Coutts - what is the proportion of GN members who

Hahaha I have two sister in laws who worked for Coutts a good while ago does that count

High street bank standard account for me 😂😂😂

I with the Nat West!
Does that count?

First Direct does for us.

My father did, and to make matters more difficult, it was in St. Helier Jersey! 👑 👑 👑
I don't know whether he was pretty rich or not.

I think it's an aspirational thing too - rather like in the 80s people who'd had a bit of success wanting to be a Lloyd's Name.

Eligibility questions. To open an account all UK clients and expats are required to save £3m+ or borrow (such as through a mortgage) or invest more than £1m with Coutts. To become an international client, you are required to save, borrow or invest more than £3m with us, depending on your country of residence
Given that there are financial qualifications to hold an account with Coutts , isn’t that an intrusive question?

Exactly what I was thinking Foxygloves.

Coutts closed my account, the reason they gave was because I'm on Gransnet.
It's too political, apparently.

Callistemon21

Coutts closed my account, the reason they gave was because I'm on Gransnet.
It's too political, apparently.

A lady never tells

Once, many years ago, banked with their subsidiary, nat West. Terrible bank, put money into wrong account if I remember, causing delay to payments. Moved from them. Been with Nationwide ever since, no complaints and local branches remain open .

I couldn’t possibly say!

I was thinking the same Foxy.

LauraNorderr

A lady never tells

That's why my last sentence was carefully worded to puncture the illusion!

Message withdrawn at poster's request.

Foxygloves

^Eligibility questions. To open an account all UK clients and expats are required to save £3m+ or borrow (such as through a mortgage) or invest more than £1m with Coutts. To become an international client, you are required to save, borrow or invest more than £3m with us, depending on your country of residence^
Given that there are financial qualifications to hold an account with Coutts , isn’t that an intrusive question?

Read the OP, I have never asked who on GN is a member of that private bank.

Foxygloves

^Eligibility questions. To open an account all UK clients and expats are required to save £3m+ or borrow (such as through a mortgage) or invest more than £1m with Coutts. To become an international client, you are required to save, borrow or invest more than £3m with us, depending on your country of residence^
Given that there are financial qualifications to hold an account with Coutts , isn’t that an intrusive question?

Thanks for that info. So, I imagine (but you never know)- that would exclude most of us.

Nat West and First Direct for us- we would certainly not be elegible for Coutts.

to have an account with Private Banking at Coutts
I'm sorry, are there other ways of reading this question?.

what is the proportion of ...

hypothetical question.

To what extent can a private business, not government owned, decide what their own rules are for doing business with them, and refuse or close accounts of people who do not fit in their profile?

to have an account with Private Banking at Coutts

What does that mean then? Am I reading it incorrectly?

that would exclude most of us
It would exclude most of the uk population.

Fleurpepper

what is the proportion of ...

hypothetical question.

To what extent can a private business, not government owned, decide what their own rules are for doing business with them, and refuse or close accounts of people who do not fit in their profile?

We aren’t just talking about a private business. We are talking about banking where there are very strict rules and regs as to what you can and can’t do.
Why do you think millions got money back over mis-selling: it was against the rules.

Apparently Prince Andrew banks with them but I havnt heard anything about them closing his account.

Unless every GN member gives a truthful reply to the original question it’s impossible to answer. And you could never know if all members had responded, nor whether replies were truthful, so why pose the question? Why don’t you simply ask bluntly if any of us banks with Coutts? Not that you’re likely to get any affirmative replies given that the criteria for holding a Coutts account have recently been well publicised.