove
    Jaycee_Dove Posts: 223 Forumite
    Anyone know how this will effect shareholders? TSB customers got shares in LLoyds TSB as part of the merger in the 90s. How does it effect those staying with Lloyds and those being moved to TSB? Will they all hold shares in what will become just Lloyds???
  • rb10
    rb10 Posts: 6,334 Forumite
    Jaycee_Dove wrote: »
    Anyone know how this will effect shareholders? TSB customers got shares in LLoyds TSB as part of the merger in the 90s. How does it effect those staying with Lloyds and those being moved to TSB? Will they all hold shares in what will become just Lloyds???

    Your shares are in Lloyds Banking Group.

    Nothing will change there - they are just selling off part of their business. They announced the sale of a different part of their business this morning, this is just another one to add to the list and doesn't impact the company your shares are held in.
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