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Die National Westminster Bank, kurz auch NatWest genannt, ist ein britisches Kreditinstitut mit Sitz in Bishopsgate in London. Die Bank entstand durch die Fusion der National Provincial Bank mit der Westminster Bank. Seit ist NatWest. Die National Westminster Bank, kurz auch NatWest genannt, ist ein britisches Kreditinstitut mit Sitz in Bishopsgate in London. Die Bank entstand durch die. NATIONAL WESTMINSTER BANK PLC BIC/SWIFT-Code Daten. NATIONAL WESTMINSTER BANK PLC, PREMIER PLACE, DEVONSHIRE SQUARE, LONDON. Bankname, NATIONAL WESTMINSTER BANK PLC. SWIFT-Code, NWBKGB55XXX. Adresse der Bank, BISHOPSGATE. Stadt, LONDON. Land, United. Ich bin Herr Joe Owen Harris, Leiter der Primeline, NatWest Bank plc, hier in NatWest Bank plc. London. P.S. Möchte jemand ebenfalls an Herrn Harris.
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1990s NatWest Cash Machine, Cashpoint, ATM, LondonWestminster Bank was formed in as London and Westminster Bank. The creation of the modern bank was announced in and commenced trading on 1 January after the statutory process of integration had been completed in Duncan Stirling, outgoing chairman of Westminster Bank, became first chairman of the fifth largest bank in the world.
The same banks, excluding Lloyds, were later responsible for the introduction of the Switch debit card later branded Maestro in Deregulation in the s, culminating in the Big Bang in , also encouraged the bank to enter the securities business.
County Bank, its merchant banking subsidiary formed in , acquired various stockbroking and jobbing firms to create the investment banking arm County NatWest.
National Westminster Home Loans was established in and other initiatives included the launch of the Piggy Account for children in , the Credit Zone, a flexible overdraft facility on which customers only pay interest now commonplace, this so-called pink debt was innovative when launched and the development of the Mondex electronic purse later sold to MasterCard Worldwide in Under the direction of Robin Leigh-Pemberton , later Lord Kingsdown, who became chairman in , the bank also expanded internationally, forming National Westminster Bancorp in the United States of America with a network of branches across two states, National Westminster Bank of Canada and NatWest Australia Bank; and opening branches on the European continent and in the Far East.
Completed in , the bank built the National Westminster Tower now known as Tower 42 in London to serve as its international headquarters. At a height of feet m it was the tallest building in the UK until the topping-out of Canary Wharf Tower 10 years later; [12] its footprint loosely approximating the bank's logo when viewed from the air, [13] although the architect claimed the similarity was coincidence.
The bank was hit by the stock market crash of and involvement in the collapse of Blue Arrow. Investor and shareholder confidence was so badly shaken that the Bank of England had to instruct the board of directors to resist calls for the resignation of its most senior executives in an effort to draw a line under the affair.
NatWest was forced to abandon its merger, but refused to agree to a takeover by a rival bank. Once Britain's most profitable bank, it was delisted from the London Stock Exchange and became, with its subsidiaries, component parts of the Royal Bank of Scotland Group.
According to Forbes Global , it was then the 13th largest company in the world. Chairman Sir Tom McKillop also confirmed he would stand down from that role when his contract expired in Goodwin was replaced by Stephen Hester , previously chief executive of British Land.
This figure was reduced to by May It revealed it would instead seek to sell the division to another bank. On 20 March the British paper The Guardian reported that hundreds of banks had helped launder KGB -related funds out of Russia, as uncovered by an investigation named Global Laundromat.
The NatWest sub-group of companies comprises National Westminster Bank and its subsidiary and associated undertakings. Structurally, National Westminster Bank was a wholly owned subsidiary of The Royal Bank of Scotland Group until , when ownership of the bank's entire issued ordinary share capital was transferred to The Royal Bank of Scotland as holding company, with RBS Group functioning as ultimate holding company.
At the same time the entire issued share capital of Lombard North Central was transferred by the bank to the holding company, [47] transferring back to NatWest in Ownership of National Westminster Home Loans was passed to the holding company in ; [48] however, the mortgage portfolio and related funding were also transferred back to NatWest in NatWest provide a full range of banking and insurance services to personal, business and commercial customers, including the first dedicated bank account in Britain to be delivered and supported entirely in the Polish language.
The bank operates "mobile branches" using converted vans to serve rural areas around St Austell, Swansea, Carlisle, Devon and North Wales.
The bank participates fully in the Faster Payments Service , an initiative to speed up certain payments, launched in National Westminster Bank use the following series of six digit sorting codes formatted into three pairs separated by hyphens:.
International Bank Account Numbers take the form GBxx NWBK ssss ssaa aaaa aa , where x refers to two check digits , s to the branch sort code and a to the individual account number.
Mettle is an e-money business account provided by Prepay Solutions, a trading name of Prepay Technologies Ltd. NatWest also entered the merchant acquiring market by introducing Tyl in Following discussions between the Office of Fair Trading , the Financial Ombudsman Service , the Financial Services Authority and the major banks, proceedings were issued on 27 July in a test case against the banks to determine the legality and enforceability of certain charges relating to unauthorised overdrafts.
It is argued that these are contrary to the Unfair Terms in Consumer Contracts Regulations ; Schedule 2 e of which gives a non-exhaustive list of terms which may be regarded as unfair, such as a term requiring a consumer who fails in his obligation to pay a disproportionately high sum in compensation.
The precedent for this was Dunlop Pneumatic Tyre Co. In late June , the group suffered a major computer malfunction, [95] resulting in some customers' account balances not updating correctly.
Some customers also reported problems with direct debits and standing orders being returned unpaid due to their account balances not updating correctly.
However, RBS stated in an announcement that they would work directly with the receiving banks and companies to ensure that all payments were processed.
As a result of the system outage, RBS also announced that they would work with credit rating agencies directly to ensure no customer's credit file was permanently impacted.
They also announced that no customer would be permanently out of pocket because of the system outage, and launched a dedicated new freephone helpline for the incident, as well as an online help point to guide and advise customers with any queries they had during the outage.
In December , a similar computer failure led to a number of customers being unable to use NatWest card services to pay for goods.
This second major outage of services fell on what is known as Cyber Monday , when major retailers discount goods to boost Christmas shopping. The chief executive of RBS Group at the time conceded that the bank would have "to do better".
The name NatWest has been associated with cricket tournaments held in England. From until , the bank was the title sponsor of English domestic cricket's main limited overs knockout tournament, which was known as the NatWest Trophy during that period.
Between and , the NatWest Series was an annual one-day international tournament involving England and two visiting international teams.
Since May , it has been the shirt sponsor for the England men's and women's cricket teams. NatWest is sponsor of the Southern Paintball League, the leading competitive paintball series in the south of England.
NatWest has been the main sponsor of the Island Games known as the NatWest Island Games since and has announced that it will continue to sponsor the event until NatWest CommunityForce is "a platform that empowers local projects and charities to raise awareness of their work and make their plans a reality with the support of NatWest and their local community.
From Wikipedia, the free encyclopedia. Redirected from NatWest Bank. UK bank. Main article: RBS computer system problems.
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The Bank has a large network of over branches and 3, cash machines across Great Britain and offers a wide range of banking services to over 7 million customers.
In Northern Ireland it operates through its Ulster Bank subsidiary. NatWest Bank is often mentioned in scam letters. In March , The Royal Bank of Scotland Group completed the acquisition of NatWest in a 21 billion pounds deal that was the largest take-over in British banking history.
Total assets: GBP
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