I have an RBS business banking account which they keep pestering me to move elsewhere with an £820 + £500 incentive for doing so. I think this is due to pressure from government to offload some of their accounts to even up the market.
I also have a property secured loan with RBS in my business too, with a £1250 cashback incentive for doing so.
Sounds like free money! But I have just been sent a document asking my business to guarantee payment of all fees if any legal costs are not met by RBS, without knowing in full what all the fees are going to be. I think it should all work out ok, but looks like I need to be quite careful about this (i.e. get some legal advice).
So just wondering, has anyone else done the switch? and did it all work out ok? Starting to wonder if this is all going to be more hassle than it is worth.
I also have a property secured loan with RBS in my business too, with a £1250 cashback incentive for doing so.
Sounds like free money! But I have just been sent a document asking my business to guarantee payment of all fees if any legal costs are not met by RBS, without knowing in full what all the fees are going to be. I think it should all work out ok, but looks like I need to be quite careful about this (i.e. get some legal advice).
So just wondering, has anyone else done the switch? and did it all work out ok? Starting to wonder if this is all going to be more hassle than it is worth.
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