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NatWest to axe payment method available to millions of customers from tomorrow

The current buy now, pay later offering from NatWest sees customers repay the full cost of a product over four months, at 0% interest - but the bank will stop this from tomorrow ....

Dame Alison Rose , Nigel Farage , Payment Service Regulations , Buy Now , Pay Later ,

NatWest makes huge change to account rules ahead of 'de-banking' deadline

NatWest is now giving customers 90 days’ notice before they shut their account, in line with new legislation - at the moment, banks must provide a minimum notice period of 60 days ....

Nigel Farage , Paul Thwaite , Dame Alison Rose , Financial Ombudsman Service , Payment Service Regulations , Equality Act ,

The Quincecare duty – FAQs | Allen & Overy LLP

Although the so-called Quincecare duty was first recognised over 30 years ago, it has generated a significant volume of litigation in the last five years. In this article we respond to . ....

Supreme Court , Allen Overy , Payment Service Regulations , Financial Ombudsman Service , Services Act , Law Reform , Contributory Negligence , Unfair Contract Terms Act , Consumer Rights Act ,

New research shows banks took £3.6 billion in FX from SMBs last year

Big banks are taking money from small and midsize businesses in the form of additional FX fees, which in many cases is stopping businesses from expanding abroad. ....

United Kingdom , Payment Service Regulations Psrs , Financial Conduct Authority , Cross Border Payment , Payment Service Regulations , Chief Technology , Sme Uk , Fx Fees , Small Businesses ,