Tesco Bank to close all current accounts at end of November

Tesco Bank to close all current accounts at end of November

The lender, which is part of Britain's biggest supermarket chain, said it was writing to holders of the 213,000 accounts to explain their options after finding most did not use them as their primary current accounts.

Tesco Bank to close all current accounts by November this year

Tesco Bank has announced it will close all its current accounts by the end of November because most customers are not using it as their main account.

Consumer advice as Scots bank makes shock move to shut current accounts

EDINBURGH-based Tesco Bank is to close all of its personal and business current accounts at the end of November after it found that the vast…

Tesco Bank to close all current accounts from end of November

Customers to receive letter in next fortnight to advise on what they need to do

Tesco Bank to close all current accounts in November

Tesco Bank said not enough of its customers are using their current accounts for their main account (Picture: Getty)Tesco Bank is to close all of its personal and business current accounts at the end of November.The supermarket is pulling the plug after it found the vast majority of its banking customers were not using it for their main account.Customers will soon receive a message asking them to withdraw all their money from the accounts before…

Tesco Bank due to close all current accounts from November

The supermarket-owned bank said the closures are because not enough users have its current account as their main account, with many just using it as a savings pot