https://birminghamdaily.co.uk/tags/financialprotection/Recent content in financialprotection on Birmingham DailyHugo -- gohugo.ioen-usMon, 27 Apr 2026 05:03:21 +0000https://birminghamdaily.co.uk/new-90-day-notice-rule-for-lloyds-hsbc-natwest-and-nationwide-bank-account-closures/Mon, 27 Apr 2026 05:03:21 +0000https://birminghamdaily.co.uk/new-90-day-notice-rule-for-lloyds-hsbc-natwest-and-nationwide-bank-account-closures/Starting Monday, 28 April, some of the UK’s largest banks—including Lloyds, HSBC, NatWest, and Nationwide—are required to give customers a minimum of 90 days’ notice before closing their accounts. This is an increase from the previous two-month notice period. Introduced by the Labour Party government in 2025, the new regulations also mandate that banks provide written explanations for account closures. This transparency allows customers to understand the reasons behind the decision and gives them greater opportunity to challenge it through avenues such as the Financial Ombudsman Service.