http://www.yellowtail.co.uk/blog/46/why-banks-close-accounts/ A Future without Compromise Tue, 13 Dec 2011 03:24:02 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.yellowtail.co.uk/blog/46/why-banks-close-accounts/comment-page-1/#comment-2225 Dennis Hall Fri, 04 Jul 2008 14:09:18 +0000 http://www.yellowtail.co.uk/blog/?p=46#comment-2225 Caz, I take your point, and yes there are a number of societies that have merged in the past and rationalised their accounts. I have noticed however that there is a rash of account closures occuring in the current climate. Interestingly there is no corresponding merger activity. Regarding the comments I made about Nationwide's account closures, these were for accounts that have always been Nationwide accounts, and not those from the Portman. Caz, I take your point, and yes there are a number of societies that have merged in the past and rationalised their accounts. I have noticed however that there is a rash of account closures occuring in the current climate. Interestingly there is no corresponding merger activity. Regarding the comments I made about Nationwide’s account closures, these were for accounts that have always been Nationwide accounts, and not those from the Portman.

]]> http://www.yellowtail.co.uk/blog/46/why-banks-close-accounts/comment-page-1/#comment-2224 Caz Fri, 04 Jul 2008 09:55:32 +0000 http://www.yellowtail.co.uk/blog/?p=46#comment-2224 To be fair, many Building Societies have accounts which they have inherited when they have merged and so these accounts will be discontinued. The discontinued rates are also not always worse than the current ones, especially so in the case of Portman Building Society accounts when compared with Nationwide! To be fair, many Building Societies have accounts which they have inherited when they have merged and so these accounts will be discontinued. The discontinued rates are also not always worse than the current ones, especially so in the case of Portman Building Society accounts when compared with Nationwide!

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