Monzo - main
Nationwide - former legacy. used for movement of large sums
Starling
Halifax - Rewards
Barclays - Rewards
First Direct - former RS
HSBC - former RS
Virgin x4 - for interest
Santander - household bills
HyperJar - for kids’ cards only really
Previous
Tesco Bank
NatWest
Yorkshire Bank - ‘B’
TSB
Monese - refused to pay for them to send me a card
Cahoot
Alliance and Leicester - before Santander take over
It will keep around two dozen locations, in key cities across the US, from which to service its wealthy clients. The bank promised to keep open customer accounts with balances of more than $75,000, and business accounts with a turnover of $5m or more.
That. Exit strategy has been planned for a while now. If a ‘global’ bank with BAM branches in the US can’t become established after 40 years of trying, did they really try at all?
Maybe something else is behind this. They’re Frexiting™ too, so I don’t believe they would shut up shop in 2 western territories simply because they are losing money. The other territories would easily eat the comparably small losses.