Child & Co RBS Branch to close

[Deleted User]

As I suspected 

https://forums.moneysavingexpert.com/discussion/6304560/child-co-branch-code-now-under-rbs-hq#latest

I would expect customers who already have an account to remain on the brand. Remember there are people on the 15-80-00 sort code that only received RBS cards and cheques. There is a separate level to this.

WillPS

IanManc said:

WillPS said:

IanManc said:

WillPS said:

I emailed the address on my letter asking about the brand and specifically the debit card/cheque books, I've received this in response:

"The Child & Co brand will remain as normal . All of the cheque books debit cards will remain the same. It is just the Branch that is closing."

That directly contradicts the letter, which says: "Any pay-in books, cheque books and bank statements you get from now on will have the Royal Bank of Scotland London Victoria, 119-121 Victoria Street, London, SW1E 6RA."

The letter is silent about debit cards.

My guess - and it is only a guess - is that Child & Co will stay open for private clients, but that the fake 15-80-00 "RBS London Child & Co branch" is disappearing to get rid of all us non-private-client plebs with our free Select Accounts to another RBS branch where everything we get will be RBS branded.

That letter is a template. I received exactly the same one to announce my branch of NatWest is closing (with a different address obviously). It's entirely possible the cheque books will continue to be Child & Co branded but will have the Victoria branch address.

You've missed the point I was making.

The building at 1 Fleet Street is home to two branches, RBS London Child & Co branch with sort code 15-80-00, and Child & Co Private Bank with sort code 16-00-80.

People who opened a Select Account on the RBS website got a 15-80-00 sort code and a free banking current account with Child & Co branded paying in books, cheque books and debit card.

It is the RBS London Child & Co branch that is closing, and the accounts are moving to an ordinary RBS branch.

The Private Client business is huge, with many firms of solicitors and barristers' chambers as clients, as well as individual lawyers, and other large businesses.

Yes, it is "entirely possible" for the cheque books etc continuing to be Child & Co branded, but it is unlikely because there would be little point in shipping out the non-private banking personal customers to an ordinary RBS branch if the bank was going to do that.

I only know one person who is a Child & Co Private Banking client and he hasn't had a letter. 

I suppose we can just wait and see what happens.

I'm not sure the notional location of the 15-80-00 branch has anything to do with it. There is a reason the 15-80-00 sort code seems to result in branded stationary being sent out, and I would suggest it is more likely to do with some sort of legacy products and/or customers which use that sort code. There is no rule that your accounts stationary must match the name or logo with that on your physical branch.

Despite looking fancier, the cost to RBS of sending out a fancy looking debit card or cheque book will not be significantly higher than sending out a normal RBS one.

IanManc

WillPS said:

IanManc said:

 There is no rule that your accounts stationary must match the name or logo with that on your physical branch.

No, just common sense.

WillPS

IanManc said:

WillPS said:

IanManc said:

 There is no rule that your accounts stationary must match the name or logo with that on your physical branch.

No, just common sense.

Common sense would determine that RBS products receive RBS branded stationary. It has always been a peculiarity that these RBS accounts don't - not "common sense" at all.

Marchitiello

WillPS said:

IanManc said:

WillPS said:

IanManc said:

 There is no rule that your accounts stationary must match the name or logo with that on your physical branch.

No, just common sense.

Common sense would determine that RBS products receive RBS branded stationary. It has always been a peculiarity that these RBS accounts don't - not "common sense" at all.

WillPS said:

IanManc said:

WillPS said:

IanManc said:

 There is no rule that your accounts stationary must match the name or logo with that on your physical branch.

No, just common sense.

Common sense would determine that RBS products receive RBS branded stationary. It has always been a peculiarity that these RBS accounts don't - not "common sense" at all.

More the peculiarity is the fact that the wanted to purposely retain those historic brands (amongst the oldest or more prestigious in the British Banking History).

Barclays could have done the same with the historic Gosling Brand associated to their 19 Fleet Street branch, but decided not to. 

WillPS

Marchitiello said:

WillPS said:

IanManc said:

WillPS said:

IanManc said:

 There is no rule that your accounts stationary must match the name or logo with that on your physical branch.

No, just common sense.

Common sense would determine that RBS products receive RBS branded stationary. It has always been a peculiarity that these RBS accounts don't - not "common sense" at all.

WillPS said:

IanManc said:

WillPS said:

IanManc said:

 There is no rule that your accounts stationary must match the name or logo with that on your physical branch.

No, just common sense.

Common sense would determine that RBS products receive RBS branded stationary. It has always been a peculiarity that these RBS accounts don't - not "common sense" at all.

More the peculiarity is the fact that the wanted to purposely retain those historic brands (amongst the oldest or more prestigious in the British Banking History).

Barclays could have done the same with the historic Gosling Brand associated to their 19 Fleet Street branch, but decided not to. 

Barclays have always historically traded solely under their Barclays brand (or derivates like Barclaycard, Barclayloan etc). RBS have been much less averse to trading under as many brands as they can keep hold of, and have even invented their own - Direct Line and the [Virgin] One Account for example.

What the future for Child & Co as a brand is, without a website, branch or anything other than the personal relationships they currently have, remains to be seen.

MDMD

Marchitiello said:

WillPS said:

IanManc said:

WillPS said:

IanManc said:

 There is no rule that your accounts stationary must match the name or logo with that on your physical branch.

No, just common sense.

Common sense would determine that RBS products receive RBS branded stationary. It has always been a peculiarity that these RBS accounts don't - not "common sense" at all.

WillPS said:

IanManc said:

WillPS said:

IanManc said:

 There is no rule that your accounts stationary must match the name or logo with that on your physical branch.

No, just common sense.

Common sense would determine that RBS products receive RBS branded stationary. It has always been a peculiarity that these RBS accounts don't - not "common sense" at all.

More the peculiarity is the fact that the wanted to purposely retain those historic brands (amongst the oldest or more prestigious in the British Banking History).

Barclays could have done the same with the historic Gosling Brand associated to their 19 Fleet Street branch, but decided not to. 

When Barclays closed the branch at 81 Fleet Street my “home branch” changed from “81 Fleet Street” to “Chancery Lane and Goslings” but keeping the 20-41-41 sort code. 

Strangely when I went in to open the account at Goslings (it wouldn’t let me open online so I had to open it at lunchtime one day) they sent me down the road to the larger branch saying they didn’t do account openings there.

[Deleted User]

Anyone got a Woolwich debit card and cheque book?

EarthBoy

MDMD said:

Marchitiello said:

WillPS said:

IanManc said:

WillPS said:

IanManc said:

 There is no rule that your accounts stationary must match the name or logo with that on your physical branch.

No, just common sense.

Common sense would determine that RBS products receive RBS branded stationary. It has always been a peculiarity that these RBS accounts don't - not "common sense" at all.

WillPS said:

IanManc said:

WillPS said:

IanManc said:

 There is no rule that your accounts stationary must match the name or logo with that on your physical branch.

No, just common sense.

Common sense would determine that RBS products receive RBS branded stationary. It has always been a peculiarity that these RBS accounts don't - not "common sense" at all.

More the peculiarity is the fact that the wanted to purposely retain those historic brands (amongst the oldest or more prestigious in the British Banking History).

Barclays could have done the same with the historic Gosling Brand associated to their 19 Fleet Street branch, but decided not to. 

When Barclays closed the branch at 81 Fleet Street my “home branch” changed from “81 Fleet Street” to “Chancery Lane and Goslings” but keeping the 20-41-41 sort code.

20-41-41 justs comes up as "Holborn" on the sort code checker.

MDMD

EarthBoy said:

MDMD said:

Marchitiello said:

WillPS said:

IanManc said:

WillPS said:

IanManc said:

 There is no rule that your accounts stationary must match the name or logo with that on your physical branch.

No, just common sense.

Common sense would determine that RBS products receive RBS branded stationary. It has always been a peculiarity that these RBS accounts don't - not "common sense" at all.

WillPS said:

IanManc said:

WillPS said:

IanManc said:

 There is no rule that your accounts stationary must match the name or logo with that on your physical branch.

No, just common sense.

Common sense would determine that RBS products receive RBS branded stationary. It has always been a peculiarity that these RBS accounts don't - not "common sense" at all.

More the peculiarity is the fact that the wanted to purposely retain those historic brands (amongst the oldest or more prestigious in the British Banking History).

Barclays could have done the same with the historic Gosling Brand associated to their 19 Fleet Street branch, but decided not to. 

When Barclays closed the branch at 81 Fleet Street my “home branch” changed from “81 Fleet Street” to “Chancery Lane and Goslings” but keeping the 20-41-41 sort code.

20-41-41 justs comes up as "Holborn" on the sort code checker.

So it does….there was a brand new much larger branch they opened where a sports direct used to be.  That must be where they “moved” it to.  Probably means Goslings will go as well. 

Fleet Street has lost a Barclays, HSBC and now Child and Co. since lockdown as far fewer people are going there but all of them have alternatives nearby.

Will probably end up just with Hoare’s Bank there in the end. To even go inside you need to persuade the doorman to permit you entry!