[skip to content]

Visit the Borough Council at the Gateway

Bank Changes Save Money

Article Date: 4/1/2011

Tunbridge Wells Borough Council will achieve a saving of more than £100,000 over the next five years by changing its bank.  From today, 1 April 2011, the Council will bank with Lloyds TSB.

The savings come as a result of the Council retendering for its banking services and are in line with Tunbridge Wells Borough Council’s commitment to providing value for money to residents, service users and partners.

Residents who make payments to the Council by Direct Debit will find that these are automatically moved to the new account.  People who use a PayPoint outlet; the Council’s secure automated telephone service; cheque or cash; pay through the Gateway or the Kiosk will not notice any change to the service.

People who continue making payments by Standing Order, who go into their bank to pay or who make an international payment will need to change the payee details to:

Account name:     Tunbridge Wells Borough Council

Sort code:  30-00-02

Account number:   01396914

Banks may also ask for the following details in addition to the details above:

BIC:        LOYDGB2LCTY

IBAN:       GB02LOYD30000201396914

Changes to Standing Orders can be made now as the account is active.  For those who are not able to change their Standing Order immediately the existing HSBC account will remain open for at least three months during the changeover period. 

Those who pay by Standing Order, pay at a bank or use electronic payments from their bank account might want to consider switching to Direct Debit.  People can find out more about how to do this by contacting the Customer Services team on 01892 526121.


For older and more in-depth news items please visit our press release archive

Subscribe to our RSS feedSubscribe to our website news