NatWest heads “phishing” league
by Gill Montia
Story link: NatWest heads “phishing” league
ClearMyMail, the company that specialises in anti-spam, anti-virus and anti-phishing protection, has published a list of the 10 financial services companies whose customers are most likely to be targeted by spam and fraud by “phishing”.
NatWest heads the list, with 41% of all “phishing” emails blocked by ClearMyMail aimed at the bank.
The emails purport to be […]
New Year shock for RBS credit card customers
by Gill Montia
Story link: New Year shock for RBS credit card customers
Two leading credit card providers are reducing the interest-free period available to cardholders who settle their balance each month, in full.
From 1st January, many NatWest and Royal Bank of Scotland (RBS) customers will discover that they now have days, rather than weeks, to pay credit card bills and avoid interest payments.
RBS cardholders currently have around […]
NatWest Three Plead Guilty For 37 Month Jail Term
by Stewart Douglas
Story link: NatWest Three Plead Guilty For 37 Month Jail Term
The three former bankers dubbed the ‘NatWest Three’ have today learned they are to face a custodial sentence of up to 37 months for their part in fraud allegations surrounding the high profile Enron case after having offered a guilty plea as part of a mitigation process.
The former NatWest bankers, all of whom have rigorously […]
NatWest Three Prepare To Face Trial
by Stewart Douglas
Story link: NatWest Three Prepare To Face Trial
The three former UK bankers charged with committing fraud in connection with the Enron case will today appear before a court in the US having been extradited, to be tried under the law of Texas in a Houston courtroom after much debate as to their case.
The trio, branded the NatWest Three, will appear in Houston […]
RBS and NatWest combat phishing fraud
by Gill Montia
Story link: RBS and NatWest combat phishing fraud
Royal Bank of Scotland (RBS) and NatWest are issuing new security devices to customers who bank on line.
In future, RBS and NatWest account holders who are setting up payments, such as direct debits, will use debit card readers that generate a new code each time they are used.
The reader looks like a small calculator […]
RBS records record profit
by Gill Montia
Story link: RBS records record profit
Royal Bank of Scotland (RBS), owner of NatWest, recorded an 11% increase in profit, to a record £5.1 billion, in the six months to the end of June 2007.
The performance was particularly strong given that the bank repaid £81million to customers reclaiming bank charges, whilst also footing a £125 million bill for this year’s flood […]
Which? survey embarrasses leading banks
by Gill Montia
Story link: Which? survey embarrasses leading banks
Which?, the consumer group, has published its ‘best buy’ survey of bank accounts, which did not feature accounts offered by Barclays, HSBC, Lloyds TSB or NatWest.
According to Which?, consumers borrowing and saving with the four leading banks are getting poor value interest rates combined with customer service that is below the standard of some […]
Barclays and NatWest breach data protection rules
by Gill Montia
Story link: Barclays and NatWest breach data protection rules
The Information Commissioner’s Office (IC0), the independent public body set up to promote access to official information and protect personal information, has issued a report naming a number of High Street banks found to be in breach of data protection rules.
Barclays and NatWest are among those listed, along with retailers, Government departments, public bodies and […]
NatWest launches Start-Up service for new business
by Gill Montia
Story link: NatWest launches Start-Up service for new business
NatWest is supporting new businesses with the launch of its Start-Up service which promises entrepreneurs free banking for two years, plus support from a network of over 1,700 locally based business managers, who will be advising clients face-to-face.
The offer is aimed at businesses that have begun trading within the last 12 months and the free […]
Moneysupermarket Bank Charge Survey
by Gill Montia
Story link: Moneysupermarket Bank Charge Survey
Moneysupermarket.com, the comparison website, has issued a report highlighting dramatic differences between the unauthorised overdraft charges levied by UK banks.
For customers going £60 into the red charges vary from £25 to £133, depending on their bank. The system certainly lacks consistency and could be regarded as unjust.
Moneysupermarket.com researched the charges levied by the UK’s […]
