We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Switching Current Banks Accounts
tbarson1
Posts: 72 Forumite
Hi,
I want to switch from Nationwide to another bank as my current account. For 7 day switching I can see that they switch all direct debits and payments for you. With Nationwide I have a small personal loan. If I switch bank accounts the loan will still be with Nationwide but how will I pay them their monthly payment? Will me new bank sort this?
I want to switch from Nationwide to another bank as my current account. For 7 day switching I can see that they switch all direct debits and payments for you. With Nationwide I have a small personal loan. If I switch bank accounts the loan will still be with Nationwide but how will I pay them their monthly payment? Will me new bank sort this?
0
Comments
-
"For 7 day switching I can see that they switch all direct debits and payments for you"
there is your answer then. Assuming your payment to the NW loan, is from your NW current a/c, you need to do nothing, just switch. Direct debit from new bank, pays NW loan.
Dont forget to go for a Bank that pays an incentive/bung0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards