Savers have to answer intrusive inquiries to get income
‘How a lot of your wealth came from inheritance?’… the new, intrusive questionnaires savers have to response to get accessibility to their income
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Halifax returns ‘missing’ £400 after transfer error
One particular reader mistakenly sent £400 to the wrong financial institution account, and Halifax delayed returning the funds Photograph: Finnbarr Webster / Alamy Three weeks ago I transferred £400 by BACS in error from my account with 1 financial institution to an outdated and closed account of mine at…
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Financial savings ‘at risk’ due to bank employees failings
Savers at risk simply because of bank workers failings on monetary compensation scheme, says customer group Which?
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‘Barclays is about to triple the price of my overdraft’
The bank is scrapping its percentage-based overdraft charge in favour of a flat everyday charge Photograph: Guzelian Barclays consumers have reacted with fury at the forthcoming modifications to overdraft expenses that will trigger some borrowing charges to triple. The charges for an organized overdraft will change from a percentage…
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Banking boom – where to move your money
With ten new lenders in line to gain banking licences, we profile the latest newcomers – and the best deals for customers Photo: Alamy Dozens of companies are applying for licences to become banks as the battle to lure customers away from giant high street names gathers pace. Britain…
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Like knitters by the guillotine, we wait for the following head to roll
The Co-op’s downfall will only reinforce our reduction of faith in the outdated approaches of undertaking items Photograph: Getty Images It is surprising that the headlines about the Co-op are not even larger. What has took place, soon after all, is not just the near-collapse of a very big…
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What the FCA’s newest investigation indicates for totally free banking
The regulator appears to be nudging the sector to move away from using some consumers to shell out for other people Photograph: ALAMY The City regulator is to investigate overdrafts amid a suggestion that it will no longer accept the convention that higher costs and interest from individuals in…
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NatWest glitch leaves thousands of savers with no curiosity
The financial institution has suffered yet one more technical issue this time denying curiosity payments on thousands of savings accounts and Isas Photograph: PA NatWest nowadays confirmed it had fixed a technical dilemma that had prevented interest payments on 1000’s of cost savings accounts and Isas. Buyers attempting to…
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‘Metro’s vacation fee change cost me £250’
Backpackers faced £250 really worth of extra costs after the bank scrapped its free international spending and funds withdrawals
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‘Metro’s holiday charge adjust price me £250’
Backpackers faced £250 really worth of added charges soon after the financial institution scrapped its free of charge international paying and money withdrawals
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