Showing posts with label account switching. Show all posts
Showing posts with label account switching. Show all posts

Monday 27 July 2015

BACS admits disappointment as UK current account switching stalls



From Banking Technology –

“More than a million people switched their current account to a rival bank in the year leading up to July 2015, according to new figures published by UK payments system BACS. The numbers represent only a minimal increase on the year before – undermining hopes that making switching easier would lead to dramatic improvements in the competitiveness of UK retail banks.”

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