Switching bank accounts is now easier and faster than ever before thanks to a new service launched on 16 September 2013.
The Current Account Switch Service means participating banks and building societies will complete the process of switching a customer's old bank account over to the new account in seven working days or less – previously it could take as long as 30 working days!
Customers will also be refunded for any interest or charges on their old or new bank account if anything goes wrong during the switching process, and will be able to choose a convenient switch date with their new banking provider.
The service is free to use.
So far, 39 banks and building societies have signed up to the service, covering almost the entire current account marketplace.
Participating providers will display a special trustmark on their marketing brochures, websites and in branches to indicate that they offer the service.
Below is a list of the banks and building societies who've signed up.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Compare all bank accounts with the 'Switch Service Guarantee' and have your new bank account within 7 days
How to switch current accounts
Disclaimer: This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.
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