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Posted: Sun Apr 05, 2009 5:57 pm
by atbav
Can you tell me please if halifax and Lloyds tsb are still trading as separate companies or can they use the right to offset if either is owed money.

Posted: Sun Apr 05, 2009 6:10 pm
by dand
i believe halifax and lloyds are linked.

This would mean either could have access to the others accounts.

im sure the experts will comment and confirm

Posted: Sun Apr 05, 2009 7:46 pm
by MelanieGiles
They are trading as separate companies, and I don't believe the one has the right to offset against the other, but it might be better to err with caution and open an account with an entirely unlinked bank.

Posted: Mon Apr 06, 2009 4:52 am
by David Mond
They do not have right of set off.