If you’re like me and sick of pressing buttons continually on your telephone to respond to the same queries from your bank each time you call? Why don’t you think about one of the more user friendly private banks. They offer good traditional banking services like they used to be.
Remember the days when you could pick up a phone and speak to the same person as before? I called in at the Pensions Bank in Leicester early in December 2009 and met all the key staff, only about ten people, including their Chief Executive Officer. Small banks like this have identical protection under UK legislation as the impersonal high street banks that pay huge bonuses and bounce customers from one recorded instruction to another. So why endure repetitive telephone messages after a long wait listening to music? An efficient small bank can provide a more relaxed and faster personal service with real people?
There is no requirement to be well heeled just to achieve the first class service offered by one of these specialist banks. In this instance, the Pensions Bank introduced by equity care only stipulates a minimum of three thousand pounds for complimentary banking and this is done by monthly adjustment from your high interest account.
Tiny private banks could also focus on niche client requirements. For example the Pensions Bank can make life easier when opening and administering accounts for older individuals, their relations and legal representatives. In this situation, the money laundering laws and explaining identification paperwork can be especially exasperating and time intensive with many giant high profile banks. this smaller Bank’s systems will just accept proof of I. D from your professional representative. And they can communicate together with client’s advisers in dealing with trusts and pension plan admin. In contrast to the large banks, they are not preoccupied with selling visa cards, life policies, annuities and bonds etc. Instead they prefer to work in tandem with their client’s established financial advisers.
Like many small private banks with the traditional customer service values of old, the Pensions Bank combines old fashioned client service with 21st century technology. They provide up to date Internet facilities with competitive deposit and lending terms together with the normal direct debit, standing order, bank transfer and other customer services you would expect. Additionally they offer business banking facilities including pay as you earn administration administration on competitive terms for firms of all sizes.
The high customer values of the past can really be brought into modern day banking. You can now experience the advantages of speaking with proper people instead of listening to recorded instructions year on year. It’s a tremendous pity that these real banks are kept under wraps?
Want to find out more about choosing a bankchoosing a bank, simply visit Shane Dalton’s equityCare site on how to selectyour best bankfor your needs.
Tags: attorneys, bank, banking, best, Choosing, Deposits, elderly, Family, investment, pensions, personal, private, savings, Smaller, Trusts
