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Negative interest rates for personal banking customers unlikely despite warning to co

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The prospect of personal customers receiving negative interest rates is unlikely, despite a warning to business clients...
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'Negative interest rates for personal banking customers unlikely despite warning to commercial clients'

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'Negative interest rates for personal banking customers unlikely despite warning to commercial clients'

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If all the banks in UK start giving negative interest, I will just take the money out and keep it in the safe at home.
they already rip off their existing customers giving them paltry returns on their money.
and now they're threatening negative interest rates and charging people for the privilege of banking with them!
and yet some many will still stick with them?
WHY?
I don't bank with that group but if rates are negative why would you expect banks in general not to pass this cost onto their customers?
Certainly not the full amount. For liquidity purposes banks have to hold a percentage of call money ready for immediate withdrawal. The percentages for each bank aren't published, to the best of my knowledge, but it was very strict at my last bank. We were not allowed to use the deposits on customer current accounts to fund term lending at all. I wouldn't expect it to be so strict at a high street bank, though.
Other banks will follow. They are merely ensuring their account terms and and conditions cover all eventualities.
Euro denominated accounts have being negative rates of interest with some banks for a while now. As a quasi sector public sector body we've moved all our accounts from Citibank to NatWest. No small exercise.
This is a non story. Personal and business accounts are miles apart. Imagine telling personal customers that they're going to have to pay 27p to deposit a cheque, and 21p for every payment they make, and 15p to withdraw cash (figures from memory).
compared with other banks natwest and rbs customers get little for the monies invested in them.
so to then say they'll start charging as well is really cheeky.
i dont mind paying for banking if im getting something good in return.
We are looking to move for a better service, as minislim says we also don't mind paying for banking if you get a good service! Anyone have ideas for good reliable small business banking options?
The service depends to an extent on who your relationship manager is I guess.