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Daily Banking Industry News
Saturday 20th of March 2010
June 30, 2009

Lloyds TSB launches “balance on demand”

by Gill Montia

Story link: Lloyds TSB launches “balance on demand”

Lloyds TSB has this week launched what it claims to be the UK’s first “balance on demand” texting service.

Customers can access their details by texting BAL plus the last four digits of their current account to a special Lloyds’ number and will immediately receive their balance plus details of their last six transactions.

The service, which includes a facility to transfer money between Lloyds’ accounts is free for those with so called packaged accounts that include such items as breakdown cover and insurance, but for others it costs £2.50 a month.

Texts are charged at the mobile operators’ standard rates and
applications can be made online or via an Internet enabled phone.

Lloyds TSB has also launched its National School Sport Week, which runs until 3rd July and aims to inspire over a million young people across the UK to engage in more sport.

Over 10,400 schools and school sport partnerships are participating.

 

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