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Current account switch service for banks

2 replies

DesireLight · 21/10/2019 17:44

If a bank offers a cash incentive for you to switch over to theirs via a current account switch which closes your existing account, how does it work if you have multiple accounts (including both current and savings accounts) with multiple banks? Can we choose to nominate which current account is used for the switchover and will thus will get closed?

Thanks

OP posts:
dementedpixie · 21/10/2019 17:47

You have to nominate the account you are switching as they switch over all the direct debits for you. It's only the current account that switch over, you'd have to do the savings account yourself

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