Why is NATWEST such a rubish bank?

Question

Why is NATWEST such a rubish bank?

Answer 1

Every bank makes mistakes. If you are not satisfied you can always change. Natwest have been my banker since 1958 and has been used by my family since 1918. I don't work for them and never have. They've made 3 mistakes for my account but each time I've received an apology and an immediate correction. How many mistakes have you made in the thousands of actions you have taken since you reached adulthood.

Answer 2

natwest are a great bank. i have nothing but good words 4 them

Answer 3

I think you must have upset your particular branch, as I've got nothng but praise for my branch.  First name terms with most of the staff, and get regular checks against fraud on the credit cards.  They even rang me to confirm my whereabouts as my card was being used abroad whilst I was still in the UK, and with local police assistance were able to apprehend those who had cloned my details.

As for Halifax - my old bank - now that's RUBBISH. Wouldn't pay a £50 direct debit even though there was £3K in the account and wouldn't forward cheque books. After I complained investgators found three brand new cheque books in the branch & the manager claimed they didn't know my address even though publicity material was delivered every week.  HBOS is the last financial institution I would deal with - ever!!!!!!

Answer 4

NatWest - A History

In 1968 National Provincial Bank (est.1833) and Westminster Bank (est.1836), merged as National Westminster Bank. Together these banks could trace their history back down the centuries through a lineage of prestigious constituents, dating back to the 1650's.

The announcement completely surprised the City and the public, but to both banks the advantages were apparent - the merger enhanced balance sheet strength, created opportunities to streamline the branch networks and enabled greater investment in new technology. The statutory process of integration was completed in 1969 and National Westminster Bank commenced trading on 1 January 1970, with the three-arrowheads symbol as its logo.

The new bank, with 3,600 branches, developed a wide range of new services, including the bank's first credit card, Access, in 1972, and computer-linked cash dispensers, Servicetills, in 1976. Deregulation in the 1980s, culminating in 'Big Bang' in 1986, also encouraged National Westminster Bank to enter the securities business. County Bank, the Group's merchant bank, acquired stockbroking and jobbing firms to create NatWest Investment Bank. Meanwhile, the International Banking Division looked to provide international banking services to large companies and to focus on expansion in the USA, the Far East and Europe.

In the 1980s new services were developed such as telephone banking and touch-screen share dealing to assist the government's privatisation programme. The 1980's also saw the National Westminster Home Loans established in 1980 and the Small Business Unit in 1982. The Switch debit card extended the electronic transfer of money to point of sale in 1988. In the 1990s financial services markets world-wide underwent massive change and in response the bank refocused its activities, exiting from a number of markets and adopting the title of NatWest.

In March 2000, The Royal Bank of Scotland Group completed the acquisition of NatWest in a £21 billion deal that was the largest take-over in British banking history. NatWest is now part of a financial services group which (as at 4 November 2002) is the second largest bank by market capitalisation in the UK and in Europe and ranks fifth in the world.*

Answer 5

I joined Natwest because they told me they would give me a loan.I already owed a house,and had a coin collection worth more than the loan I wanted.I transfered funds from other banks,who had turned me down.I then went into Natwest,I told them they now had the deeds to my house there now.I showed the coin collection.Yes very good,BUT how are you going to pay for the loan(the loan was for another house).THEY told me assets are nothing,you have to show you can pay back.I explained my ideas to him.ASSETS are NOTHING.I went to another bank,forgetting about the loan.To open new accounts.two weeks later I went to the bank for money.I was told no money had yet been transfered,they looked into it for me.It took a month for my money to be transfered.Luckily the new bank give me a interest free overdraft until the money came.THEN my deeds to my house were left on the counter of the new bank.Lucky for me the teller saw them and put them in their safe.they told me next time they saw me.I have now been at this bank 30yrs.LLOYDS.

Answer 6

NatWest joined up with TSB?  Halifax confused with HBOS?  I don't think NatWest makes that many mistakes.

I have a NatWest account to use when I can't make internet payments.  I've never had a problem with it.

Answer 7

because it joined up with TSB

Answer 8

They all are

Answer 9

All banks are dishonest institutions praising the money diety.

Yes the NATWEST is the most incompetent in my experience.

People who work in banks are the undead, timid automatons,incapable of taking decisions, brain dead pen pushers, worshipping at the altar of "the bank".

Sadly these deviant organizations are the bed fellows of the Government, working for the mutual benefit of each other at huge expense to the Nation and the population.There only motivation is GREED!

But with the credit exposure they have got their apocalypse is just round the corner!