Current Accounts - Transferring

[airbolt]

I am seriously considering moving my Current Account . However two things concern me

* I have no income at present although this may change

* The difficulty of transferring existing standing orders and direct debits

Has any recently transferred ? If so , how did you find it?

[stevie21]

Most banks will expect a regular income and ask you to fill in a salary mandate form as part of the acount opening process. I've seen accounts closed against the wishes of the customer because a regular income that was promised never materialised.

[Gef]

This is not getting at the questioner but if you have no income what is the point of having direct debits and standing orders?

[airbolt]

Per the last response - I still have the same Bills as I did when I was in work and they still require payment.

[ianess]

Not recently, but I changed from the Clydesdale Bank to the Nationwide and it was all very simple and efficient, with the minimum of form filling. The entire process only took a couple of weeks.

[Otrere]

Airbolt - think Gef was wondering how you were paying SO and DD if you have no income. You must have some money deposited in a current account to pay these bills so if you have some to transfer I can't see it being a problem.

[Otrere]

PS - I pay absolutely everything by SO and DD and the thought of transferring to another bank and all that hassle just horrifies me!!!