New '90-day' rule for NatWest, HSBC, Lloyds and other banks from Tuesday

George Mihalcea

Several of Britain's biggest lenders are set to face a change on Tuesday. New rules surrounding the de-banking of customers are coming into force. HSBC, Natwest and Lloyds are among the banks that must comply with the fresh changes. The regulatory reforms are designed to give customers greater protections when their accounts are closed. The new regulations – taking effect from April 28 – require banks and payment service providers to give a minimum of 90 days' notice before closing a payment

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