The Co-operative Bank comments on today's confirmation that it will be part of the Incentivised Switching Scheme
19 December 2018
The Co-operative Bank is delighted to have been confirmed as part of the Incentivised Switching Scheme by the Board of Banking Competition Remedies Ltd (BCR) Further details of the announcement are available here.
Co-operative Bank Commercial Director Darrell Evans says,
"We are delighted to have been selected - we believe our ethical brand and strong service culture will be attractive to many of the SME customers that are part of the scheme. We want to be a part of helping deliver greater competition in the market as a whole so this is great news for the Co-operative Bank."
The Co-operative Bank currently looks after the banking needs of circa 90,000 SMEs, 700 co-operatives, 5,000 charities, and 279 credit unions. The Co-operative Bank’s award-winning Business Directplus Current Account was rated Five Stars by Moneyfacts in 2018 and offers 18 months of free banking to eligible customers.
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For further information:
Lesley McPherson, Director of Communications