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Accessing historic statements from Egg

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Comments

  • Largs
    Largs Posts: 417 Forumite
    100 Posts Second Anniversary Name Dropper
    And the Clydesdale Bank was fined £20 Million for saying they didn't have any data (on PPI policies) when it did.  They hold data when it suits them and they don't hold data when it suits them.
  • eskbanker
    eskbanker Posts: 36,928 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Largs said:
    And the Clydesdale Bank was fined £20 Million for saying they didn't have any data (on PPI policies) when it did.  They hold data when it suits them and they don't hold data when it suits them.
    You're clearly determined to get on the soapbox about this, but the fact remains that regulated institutions must have (and comply with) data retention policies, which will differentiate between the different types of data (hence the FD example above) while adhering to regulatory guidance - the Clydesdale issue is a separate matter that doesn't actually support your point.
  • Nebulous2
    Nebulous2 Posts: 5,658 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Largs said:
    And the Clydesdale Bank was fined £20 Million for saying they didn't have any data (on PPI policies) when it did.  They hold data when it suits them and they don't hold data when it suits them.

    Banks will vary widely in what they have or don't have - but Clydesdale keeps an inordinate amount of information. 

    I was with them and had no desire to move until I had a complaint in 2017. I got compensation after going to the ombudsman and left. Around 3 years ago I decided to give them another go, and applied for the Virgin offer with free wine. I couldn't open the account online and had to call. The person on the phone asked me about the product I had complained about and refused me an account. I was a bit spooked by that and submitted a SAR. I received more than a ream of paper - going right back to the early 90s. 
  • Nasqueron
    Nasqueron Posts: 10,620 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Largs said:
    And the Clydesdale Bank was fined £20 Million for saying they didn't have any data (on PPI policies) when it did.  They hold data when it suits them and they don't hold data when it suits them.
    Clydsedale did hold data though, that was the issue
    The £20m fine shows that the system works to punish them
    As above, the bank has to abide by the law in this country. If an account was closed in 2014, it would be quite normal for the files to be deleted after 2020 - possibly sooner if the account was not transferred to the new system if it was closed for some time and there was no reason to keep the data per the DPA / GPDR

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

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