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Metro Bank welcomes increased focus on Current Account Switching: "This will kick other banks into gear"

4th February 2013

Craig Donaldson, Chief Executive of Metro Bank comments on today’s announcement from the Chancellor on the introduction of the seven day switch: “We welcome today’s increased focus on switching in the current account market. The ‘seven day switch’ is an important move that will do great good by increasing public confidence in the switching process. Customers tell us that they’re worried about the process, when in fact it is straightforward and simple, and we believe that it’s this lack of confidence that is significantly holding up movement in the market.

“Metro Bank already makes it easy to switch accounts. Customers can walk in from the street and open an account, and our dedicated switching team will handle the entire seamless switching process for them. This process will kick other banks into gear, and make switching even easier for our customers.”