Child & Co RBS Branch to close

planteria

any updates re what is happening with these accounts?
are 15-80-00 accounts going to continue with the same sort code and account number?
do we know definitively whether Cards and Statments will continue to be Child & Co branded? 
is 1 Fleet Street closing as a bank branch altogether? 

[Deleted User]

It’s established fact that the whole branch will close down to all customers.

Also that just because the branch is closing does not mean the brand will disappear as RBS state in the DM article.

However what is still unclear at this stage is what is happening to the retail customers and also if it will still be possible for retail customers to open an account on the Child brand beyond the end of June. It looks like we are just going to have to wait and see!

[Deleted User]

We approach the end. If anyone wants an account, now is the time. 

planteria

are 15-80-00 current accounts accessible via NatWest branches now, or just via RBS branches?

WillPS

planteria said:

are 15-80-00 current accounts accessible via NatWest branches now, or just via RBS branches?

For the RBS retail products, you can use any Natwest, RBS or Ulster Bank NI counter.

For the more specialised Child & Co offerings I have no idea, but I'd presume it's just the same.

[Deleted User]

planteria said:

are 15-80-00 current accounts accessible via NatWest branches now, or just via RBS branches?

Yes, this has been possible for some time. I made a CHAPS payment the other day via a Natwest branch. It was listed as an standard RBS account. Retail customers don't really have any extras. There are hardly any RBS branches left in London after September this year.  I think there will be two and one assumes these will close in a year or two as it was always the plan to get rid of the RBS brand in England. I think Drummonds will be the last to go after London Victoria branch. But they could keep it.

I assume for private clients they will be informed where the replacement services will be housed. As we discussed before it is assumed this will be a Drummonds. 

[Deleted User]

[Deleted User] said:

planteria said:

are 15-80-00 current accounts accessible via NatWest branches now, or just via RBS branches?

Yes, this has been possible for some time. I made a CHAPS payment the other day via a Natwest branch. It was listed as an standard RBS account. Retail customers don't really have any extras. There are hardly any RBS branches left in London after September this year.  I think there will be two and one assumes these will close in a year or two as it was always the plan to get rid of the RBS brand in England. I think Drummonds will be the last to go after London Victoria branch. But they could keep it.

I assume for private clients they will be informed where the replacement services will be housed. As we discussed before it is assumed this will be a Drummonds. 

The 'RBS' brand has been on the way out for years - including the Group rebranding to NatWest.
The narrower 'Royal Bank' brand is aimed at Scotland and the actual Royal Bank of Scotland plc.

Some of timing of branch closures will be driven by leases and other formalities. I'd expect the relocated retail Child & Co to match retail Drummonds with just a C&C cheque book and C&C bank statements. Everything else will likely be Royal Bank branded including the debit card with a beach hut. 

[Deleted User]

Deleted_User said:

[Deleted User] said:

planteria said:

are 15-80-00 current accounts accessible via NatWest branches now, or just via RBS branches?

Yes, this has been possible for some time. I made a CHAPS payment the other day via a Natwest branch. It was listed as an standard RBS account. Retail customers don't really have any extras. There are hardly any RBS branches left in London after September this year.  I think there will be two and one assumes these will close in a year or two as it was always the plan to get rid of the RBS brand in England. I think Drummonds will be the last to go after London Victoria branch. But they could keep it.

I assume for private clients they will be informed where the replacement services will be housed. As we discussed before it is assumed this will be a Drummonds. 

The 'RBS' brand has been on the way out for years - including the Group rebranding to NatWest.
The narrower 'Royal Bank' brand is aimed at Scotland and the actual Royal Bank of Scotland plc.

Some of timing of branch closures will be driven by leases and other formalities. I'd expect the relocated retail Child & Co to match retail Drummonds with just a C&C cheque book and C&C bank statements. Everything else will likely be Royal Bank branded including the debit card with a beach hut. 

Are you suggesting once the current retail Child & Co branded cards expire they will be replaced with standard RBS cards?

[Deleted User]

Deleted_User said:

Deleted_User said:

Deleted_User said:

planteria said:

are 15-80-00 current accounts accessible via NatWest branches now, or just via RBS branches?

Yes, this has been possible for some time. I made a CHAPS payment the other day via a Natwest branch. It was listed as an standard RBS account. Retail customers don't really have any extras. There are hardly any RBS branches left in London after September this year.  I think there will be two and one assumes these will close in a year or two as it was always the plan to get rid of the RBS brand in England. I think Drummonds will be the last to go after London Victoria branch. But they could keep it.

I assume for private clients they will be informed where the replacement services will be housed. As we discussed before it is assumed this will be a Drummonds. 

The 'RBS' brand has been on the way out for years - including the Group rebranding to NatWest.
The narrower 'Royal Bank' brand is aimed at Scotland and the actual Royal Bank of Scotland plc.

Some of timing of branch closures will be driven by leases and other formalities. I'd expect the relocated retail Child & Co to match retail Drummonds with just a C&C cheque book and C&C bank statements. Everything else will likely be Royal Bank branded including the debit card with a beach hut. 

Are you suggesting once the current retail Child & Co branded cards expire they will be replaced with standard RBS cards?

It's highly likely.

They're still issuing Visa Debit with Child & Co branded accounts. This and the imminent branch closure suggests that a C&C branded Debit Mastercard isn't on the cards. 

Remember, Child & Co (and Drummonds) isn't a standalone bank like Coutts. It's simply a brand name for the Royal Bank of Scotland. 

WillPS

There are Drummonds branded Visa Debit cards tho. Somewhere on this thread in fact someone posted theirs.

Holts are also still issuing Visa Debit cards.

I suspect the most likely reason is simply that they haven't got around to changing the design of all the niche debit cards - it's not as simple as just changing the logo because there's an approval process.