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Logo used by the Post Office (and later the National) Savings Bank from 1936. [5] The Post Office Savings Bank (POSB) was founded in 1861 by the Palmerston government following a suggestion by George Chetwynd, a clerk in the Money Order department of the General Post Office. [6] It was the world's first postal savings system.
The Access Bank UK Limited Access Bank Group: Nigeria: Ahli United Bank (UK) plc Ahli United Bank: Bahrain: AIB Group (UK) plc Allied Irish Banks: Republic of Ireland: Al Rayan Bank plc: Masraf Al Rayan: Qatar: Aldermore Bank plc: FirstRand: South Africa: Allica Bank: Independently run England Alpha Bank London Limited Alpha Bank: Greece ...
An individual aged 18 or over was able to open a TESSA with a bank, building society or other financial institution from 1 January 1991 [2] to 5 April 1999. A specific requirement was the presentation of the applicant's National Insurance number, to ensure only one TESSA (tax free) account investment could be operated by the individual per year.
These are normally offered by banks and building societies but investment firms can also offer them. It is mandatory that money held in a cash ISA be made available on request within 15 days but it is permitted to have a loss-of-interest penalty for this, and this is how term deposits are typically made available. [19]
Lloyds Banking Group (2 C, 52 P) N. ... Charter Savings Bank; Church House Investments; Citibank Europe; ... Virgin Money UK; Y. Yorkshire Bank
Charter Savings Bank is an online retail bank which provides savings products to UK customers. The Bank does not operate any branches. All applications can be submitted online (24/7) and customers are supported by a UK based call centre 7 days a week. [9] The Bank launched in 2015 and provides fixed rate bonds, notice accounts, easy access ...
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Since October 2008 UK credit unions are covered by the Financial Services Compensation Scheme (FSCS), which protects savings in banks and similar institutions up to £85,000 (as of February 2017), covering about 98% of people; most members get their money back within a week. [17]