Chelsea breaks Bank Code

By Jo Thornhill
Updated:

?

MUTUAL Chelsea Building Society has been rapped by the Banking Code 基準s Board over its 扱うing of obsolete 貯金 accounts held by more than 12,000 顧客s.

Chelsea was 設立する to be in 違反 of the bank code of 行為／行う since it did not keep the 利益／興味 率s on its の近くにd or superseded accounts at the same l evel as those in its 現在の 範囲.

Under the 支配するs of the Banking Code if no 類似の 製品 is on 申し込む／申し出, then all 顧客s with obsolete accounts should be written to and helped to switch accounts.

Chelsea has agreed to 増加する the 率s on the accounts in question (which are 名簿（に載せる）／表（にあげる）d below), which have a 連合させるd total balance of £34m. And it has backdated the change to 1 September 2000. The society 見積（る）s that the 普通の／平均（する） payout to 顧客s will be about £6 after 税金.

This 付加 利益／興味 will be 追加するd to the 関連した accounts when 利益／興味 is next 予定 to be credited and に引き続いて the BCSB's 規則s the society has written to account 支えるもの／所有者s to 知らせる them and to tell them how they can 移転 or 身を引く their 基金s.

Stephen Hoole, director and 上級の general 経営者／支配人 (操作／手術s) at Chelsea, said: 'に引き続いて discussions with the BCSB we have come to a 相互に 許容できる 結論. The society has subscribed to the Banking Code since it was introduced in 1991 and fully supports its 客観的なs.'

The 厳重取締 on the Chelsea is part of a larger 産業-wide review 存在 carried out by the 基準s board into obsolete 貯金 accounts. 調査s are in 進歩 with a number of other 会・原則s.

Seymour Fortescue, 基準s board 長，指導者 (n)役員／(a)執行力のある, says: 'This is good news for Chelsea 顧客s who are now receiving better 率s of 利益／興味 and are more aware of the status of their accounts.'

影響する／感情d accounts

The Chelsea accounts 予定 extra 利益／興味 date 支援する over 19 years and are a combination of 社債 and 貯金 accounts.

Those 含むd are: 選択 90, Special 選択, Two-year 選択 社債, 首相 Account (first 問題／発行する through to eighth 問題／発行する), 資本／首都 City 7-day, Lion 株, 賞与金 株, 栄冠を与える 株, and Two-month 株.

The Banking Code is a voluntary code of 行為／行う introduced in 1991. It is followed by banks and building societies for their relations with personal 顧客s in the UK. The 最新の 版 （機の）カム into 影響 in January this year, and it is 利用できる 解放する／自由な from all 支店s of subscribing 会・原則s.

? 司法（官） for Tessa savers

? 最高の，を越す 貯金 率s

Some links in this article may be (v)提携させる(n)支部，加入者 links. If you click on them we may earn a small （売買）手数料，委託（する）／委員会／権限. That helps us 基金 This Is Money, and keep it 解放する／自由な to use. We do not 令状 articles to 促進する 製品s. We do not 許す any 商業の 関係 to 影響する／感情 our 編集（者）の independence.

Most watched Money ビデオs

{"status":"error","code":"499","payload":"資産 id not 設立する: readcomments comments with assetId=1553709, assetTypeId=1"}