Don't know if this is correct or not -- have any Natwest customers hear any whispers?:
I have just heard that an IVA'er who has a mortgage with Natwest, has been told by them that, once the property is sold and mortgage redeemed, Nat west will NEVER entertain them as a customer again! Apperently new policy is to avoid ex BR's and IVA'ers with a vengeance!
Mind you -- it's their loss, as ex BR's and IVA'ers are more money savvy than many of their "standard" customers. I did hear somewhere else of a current account being shut because they discovered the cutomers IVA !! Ooo -- eerr [:(]
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Oooh - I really hope that's not true...I've just opened an Natwest Step Account as was advised via my IVA company that they accepted people in an IVA. They never asked the question when I opened the account so I really hope I don't end up having to open another one somewhere else
Susie
x
IVA Accepted 31st March 2011.
IVA Ends 31st March 2016.
I've not heard of anyone having a problem with Natwest bank accounts. The only ones who cause trouble are HSBC and First Direct.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I am with Natwest, and when they did an annual review a couple of months ago I mentioned the IVA when they were trying to get me to upgrade my account and the guy just said fine no problem. I hope they don't close them down it is stressful enough having to get new bank accounts etc without the choices being even more limited, it is as if they are trying to get us all to take monthly charged bank accounts, soon free ones will only be available to bad payers so they can get lots of overdraft charges etc.
If life is what you make it, I must have been in a strange mood when I made mine
I don't think they will be closing accounts. I was with NatWest, I had three accounts (two with overdrafts ) and now when my IVA was approved they removed the overdrawn accounts but left the other one so in theory I could be using it...but i won't! Of course the person who closed my overdrawn accounts knew I'm in IVA now.
I don't think Natwest will be closing any accounts. You will be fine Susie.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
) and now when my IVA was approved they removed the overdrawn accounts but left the other one so in theory I could be using it...but i won't! Of course the person who closed my overdrawn accounts knew I'm in IVA now.
