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Banking

Royal Mail helps trace dormant account holders

Royal Mail has developed a solution to help banks and building societies proactively trace dormant account holders using more than 16 million records from its database of home movers.

£20 million - Back of the net!

Dedicated borrowers and savers of Britannia Building Society are helping to shape the Rooneys' and Lampards' of the future with its football accounts.

HSBC branch exclusively for its 'Premier' customers

Commenting on news that HSBC is to operate a branch exclusively for its ‘Premier’ customers, Kevin Mountford, head of savings and current accounts at moneysupermarket.com, said:

Experian sees rise in ID fraud

Experian has unveiled a new report which highlights a dramatic increase in identity fraud activity and reveals who is most likely to fall victim to this crime.

BBA delighted that IVAs come under closer scrutiny

The British Bankers’ Association (BBA) said today that it is encouraged that through effective self-policing and regulatory activity, IVA providers are to drop potentially misleading advertisements that promote inappropriate levels of debt write off.

Consumer-credit customers covered by ombudsman for first time

From this Easter-weekend, customers of up to 80,000 UK businesses will be covered by the Financial Ombudsman Service for the first time - when the ombudsman's remit is officially extended under Consumer Credit legislation.

UK interest rates held at 5.25%

The Bank of England’s Monetary Policy Committee today voted to maintain interest rates at 5.25%.

Dust down your dormant accounts this Easter

Banks are making a determined effort to encourage customers to reactivate old accounts ahead of plans by the government to use money in accounts that have not had any transactions for 15 years for community purposes.

Barclays wins anti-fraud award

Barclays has won a prestigious award for its work to combat online fraud.

Nationwide highlights omission in Which? Super-complaint to OFT

Nationwide Building Society welcomes the announcement by Which?, that it has lodged a super-complaint with the Office of Fair Trading (OFT) on credit card interest charges.

Easter holidaymakers are hopping mad over foreign usage fees

Nationwide Building Society is urging Easter holidaymakers across the country not to make the same mistake as last year by incurring unnecessary charges for using their cards abroad.

Brits consider fee-based banking

Following the Office of Fair Trading’s announcement that it is extending the scope of its investigation into bank charges, new research by Moneyexpert.com reveals that almost one in three British adults is willing to pay for their normal banking services.

HSBC and first direct launch new programme to cut paper use

Customers of HSBC and first direct who choose not to receive paper bank statements will be helping to plant more than 20,000 trees as part of a new programme to cut back on paper usage, known as the Virtual Forest.

HBOS to be 'carbon neutral' by end of 2007

HBOS announces it will be 'carbon neutral', by the end of the year. 'Carbon neutral' means the group is committed to producing zero net CO2 emissions through its UK operations.

Alliance & Leicester offers new incentives to customers

Alliance & Leicester has a double dose of good news for its customers this month. Throughout April, Premier and Premier Direct customers can benefit from an increase in the popular Recommend a Friend offer from £25 to £50 – with both them and any friends they introduce receiving £50 per account.