Business Banking Switch
• Are you aware that your lender is soon to be introducing a Business Banking Switch Incentive?
• Confused about how this will affect you and your business?
• Worried about missing out on an available incentive because you don’t have the time and expertise to access all lenders to find the right deal?
What do we know so far?
Schemes are expected to announced for eligible customers for switching both business current accounts and loan accounts*
A fixed pool of incentive funds are expected to be available*
A range of challenger banks may be involved in the scheme*
There is likely to be a limited time to access the arrangements*
Want to save time and money and make sure you give your business a head start?
Make sure you are fully prepared to move once the scheme is live.
Don’t miss out
Chandler & Co are in regular contact with our long-established industry contacts to keep our clients up to date.
To join our exclusive banking switch mailing list, please email us at: email@example.com
*Useful Links -
https://bcr-ltd.com/ - Website of Banking Competition Remedies Limited (BCR)
https://www.gov.uk/government/publications/rbs-state-aid-alternative-remedies-package - RBS State aid: alternative remedies package - Annex 7 - Loan products