All over the country, attracting 4 new rules after “Terms Review” – Birmingham Live

Construction society, which is rivalry by HSBC UK, Natwest, Lloyds, Barclays and Santander, has announced that it will end account for certain customers in the coming weeks.

Nationwide has made four major changes to accounts from April and May this year. Construction society, which is rivalry by HSBC UK, Natwest, Lloyds, Barclays and Santander, has announced that it will end account for certain customers in the coming weeks.

The construction society said the bills will close as part of a number of updates from May 1. The closure will affect customers who have not used their bills for many years, says throughout the country – which has branches in Birmingham – he says.

And this will not be the only shake of the company that has the eye of 17 million customers up and down in the United Kingdom. These will be accounts that have long been abandoned and have not seen any activity for 15 years, the announcement said.

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Nationwide said he would still contact these people to inform them that their bills were closed. A spokesman throughout the country told The Sun: “We have reviewed our terms to ensure that they are as clear as possible for our customers.”

Donate money to your charity account when it closes – May 1

As of May 1, Nationwide has announced plans to close sleepy current accounts that have not been monitored for 15 years. Nationwide said he would still contact these people to inform them that their bills were closed.

All funds left in accounts can be transferred to other national accounts if customers have them. If not, they will be able to send the money to them. Customers may have forgotten for these accounts for a long time because they have not been used for that long.

Changes to FlexDirect Customers – May 1

Nationwide has reduced the fee for sending large sums of money to someone in the UK via Chaps. National explained: “Payment restrictions are used by the construction of societies and banks to limit the amount of money you can send from your accounts.

“We use them to reduce the risk of money that go to cheaters or for the wrong account. We have different restrictions on different types of payment, payment methods and account.” Chaps means Clearing House Automated Payment System and it is used by customers who have to send money between banks in the UK.

Currently, throughout the country, it is charging to customers £ 20 to send large sums of money between the UK bank accounts, but it has been said to reduce this to £ 15 since May. The bank also said it would reduce its money to send money between bank accounts outside the United Kingdom from £ 20 to £ 15.

New money limits you can pay in your account – May 1

From May, it can adjust the amount of cash that customers can deposit without notifying customers to reduce the risk of money laundering based on money. If you send payment to a branch, you can make payments up to £ 25,000 per transaction, up to a total of £ 100,000 per day limit. You will need to bring proof of an ID card with you to complete the payment.

If you have set up a payment online through our Internet or bank app (including open banking), you can usually make payments up to £ 100,000 per transaction, up to a total of 100,000 British pounds. However, there are times when we limit online payments to £ 25,000 a day.

If you are planning to file a considerable amount of money in your account, it may be worth ringing at the local branch a while ago to make sure the transaction can move on.

New Defense Protects – April

Nationwide said he was adding new protection so you could get your money back if you were a victim of a fraud. The construction society says: “We always recommend that you contact immediately if someone has access to your account or have sent a payment that you think may be fraud. You should also take the following steps.

“Many of us have applications and subscription services related to our accounts. And casual purchases can be easily made. 100% are sure that no one else can be responsible for payment? Return with anyone who has access to your account And the devices connect with it to make sure.

“Also, some companies use different names to make payments. Check out our list of common trade names. This list is not exhaustive. So, you also have to do a quick search on the Internet.”