Nine UK banks launch fee-free accounts

[Arkham_Joker]

both everyday current accounts with debit cards

[arktech]

Consider Coventry building society I have 4 current accounts with them.
They are not as sophisticated as the big banks but work fine for me.

[realdeals]

Originally Posted by arktech

Consider Coventry building society I have 4 current accounts with them.
They are not as sophisticated as the big banks but work fine for me.

IMPORTANT NOTICE.....

COVENTRY DO NOT ACCEPT MIS-MATCHED NAMES.

Just had a letter a few days ago telling me it wasn't in their t&c's etc.

[realdeals]

Originally Posted by realdeals

IMPORTANT NOTICE.....

COVENTRY DO NOT ACCEPT MIS-MATCHED NAMES.

Just had a letter a few days ago telling me it wasn't in their t&c's etc.

Just a little update on this.....

I phoned the number on the letter, as they wanted an explanation to the situation. I thought it would be them just telling me accounts were being closed.

However thought I would try a blag, said the different names were because I set up different ebay/pp's for each product line I sell.....but I AM the person who the money goes to, and am not operating accounts on others behalf.

Lo and behold the operator says that it's fine, she will just put a note on the screen, no problem.

SO it SEEMS the official company line is they don't allow it. However if you call up when asked and can blag well, then they will mark it down as OK. I do feel however that it is COMPLETELY down to the luck of the draw as to what CSA operator you get to the outcome of your call. I waited until very late in the day on the eve of a double bank holiday weekend before calling to try and use as much in my favour as I could and make the most of the 'feel good factor'.

So, not sure if I can recommend Coventry BS, the CSA's seem nice enough. I would feel realllllllllyyyyy nervous after this using these accounts to shift decent money. What I will do is slowly build up a balance to keep in them so it at least appears I am using them partly as a 'savings' account.

So the moral to this story is? .....well I guess you roll the dice and take your chances this one. I just wanted to put some info out so people are better informed than I was before I opened a fistful of accounts with them so they can make a more informed choice.

[arktech]

Originally Posted by realdeals

Just a little update on this.....

I phoned the number on the letter, as they wanted an explanation to the situation. I thought it would be them just telling me accounts were being closed.

However thought I would try a blag, said the different names were because I set up different ebay/pp's for each product line I sell.....but I AM the person who the money goes to, and am not operating accounts on others behalf.

Lo and behold the operator says that it's fine, she will just put a note on the screen, no problem.

SO it SEEMS the official company line is they don't allow it. However if you call up when asked and can blag well, then they will mark it down as OK. I do feel however that it is COMPLETELY down to the luck of the draw as to what CSA operator you get to the outcome of your call. I waited until very late in the day on the eve of a double bank holiday weekend before calling to try and use as much in my favour as I could and make the most of the 'feel good factor'.

So, not sure if I can recommend Coventry BS, the CSA's seem nice enough. I would feel realllllllllyyyyy nervous after this using these accounts to shift decent money. What I will do is slowly build up a balance to keep in them so it at least appears I am using them partly as a 'savings' account.

So the moral to this story is? .....well I guess you roll the dice and take your chances this one. I just wanted to put some info out so people are better informed than I was before I opened a fistful of accounts with them so they can make a more informed choice.

works for me

[realdeals]

Originally Posted by arktech

Consider Coventry building society I have 4 current accounts with them.

Originally Posted by arktech

works for me

Yes, I am impressed your 4 Current Accounts from the Coventry are not closed.

......but then, they don't do Current Accounts so maybe that is why.

[digipulse]

Originally Posted by Callidus

I still wouldn't go near Halifax if I were you

Was no going to reply. Howeverm Halifax took 10K and after 2 mths refunded. Off the record the sub-manager informed me that, though they should not act on PayPal, PalPal told Halifax to lock the account. This was against the DP Act and Halifax knew it and released but back room chat is accepted by Halifax and you need to stay clear of these thieves.
I had to threaten them with The BO and FO for them to relent.

[antr96]

Nationwide isnt a bank, its a building society and Ive been with them for years and it's always been free

[salford90]

Hello
How about a metro bank account, is that good?

[arktech]

Originally Posted by digipulse

Was no going to reply. Howeverm Halifax took 10K and after 2 mths refunded. Off the record the sub-manager informed me that, though they should not act on PayPal, PalPal told Halifax to lock the account. This was against the DP Act and Halifax knew it and released but back room chat is accepted by Halifax and you need to stay clear of these thieves.
I had to threaten them with The BO and FO for them to relent.

Take them to the FO standard compensation is about £75 to start.

in fact ring the FO they raise the complaint to Halifax who have i think 30 days to give a final answer which usually includes we are sorry here is £75. If after their final answer you are still not happy ask the FO to investigate. That investigation will cost Halifax £550 whatever the outcome and nothing to you. If The FO find in your favour they will instruct Halifax to pay you compensation.

I took Halifax to FO for a car insurance claim twice. They sent me £75 for both complaints one at the beginning and one at the end. The insurance premium was only £85 after cashback.

You have nothing to lose an its only a phone call to the FO.

Look on the FO website for previous findings against Halifax and see what they had to pay out and why they had to pay it

[enterpa]

Would it be possible to open any of these accounts if I'm a UK citizen living abroad? I see Santander bank requires you to post identification documents by post and then they send your account details to you by post. This is not possible for me as I'm living abroad. Any suggestions?

[arktech]

what country are you in ?

[JamesNorth101]

Best guys to ask are the bank themselves

They will be able to tell you exactly what they need form you

[enterpa]

Originally Posted by arktech

what country are you in ?

I'm in France.

[stevebills]

Originally Posted by realdeals

Obviously not.

Automatically presuming you know more than me is also amusing, when no evidence to back it up. Still, keep going.

Realdeals if u were a fly I would squash you x

[stevebills]

Cash minder is very solid

[realdeals]

Originally Posted by stevebills

Realdeals if u were a fly I would squash you x

Thank you for your intellectual input, although I have no idea why you are quoting someone else when you were not part of the converstation.

Maybe you miss Callidus? He doesn't seem as active since he had a rush of negatives on the accounts he sold? Which would back up my thoughts on certain account sellers motives to be on here in the first place, and it isn't to help people. Don't worry though I am sure if you looked hard enough you may find he is still on the forum selling accounts under a different name now.

[stevebills]

I have lost a few bank accounts in the past they are tightening security because of money laundering rules and some may of been my own fault or not and I just move on and get another account it's not hard as I have several

[realdeals]

Originally Posted by stevebills

I have lost a few bank accounts in the past they are tightening security because of money laundering rules and some may of been my own fault or not and I just move on and get another account it's not hard as I have several

It will be hard.....make that near impossible.......if eventually you ever get tagged by CIFAS.

[stevebills]

I understand about CIFAS and have a backup plan it I ever join them

[JamesNorth101]

Really you want to just avoid getting a CIFAS.

[stevebills]

Yes CIFAS is only handy when the banks collapse they can't take your money because it's in a biscuit tin under the bed