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:
name: Tunbridge Wells Borough
Banks may also ask for the following
details in addition to the details above:
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
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.
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