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We sent £2,297 to the wrong account after mistakenly typing 87 in the sort code when it was supposed to be 89. It had been intended for the Deposit Protection Scheme, but ended up in another account.
Almost one million banking customers are being contacted to have their sort codes and account numbers changed asthe UK's biggest banks begin the process of 'ring-fencing' their accounts. The process ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. My financial adviser put the wrong bank sort code on forms for my investment company, resulting in £2,000 ...
The UK's banks will have to change one million customer sort codes under new ring-fencing rules set to be introduced in 2019. 19 June 2017 2 comments ...
This means they will be making changes during 2017 and 2018. Why is Barclays changing my sort code? To prepare for ring-fencing, banks must move customers from one part of their business to another, ...
Nick Goodway: Sort codes could be another headache for ring-fenced banks Issues piling up: Ring-fencing may mean bank customers have to be given brand new cards to make payments PA Nick Goodway ...
This involves issuing new sort codes to some customers - but not everyone. Ring-fencing rules only apply to banks with more than £25 billion of personal and small business deposits.
A pensioner has been forced to take legal action after a bank withheld his £193,000 inheritance. Peter Teich, 74, from Cambridge gave his solicitor the wrong sort code and the money was ...