www.iva.co.uk

hi all,my partner & i are about to start an iva,we were advised to change bank accounts,so we have opened an account with LTSB but we were previously with halifax who are our main creditor,so we are now worried with the take over will LTSB become a creditor or will they close the new account? any advice greatly appreciated thanks,kev

Hi kev,

I am not sure what will happen with Lloyds/HBOS. I don't know if they are trading seperately or not.

Is it possible to open another account? A lot of people on here recommend the Co-op and Yorkshire Bank.

One of the professional experts will be able to advise further.

thank's for quick reply jan,i might try barklays it's just these are the only ones in the town, kev

They are still trading as separate banks, so your account ought to be safe.

I had a Co-op Cashminder account and you don't actually need to have a local branch. You can open the account on the phone and pay in and withdraw money at the Post Office. Their telephone customer service is brilliant as well.

thank's for the replies i'll stick with LTSB for now but may try another one too!,kev

I set up a bank account with bank of america, but found out where im moving to doesnt have a branch. I want to change accounts to PNC, is this going to be difficult. What do I need to do?...

I'm sorry Kenzie, this is forum is for UK debt so I cannot advise on American banks.