dxlondon's Review of Reliance Bank
10th Oct 2008
Overall Rating
- Telephone Banking
- Local Branch
- Customer Service
- Internet Banking
- Cash Point Facility
> Loans and mortgages are supported by the bank's deposits.
All investments made by the bank adhere to strict ethical practices.
> They only charge £7.50 for unpaid direct debits/standing orders, bounced cheques and going overdrawn/above agreed overdraft.
> Online banking is simple and easy to use.
Bad Points
> Their customer service telephone line is only open weekday working hours.
General Comments
Reliance Bank is a very reliable and ethical bank to use - they give great PERSONAL customer service, and are also very prompt - it only took them 2 weeks to have my current account completely set up (including cheque book, visa debit card etc etc).
They are owned by The Salvation Army, and all profits go to futher that organisations charitable works - instead of paying a fat cat his multi-million pound bonus!
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Web Links
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Individual Savings Account - Wikipedia, the free encyclopedia
An Individual Savings Account (ISA) is a financial product available to residents in the United Kingdom. It is designed for the purpose of investment and savings with a favourable tax status. ISAs were introduced on 6 April 1999, replacing the earlier Personal Equity Plans...
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ISAs - Personal - Savings - Personal Banking - Clydesdale Bank
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The Individual Savings Account (Amendment) Regulations 2008 No. 704
Amendment of the Individual Savings Account Regulations 1998 (S.I. 1998/1870) ... 2. The Individual Savings Account Regulations 1998(4) are amended as follows
www.opsi.gov.uk
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