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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. 4 ...
The UK banking system is undergoing a serious overhaul that early estimates suggest will impact nearly a million customers. New ring-fencing rules mean the UK’s biggest banks need to make changes that ...
Sort codes are six digits numbers that identify where you bank, and at what branch your account is held. This is the code that's changing. If you receive a letter in the post - you don't need to ...
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 ...
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Nationwide customers warned they will receive new sort code and account number after major update - MSNNationwide Building Society is sending customers new sort codes and account numbers as the group brings in a major change to accounts. Reports on the matter broke when a customer noticed they had ...
To prepare for ring-fencing, banks must move customers from one part of their business to another, and as a consequence, many account holders will have their sort codes changed. Barclays told us that ...
The UK's banks will have to change one million customer sort codes under new ring-fencing rules set to be introduced in 2019.
Once migrated, customers will receive a sort code and account number." Article continues below In a previous statement from Nationwide, they explained: "The Reward Saver account is now available ...
A pensioner has been forced to take legal action after a bank withheld his £193,000 inheritance. Peter Teich, 74, from Cambridge gave his solicitor the wrong sort code and the money was ...
In response, Nationwide explained: "You've received a sort code and bank account number because, from 6th February 2025, Loyalty Saver will be known as Reward Saver. Article continues below ...
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