Switching accounts is "just a matter of planning" by Finance News Bulletin

Published: 07/12/07

Moving accounts from one bank to another is "simple", according to the British Bankers' AssociationThe value of Christmas presents can "significantly" affect home contents cover, warns NFU MutualAxa is launching My Budget Day on November 21st in an effort to encourage populace to take control of their financesMoving accounts from one bank to another is "easy", according to the British Bankers' Association

It claims there has always been an wrong perception that switching is difficult, but that with the introduction of online banking, people are realising how simple it in fact isSpokesperson for the association Brian Capon said: "populace do shop around for the most excellent deals to suit their own purposes and according to what their circumstances are"He explained that "the input obsession is timing" and making sure salaries go into the right account is "now a matter of planning"The Financial Ombudsman Service recently claimed that complaints connecting to switching accounts had increased by 50 per cent on last year to 1,800

In March 2008, the novel Banking and Business Banking Codes will be introduced, counting measures such as the "prohibition of account

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