Thousands of people are being reminded to move their money as bank Intelligent Finance is set to close all its current accounts. All customers will be given two months' notice of the move, parent company Lloyds Banking Group has confirmed.
According to The Mirror, the first lot of current accounts will be closed on Tuesday, August 1. Despite the changes, it has also been confirmed people with a savings account or mortgage with Intelligent Finance will not be affected.
Those customers with a non-ISA savings account and their current account is closing are being advised that any money they have will be moved over. If you only have a current account, or an ISA account, you’ll be sent your funds in the form of a cheque in the post.
