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In May 2005 the task force announced that an agreement had been reached to reduce clearing times for phone, Internet and standing order payments. [19] This committed the payments services industry to develop a system able to clear automated payments in no more than half a day – the so-called ELLE model – resulting in payment being received the same day if made sufficiently early.
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Coutts & Company [4] (/ ˈ k uː t s /) is a British private bank and wealth manager headquartered in London, England. Founded in 1692, it is the eighth oldest bank in the world. Today, Coutts forms part of NatWest Group's wealth management division. [5]
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The Royal Bank of Scotland International, trading as NatWest International, RBS International, Coutts Crown Dependencies and Isle of Man Bank, is the offshore banking arm of NatWest Group. It provides a range of services to personal, business, commercial, corporate and financial intermediary customers from its base in the Channel Islands.
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George Meredith wrote a poem, 'Angela Burdett-Coutts', in her memory. Angela Burdett-Coutts is also a main character in the novel 'The Household' by Stacey Halls, published in 2024, which focuses on life at Urania Cottage and explores Burdett-Coutts' experience of being stalked by Richard Dunn for over a decade.
Sir David Burdett Money-Coutts KCVO (19 July 1931 – 25 June 2012) was an English banker, the seventh generation of the Coutts banking family. He was managing director of Coutts bank from 1970 and chairman from 1976 to 1993. Money-Coutts was known as a reserved character with an eye for detail. He was a practical man.
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