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The Bank of England used to do this to some extent - it was only four years ago that they closed these, which were available to government departments, companie
by andylynch 6y ago
The Bank of England used to do this to some extent - it was only four years ago that they closed these, which were available to government departments, companies and employees. They concluded that these customers would better served by conventional and online banking services, and that their resources were better spent on their main purpose.
- ateng 6y agoDidn’t know they closed this! When I was a potential graduate scheme entree for BoE, one of the perks they emphasise is the ability to pay others with a Bank of England cheque, which, according to the guide, is a fantastic way to start a conversation.
- guerby 6y agoSame in France, I had one as son of a government employee. I even used it to cash USD checks from my internship in NYC circa 1995. A few years later all those accounts were closed and users were told to open a new account in a regular private bank.