Yorkshire Bank Customer Mandate - consent to contact employer regarding salary?

Daysleeper

I recently contacted Yorkshire Bank to open a Current Account Direct and to bag their £150 switching offer. I've just received the paperwork through the post and am slightly concerned by what I’ve read.

The customer mandate (which I am required to sign and return) states 'I consent to you contacting my employer to verify that my salary will be mandated to the accounts'. This is the first I have heard of this requirement!

Nowhere on their website nor in the telephone conversation I had with a Yorkshire Bank employee to open the account was there any suggestion that my salary had to be paid into my new account. The qualifying criteria for the account listed on the Yorkshire Bank website states only 'Minimum monthly credit of £1000 required (excluding internal transfers)'.

I take no issue with Yorkshire Bank contacting my employer to verify the accuracy of the details I provided regarding my employer, job title, salary or duration of employment; the information I gave is all accurate.

I also intend to fund the account with £1000 per month, just as I funded the account I am switching away from. However, my salary was not paid into the account am switching from, and I do not wish for it to be paid into my new Yorkshire Bank account.

Has anybody had their account application to Yorkshire or Clydesdale banks scuppered on the basis of a check made on the destination of their salary?

jonesMUFCforever

Why don't you just cross out the offending paragragh and sign it - send it back and see if they accept it.
If they won't you will have a choice to make - walk away or grin and bear it.
There is nothing stopping you changing your salary back to your original bank after one month.

Thrugelmir

Daysleeper wrote: »

I also intend to fund the account with £1000 per month, just as I funded the account I am switching away from. However, my salary was not paid into the account am switching from, and I do not wish for it to be paid into my new Yorkshire Bank account.

Perhaps you are not the type of customer that they are looking to attract.