You are here: Home - Saving & Banking - News -

Lloyds takes Pole position

0
Written by:
12/01/2007

High street bank Lloyds-TSB will be the first to cater specifically for the UK’s Polish population, offering specialist services through some of its branches to the thousands of migrant workers who have come to the UK since 2004.

Bilingual English/Polish-speaking staff will man these ‘international finance superstores’ , signs will be in both languages, as will bank forms and product brochures.

Poles looking to open an account with Lloyds TSB will be directed to a specialist branch, where they will simply have to present their passport or EU identity card.

A utility bill showing proof of address is usually required to open a UK bank account, but as many Polish workers will be newly-arrived and may not have such a bill, Lloyds will waive this stipulation.

Over quarter of a million Poles have entered the UK legally since January 1st 2004, when Poland became a member of the EU. Many have plugged gaps in the market for skilled tradespeople such as builders and plumbers.

Stuart Rumney, director for the bank in Manchester said: “Our new European Retail branch will really help to take the fear factor out of opening a bank account for customers new to the UK. “There is a clear demand for a tailored banking service and to meet this demand we have been adapting our procedures.” In particular we have focused on making the account opening process as straightforward as possible for all our customers.”

Related Posts

Tagged:

Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

  • Given the Brexit uncertainty, you may be looking to protect your pounds ahead of your next holiday. Here are five w… https://t.co/pjn2d3P41E
  • If you are concerned you may miss the 31 January HMRC deadline to file your tax return, here are five excuses that… https://t.co/BRoNxdNLXM
  • Millions of Lloyds, Halifax and Bank of Scotland customers unable to make and receive payments in latest bank IT me… https://t.co/bKospYHViX
  • RT @YourMoneyUK: Millions of Lloyds, Halifax and Bank of Scotland customers unable to make and receive payments in latest bank IT meltdown…
  • RT @YourMoneyUK: Millions of Lloyds, Halifax and Bank of Scotland customers unable to make and receive payments in latest bank IT meltdown…
  • Make sure you're not paying more than you need to for your #energy. Check when your fixed deal ends and pop a note… https://t.co/OCfiU236o1

Read previous post:
Interest rate rises to 5.25%

The Bank of England’s Monetary Policy Committee voted to increase the UK Bank Rate from 5.00% to 5.25% today.

Close