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Banking

Leeds Building Society donates £9,610 to Marie Curie

Leeds Building Society has made a £9,610.73 donation to Marie Curie Cancer Care, which is one of the Society's partner charities.

Leeds Building Society ‘nets' £2,000 for charity

The Leeds Building Society Wimbledon themed fundraising day was held on Friday 26th June. The event raised £2,000 through a dress down day, quiz and via the sale of raffle tickets and cake.

Caxton FX abolishes all ATM Fees from July 10

Caxton FX has announced that it is abolishing ATM fees on all its prepaid currency cards from the end of next week.

Get independence from your poor value current accounts

One in five Britons (21 per cent) fail to switch their current account, simply because they say they don't have time to do so, according to a study by Santander's UK current account brands, Abbey and Alliance & Leicester.

Santander Corporate Banking launched

From Wednesday 1 July, Abbey and Alliance & Leicester (A&L) will start to rebrand its UK Corporate and Commercial Banking divisions to Santander Corporate Banking.

Lloyds TSB first bank to launch on demand text balances

Lloyds TSB has become the first bank in the UK to launch ‘on demand' text message balance updates for its customers. The new Balance on Demand service means that customers can request an up to the minute snapshot of their account, straight to their mobile phone, simply by sending a text message.

Sky-high rates for those in the red

Interest rates for bank customers who exceed their overdraft limit, or go into the red without an authorised facility from their provider have remained sky high over the last 12 months, despite a crash in the Bank of England base rate, according to MoneyExpert.com.

Political tension dents pound’s rise ahead of quarter end

The pound fell at the end of the week against both the pound and the euro after the lack of trust between the Bank of England and the government was blown open by the testimony of Bank of England Governor, Mervyn King, to the Treasury Select Committee on Wednesday but the real test for sterling comes next week.

Poor exchange rate maths costs travellers £288 million

More than a third of UK adults (38 per cent) are unable to convert popular currencies into sterling and are losing out on a staggering £288 million a year on holiday as a result.

Basic bank accounts and financial inclusion

Figures from the BBA show that 145,000 post office-accessible accounts were opened in the first quarter of the year and 26,000 existing accounts upgraded.

Banks pledge to build on financial inclusion progress

Britain's banks are committed to building further on progress in improving financial inclusion through the provision of basic bank accounts, the British Bankers' Association said today.

Strengthening the Financial System

The Bank of England is today publishing its bi-annual Financial Stability Report. The Report assesses the current state of the financial system and discusses ways to strengthen the system in the future.

Repatriating funds increases as expat exodus continues

The last year has seen an exodus of expats leaving their Eurozone homes to return to the UK – but since January 2009, currency broker FC Exchange has seen a massive 60 percent increase on the previous six months of clients repatriating their funds from selling their property abroad.

Nationwide scrapping overseas fee increases

Commenting on Nationwide's decision to scrap the planned increase on debit card fees for use outside Europe, Peter Harrison, travel money expert at moneysupermarket.com, said: "This is welcome news indeed.

One in five ID fraud victims not reimbursed

Most victims of identity fraud get their money back, but new research from Which? has found that one in five victims has not got the full amount back and in some cases their bank has refused to reimburse them at all.