ABOUT THE SERVICE. The Current Account Switch Service makes switching current accounts from one UK bank or building society to another simple, reliable and stress-free. The service is available to consumers and small businesses, charities and trusts and allows you to choose a switch date that suits you. The new service provides all of the following benefits: • All your payments (in and out) will be moved to your new account. • Any remaining credit balance in your old account will be transferred to your new account and your old account will automatically close. • If any payments are accidentally made to your old account after your switch date, they’ll be automatically redirected or forwarded to your new account. • The switch process will be managed entirely by your new bank or building society and will be backed by the Current Account Switch Guarantee. The Current Account Switch Guarantee ensures your current account will switch on a day of your choice, your payments will be automatically transferred and redirected to your new account, and in the unlikely event anything goes wrong with your switch, we will refund any interest and charges (incurred on your old or new current accounts) as a result of this failure as soon as it is brought to our attention.
Appears in 2 contracts
Samples: Current Account Switch Agreement, Current Account Switch Agreement
ABOUT THE SERVICE. The Current Account Switch Service makes switching current accounts from one UK bank or building society to another simple, reliable and stress-free. The service is available to consumers and small businesses, charities and trusts and allows you to choose a switch date that suits you. The new service provides all of the following benefitsbenefits: • All your payments (in and out) will be moved to your new account. • Any remaining credit balance in your old account will be transferred to your new account and your old account will automatically close. • If any payments are accidentally made to your old account after aLer your switch date, they’ll be automatically redirected or forwarded to your new account. • The switch process will be managed entirely by your new bank or building society and will be backed by the Current Account Switch Guarantee. The Current Account Switch Guarantee ensures your current account will switch on a day of your choice, your payments will be automatically transferred and redirected to your new accountaccount and, and in the unlikely event anything goes wrong with your switch, we will refund any interest and charges (incurred on your old or new current accounts) as a result of this failure as soon as it is brought to our attentiona7ention.
Appears in 1 contract
Samples: Current Account Switch Agreement
ABOUT THE SERVICE. The Current Account Switch Service makes switching current accounts from one UK bank or building society to another simple, reliable and stress-free. The service is available to consumers and small businesses, charities and trusts and allows you to choose a switch date that suits you. The new service provides all of the following benefitsbenefits: • All your payments (in and out) will be moved to your new account. • Any remaining credit balance in your old account will be transferred to your new account and your old account will automatically close. • If any payments are accidentally made to your old account after your switch date, they’ll be automatically redirected or forwarded to your new account. • The switch process will be managed entirely by your new bank or building society and will be backed by the Current Account Switch Guarantee. The Current Account Switch Guarantee ensures your current account will switch on a day of your choice, your payments will be automatically transferred and redirected to your new accountaccount and, and in the unlikely event anything goes wrong with your switch, we will refund any interest and charges (incurred on your old or new current accounts) as a result of this failure as soon as it is brought to our attention.
Appears in 1 contract
Samples: Current Account Switch Agreement