IT'S easy to assume it's not worth your while switching your current account
And because 80% of current accounts
don't pay any of that income back to their current account
customers, the banks are able to generate a combined total of PS3.
are seen as a "quick win" for fraudsters as they enable them to launder money and rack up debts in someone else's name by maxing out overdrafts or using the account as a springboard to make other bogus credit applications.
The Danish central bank has announced that it will not lift a current account
cap in order to help banks.
While a lump sum current account
credit balance offers flexibility to access cash instantly, a separate monthly saver, like M&S, means savings don't get muddled with everyday spending.
The Current Account
Switch Service was meant to revolutionise the industry by making it easier for fed-up customers to move to rivals.
It provides a competitive assessment of the current accounts
offered by the leading lending banks in key developed and emerging economies.
In this context exchange rate attains pivotal importance due to its role for adjusting current account
imbalances as advocated by both traditional [Mundell (1962); Flemming (1962)] and advance open economy macroeconomic approaches [Obstfeld and Rogoff (2000)] to current account
We ve seen a positive uplift in current account
openings in the last month.
But the reality is that people who are in credit in their current accounts
may be missing out on the returns that they could make if they shifted their money elsewhere.
com site users revealed that of those who are now thinking about switching current accounts
(46 per cent), one in 10 say they will switch to the Post Office account.
It has three 'carrots' to tempt switchers: Existing mortgage customers with Santander who switch their current account
and savings of at least pounds 10,000 get a pounds 300 gift; mortgage customers who switch only their current accounts
get a pounds 200 reward; and other consumers, with no links with Santander, get pounds 100 for moving their current account