Banking
Switching pays – Moneyfacts.co.uk experts practice what they preach
Michelle Slade, personal finance analyst at moneyfacts.co.uk, comments: “If you don’t trust your bank, or feel it is not offering you the best customer service, products or rates then why not vote with your feet and switch providers?
Barclays introduces 'PINsentry' - pioneering new security for online banking
Barclays is sending out handheld chip and PIN card readers to online banking customers in a pioneering anti-fraud initiative.
Bank of Scotland International increases saving interest rates
Bank of Scotland International has increased the interest rate on its Halifax International Guaranteed Reserve Account over one, two and three year terms, with effect from today.
Bank of Scotland International aims to be fastest growing offshore bank
If anyone is qualified to understand the needs and challenges of living as an expatriate, it is Tony Wilcox, managing director of Bank of Scotland International (BOSI). Having lived abroad for five years himself, he is well aware of how much red tape and form-filling is required when moving from one country to another.
Offshore Accounts anouncement from HMRC
HMRC has today announced arrangements enabling investors with offshore accounts to disclose to HMRC any income and gains not previously included in their tax returns.
Pound hits $2 level for first time in 15 years
With the pound valued at $2, a level it last reached in 1992, Clerical Medical examines the historic performance of the exchange rate and the potential impact of the weaker US dollar.
Natwest to increase overseas debit card purchase fees
Nick White, Director of Financial Services at independent price comparison and switching website, uSwitch.com, comments on NatWest’s latest move to increase their debit card purchase fee for overseas transactions:
Bank helps Churnet Valley railway get back on track
Churnet Valley Railway is expanding and developing its visitor facilities after switching its banking to Alliance & Leicester Commercial Bank.
Alliance & Leicester launches Free Business Current Account
Alliance & Leicester Commercial Bank has further improved its offer to small businesses with the launch of a new Free Business Current Account.
Premier direct current account further enhanced
Alliance & Leicester is increasing the credit interest rate on its award winning current account, Premier Direct, to 6.5% AER up from 6.1% AER with immediate effect.
New visa pre-paid gift card provider for retailers announced
Alliance & Leicester Commercial Bank in association with MoneyCard Limited is to offer Visa pre-paid gift cards. Gift cards can be used as a replacement for paper vouchers and can use retailers’ own brand to increase sales and loyalty.
Banks leaders of the pack in charity stakes
The banking sector is the largest contributor to community causes according to new data from the Directory of Social Change.
Britain’s least trusted banks
Barclays is the least trusted of the “Big 5” high street banks according to new research by independent personal finance website Fool.co.uk.
M&S travel money customers can now donate to Breakthrough Breast Cancer
M&S travel money customers can now put their unwanted foreign currency to good use by donating it to Breakthrough Breast Cancer.
Financial dramas in soap opera Britain
Life mirrors art in Britain – or at least our financial behaviour does when it’s compared to our favourite soap characters, according to the Credit TV report from CreditExpert.co.uk.