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Across the five major UK banks, around one million customers will have their sort codes changed by 2019, in a bid to make the banking system safer and to prevent another financial crisis.
New ring-fencing rules mean the UK’s biggest banks need to make changes that could require account details like sort codes to be changed. There are fears that the transition could lead to chaos and a ...
Almost one million banking customers are being contacted to have their sort codes and account numbers changed asthe UK's biggest banks begin the process of 'ring-fencing' their accounts. The process ...
One million UK banking customers are to receive new six-digit sort codes as part of new financial safety changes, the Bank of England has said. A number of banks - including Barclays and HSBC ...
Major UK banks are separating their 'retail' banking arm from other ... many account holders will have their sort codes changed. Barclays told us that between 800,000 and 900,000 accounts will be ...
After being sent a new sort code and account number ... Thank You,' after the banking giant purchased Virgin Money UK in October, boosting its accounts by £2.3bn. Last month, the building ...
The clarification came after a customer reached out via social media, puzzled by the receipt of a new sort code and bank account number. They also queried: "I noticed at the weekend that my ...
They were confused as they had been sent a new sort code and bank account number. They also asked: "I noticed at the weekend that my loyalty account isn't called a loyalty account any more ...