Belfast Telegraph

Saturday 23 August 2014

Plan to speed up switching banks

A scheme that will allow bank and building society customers to switch current accounts within seven days moved a step closer with a customer guarantee. The pledge, with a kitemark to be used by all participants when the scheme is launched in September, was made public by the Payments Council. The current account switching process at present can take up to 30 days.

A scheme that will allow bank and building society customers to switch current accounts within seven days moved a step closer with a customer guarantee. The pledge, with a kitemark to be used by all participants when the scheme is launched in September, was made public by the Payments Council. The current account switching process at present can take up to 30 days.

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