Info on new banking merger in Spain

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29 Apr 2013 2:30 PM by hugh_man Star rating in Kent/Roda . 1593 forum posts Send private message

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http://www.eyeonspain.com/blogs/spanishbusinessnews/10115/Lloyds-Banking-Group-sells-its-operations-in-Spain-to-Banco-Sabadell.aspx


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29 Apr 2013 2:37 PM by hugh_man Star rating in Kent/Roda . 1593 forum posts Send private message

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On BBC news site, Lloyds has sold its Spanish arm to Sabadell. Everyone who moved from CAM to Lloyds, looks like you're back again.
All these mergers/takeovers etc makes it rather difficult to take advantage of the euro guarantee of savings up to £100, 000.

Also, be very careful with direct debits and payments made from Lloyds accounts . When Sabadell took over CAM all account numbers were changed and many dds to utilities or Communities etc. did not get paid, causing all sorts of problems.

Ensure new account numbers are given to any supplier who has your direct debit instructions.


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01 May 2013 11:06 PM by pommers Star rating in Almoradi, Spain. 606 forum posts Send private message

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Thanks for that sunny news! 

It's taken 1 of my debiters over 12 months to get my account number right after Lloyds changed it after the Halifax merger.

 


This message was last edited by pommers on 01/05/2013.

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Cheers Pommers


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