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The Banks are a

bunch of thieving hypocrites.

Yes, we all know this but I just need a rant...

I wont name names so let's just call them LTSB for now.

I am in the process of closing my company who have banked with these people since 1986.

So, from experience in closing a company deposit account with another big bank I decided to transfer the bulk of the funds to our personal account (bloody glad too) leaving just a few hundred to sort out. The same day I transferred the funds I wrote to them informing them to close the account and where to send the balance.

Three days after I transferred the lump both my wife and I received letters informing us that they had tried to contact us (no they bloody well didn't cos we have an answer machine and it shows any incoming calls) and please would we ring them on an urgent matter. Yes right the old sales ploy, they got a few bob we need to get it stuffed into a 1% deposit.

It's been 2 weeks now and I have been chasing them to determine receipt of my letter......all they keep saying is "there's nothing on file" can you send another letter............yes right.

I repeat, bunch of thieving hypocrites...........

Reply to
Ken Tukyfriedturkey
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sorry, 0.1% deposit

Reply to
Ken Tukyfriedturkey

Recently closed an Abbey (Santander) internet savings account which had only a small residual amount in it. No info online, so I phoned them. They couldn't just add the interest, close it and transfer balance to my linked account - they said I had to transfer the balance out of the account myself and phone again. Did that. By the time I phoned, (monthly) interest of tuppence had appeared in the account. Told them to forget it. Couldn't be done - they sent me a cheque for tuppence. Now, even though I'm a Scotsman, I'm not going to the bank to deposit a cheque for 2p. If Santander announce quarterly profits of £30,000,000,000:02, you'll know why.

Toom

Reply to
Toom Tabard

Whyever not? I would, and I'm not even a Scotsman, though I do live in Scotland. OK, if you'd have to drive or pay for transport, or send it by post, the cost/benefit ratio would be all wrong, but don't you live or work near a bank? The walk will do you good, and it might even be on the way to the shops/pub/post office.

Besides, one thing you could do is wait until you have some other cheque(s) to pay in, and then just kill this additional bird with the same stone. If this doesn't happen very often, so that there is some danger of the 2p cheque "expiring" in the meantime, you could then always ring them up (using their freephone number if they have one, or your free calls allowance if you have one), explain your predicament, apologising for your tardiness, and ask them to send you a replacement. Then do the same after a further 6 months...

Reply to
Ronald Raygun

In message , Toom Tabard writes

I received my statement of interest and tax paid on my Nationwide Flexaccount "for tax purposes".

Interest paid = 0, Tax deducted = 0, Net interest paid = 0.

Reply to
Gordon H

Firstly, it is probably automated and would cost more to manually check and remove.

Secondly, if you had interest last year and declared it to HMRC, they may well ask why you had not declared it this year. And then......

Flop

Reply to
Flop

I don't get tax return forms these days, I just spread-sheet my income, calculate my tax liability and Tax Code, and phone them to tell them if they get it wrong. They know they can rely on me.

Reply to
Gordon H

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