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Legal, pensions and money

Coutts - what is the proportion of GN members who

(147 Posts)
Fleurpepper Sun 30-Jul-23 10:31:20

... have an account with Private Banking at Coutts.

What are the conditions to have an account with them?
I imagine you have to be pretty rich. We certainly would have never fitted their client profile.

Aveline Sun 30-Jul-23 13:09:44

I prefer to keep my trunks of gold bullion under my bed.

Callistemon21 Sun 30-Jul-23 13:13:45

Coutts - what is the proportion of GN members who ... have an account with Private Banking at Coutts

It sounds like a straightforward, not hypothetical, question but it would require knowing the exact number of posters registered on Gransnet and the number who are willing to admit to having a private account with Coutts to be able to work out a percentage.

Farzanah Sun 30-Jul-23 13:19:05

I prefer banking with Building Societies rather than banks for ethical reasons.

Namsnanny Sun 30-Jul-23 13:25:55

Callistemon21

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

Made me laugh🤣

Blossoming Sun 30-Jul-23 13:26:30

Would you like my card details and PIN number too?

Namsnanny Sun 30-Jul-23 13:27:08

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?

Look into ESG and

Foxygloves Sun 30-Jul-23 13:29:49

I give up
Lost in translation?

Blossoming Sun 30-Jul-23 13:34:15

Quite possibly Foxygloves. No way am I sharing any details of my financial affairs

Foxygloves Sun 30-Jul-23 13:36:37

There was nothing hypothetical in the wording of OP’s question which was direct, unequivocal and downright nosey.

PamelaJ1 Sun 30-Jul-23 13:38:28

Blossoming

Would you like my card details and PIN number too?

No, your address and burglar alarm code should be enough😂

Staceyann Sun 30-Jul-23 13:42:45

I believe Swiss banks are very good.

Callistemon21 Sun 30-Jul-23 14:25:49

Staceyann

I believe Swiss banks are very good.

Oh yes, very discreet.

Joseann Sun 30-Jul-23 14:30:01

Germanshepherdsmum

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.

Good points, Germanshepherdsmum but I don't mind giving the OP a run for her money, even though what was asked is jolly nosey!
Believe it or not, my father used to write me Jersey Coutts cheques for £5.5s to buy a doll or similar toy.
I'm sure GSM can verify how the assets are laid out in the schedules. Here's my proof.

So yes, the question was very clear, and my answer is very clear too, though you can guess for yourself who I have an account with currently, because like others have said ....
No way am I sharing any details of my financial affairs!!

eazybee Sun 30-Jul-23 14:30:58

Coutts could help; they compile dossiers about the private lives of their customers.

Callistemon21 Sun 30-Jul-23 14:32:55

eazybee

Coutts could help; they compile dossiers about the private lives of their customers.

You could ask the BBC 🙂

MerylStreep Sun 30-Jul-23 14:38:09

The more you read the OP, the more you think, blooming cheek.

Wyllow3 Sun 30-Jul-23 14:42:22

I read the O/P as pretty light hearted really with a bit of a dig at the possibly super rich, and so on. Who's "acceptable".

BlueBelle Sun 30-Jul-23 14:43:58

Well I m happy to answer
No never been near a Coutts never seen a Coutts bank have no interest in one and as long as I can eat and shop in the charity shop I m a happy bunny

eazybee Sun 30-Jul-23 14:51:20

When I read the OP my initial reaction was, MYOB.

A badly worded question.

Grantanow Sun 30-Jul-23 14:54:31

None of your business!

GrannyGravy13 Sun 30-Jul-23 14:55:02

I wouldn’t dream of divulging who I bank with on an internet forum…

Blossoming Sun 30-Jul-23 15:17:39

PamelaJ1

Blossoming

Would you like my card details and PIN number too?

No, your address and burglar alarm code should be enough😂

Not on your Nelly! You sound dodgy grin

kittylester Sun 30-Jul-23 15:56:29

I aim to spend all our money - saves a lot of wondering whether to open a Coutts account or not.

Fleurpepper Sun 30-Jul-23 16:01:05

Great idea kitty. Of course my OP was NOT asking about individual accounts - but wondering what the proportion of people in our generation, and GNetters- do have one.

As my dentist used to say 'that is for me to know and for you to wonder'.

But I do imagine the number is VERY small, or non-existent.

B9exchange Sun 30-Jul-23 16:36:12

I can claim to have had a Coutts account! It was in the late 60's and they had a branch inside the Middlesex Hospital for the doctors and nurses to use. Obviously it was closed down when I left nursing. But I still have the beautiful maroon leather cheque book cover embossed in gold with the three crowns!