Declined for YBS Cash Transactor Account!!

kirkbyinfurnesslad_2

just send it by registered post.....

Archi_Bald

Gromitt wrote: »

Pity they don't accept copies certified by the Post Office.

"We accept copies of documents certified by solicitors, accountants or bank/building society staff.".

Good luck getting a bank to certify a document so you can open an account with a competitor, so I guess that limits you to solicitors and accountants. They are not going to be cheap.

I think they will. Their form is just pre the PO service.

I agree, getting any bank/BS to certify anything for you is no mean feats these days, even if you are a long-standing customer. I still remember Nationwide telling me that they "don't do" certifications any longer, even though I had about 10 different accounts with them at the time.

Solicitors will do it for about £20 but you might need an appointment.

Archi_Bald

kirkbyinfurnesslad wrote: »

just send it by registered post.....

:eek::eek::eek::eek:

I'd never part with my passport that way.

grumbler

Archi_Bald wrote: »

I think they will. Their form is just pre the PO service.

It's not uncommon for banks not to trust PO: Passport certification for First Direct
I see you posted twice in that thread...

Archi_Bald

Yeah but FD are working under HSBC rules which are becoming increasingly bizarre.

System

It's not a quasi/pseudo/pretendy current account - It's a savings account and will have been ID searched as such.

YBS have seen something like a CIFAS marker or similar they don't like to decline the application.

YorkshireBoy wrote: »

You can set up SOs and pay DDs. Like I said, it's a pseudo basic bank account.

grumbler

Heng_Leng wrote: »

It's not a quasi/pseudo/pretendy current account - It's a savings account

Can you give a 'bulletproof' definition of 'current' and 'savings' then?

Gromitt

Heng_Leng wrote: »

It's not a quasi/pseudo/pretendy current account - It's a savings account and will have been ID searched as such.

Ok, it's a savings account, but it can be used as a current account if you ask for the associated card - you can withdraw cash from an ATM, and you can deposit funds directly at a branch. You can also pay bills via DD or SO.

It's a strict savings account only if you don't get the associated card (then you can't withdraw using an ATM, and can't do bill payments)

YorkshireBoy

grumbler wrote: »

Can you give a 'bulletproof' definition of 'current' and 'savings' then?

Whilst we wait for that, I'll provide a definition of "pseudo" to back up my earlier statement...

Not actually, but having the appearance of (a current account)

But the general definition of a current account is an account which serves to handle this month's money, wages in/bills and cash out. Typically pays no, or very little, interest, and usually comes with a chequebook*.

Why on earth would anyone want a 'savings account' paying 0.05% AER?


* I concede this one doesn't, but then I didn't say it was a "current account"...I said it was a "pseudo basic bank account".

grumbler

A chequebook definitely can't be used as a distinctive feature.
I think many (most?) basic current accounts don't come with a chequebook. At least this was the case for the only one basic account that I ever had (as I wanted a cash card specifically) with Nationwide.