But for now, there's no change to the actual products. In this manner, is TSB and Lloyds the same bank?Īll the remaining Lloyds TSB branches will now trade as Lloyds Bank. That was bought by Halifax Bank of Scotland in 2009 and was renamed Lloyds Banking Group. It used this name before merging with Lloyds Bank in 1995, resulting in the formation of Lloyds TSB in 1999. Similarly, who is TSB bank owned by? TSB stands for Trustee Savings Bank. Group Overview Lloyds Banking Group has many household names like Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. People also ask, which banks are part of the Lloyds Banking Group? The parent, TSB Banking Group, was registered in England in 2014 and later that year TSB Bank ceased to be part of the Lloyds Banking Group. In 1986, the legal entity, Trustee Savings Bank, was renamed TSB Scotland (and, in 1989, TSB Bank Scotland), before becoming Lloyds TSB Scotland in 1999. Personal Finance, for more information visit. This press release was distributed by ResponseSource Press Release Wire on behalf of pr-sending-enterprises in the following categories: Lloyds TSB Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Lloyds TSB Bank plc and Lloyds TSB Scotland plc are authorised and regulated by the Financial Services Authority and signatories to the Banking Codes. Lloyds TSB offers customers a wide range of current accounts, savings accounts, insurance, loans and credit cards, designed to meet different customers' needs. "Many customers are already used to the idea of keeping tabs on their bank account using a mobile phone, but we're launching the next generation of mobile banking that allows people to stay in real control of their money wherever they are." Just as Internet banking has taken the country by storm over the past decade, mobile banking is now set to change the way we mange our money." Mobile phones are now part of our daily lives in a way few would have imagined just a few years ago. Eight out of ten (81 per cent) say they send or receive texts more than half (57 per cent) use their phone as a camera a third (36 per cent) use it as a diary a quarter listen to the radio through their phones and a fifth (19 per cent) access the Internet.Ĭatherine McGrath adds, "Gone are the days when we used our phones only to call friends and family. The research highlighted the growing trend for mobile phones to be used for a range of purposes other than phone calls. Over a third (36 per cent) say that being able to manage their money in this way would help them to keep a closer eye on their finances.Ĭatherine McGrath, director of current accounts, Lloyds TSB said: "Technology is evolving at lightning speed and with these changes come new demands from our customers and new possibilities for products and services to meet their needs." However, the research also reveals that two thirds (60 per cent) want to be able to keep tabs on their accounts using their mobile phone, while half (53 per cent) want to be able to actively move money between accounts.
Lloyds TSB has four million customers registered for its Internet Banking service and new research2 shows that nearly three quarters (74 per cent) of people use Internet Banking to keep track of their finances. This means that any money you hold in a TSB account is protected up to a limit of £85,000 - so you wont lose out. Contact us Financial Services Compensation Scheme Were covered by the Financial Services Compensation Scheme (FSCS). This alert is designed to give customers control and peace of mind in always knowing what is happening on their savings or current accounts. Give us a call, or chat to us online and in the app using TSB Smart Agent. Subscribers will receive an alert if their debit card is used to withdraw cash from a cashpoint or to make a purchase abroad.
The new service will also include an Overseas Transaction Alert. They will also be able to view their account balances, check their last six transactions and receive a wide range of text alerts, to keep them up-to-date with their finances. Mobile Services allows customers to securely move money between their Lloyds TSB accounts on their mobile phone. The new Lloyds TSB Mobile Services are unique in giving customers the ability to move money instantly between accounts through a Mobile Banking application and receive text messages about their finances. Lloyds TSB has become the first bank in the UK to offer a range of banking services allowing customers to monitor and manage their money on a mobile phone.
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