North Lanarkshire Municipal Bank customers reminded to shut accounts ahead of bank's closure

dailyrecord.co.uk:

Customers of the North Lanarkshire Municipal Bank (NLMB) are being reminded to act now and shutdown their accounts ahead of the bank closing next month.All accounts held with the NLMB must be closed and alternative banking arrangements put in place before September 30.The bank will help existing customers make arrangements for balance transfers, changing payments and provide guidance on how they can set up new accounts with other providers.The Lanarkshire Live app is available to download now.

Get all the news from your area – as well as features, entertainment, sport and the latest on Lanarkshire’s recovery from the coronavirus pandemic – straight to your fingertips, 24/7.The free download features the latest breaking news and exclusive stories, and allows you to customise your page to the sections that matter most to you.Head to the App Store and never miss a beat in Lanarkshire - iOS - Android Elaine Kemp, company secretary, said: “It is important customers act now to give themselves time to make alternative banking arrangements."People need to contact us so we can help them transfer their savings and payments to other accounts.

We would also encourage family members to check with relatives if they may have an account.“We have a range of support services available and the sooner you speak to us, the quicker we can make suitable arrangements to help.

We are contacting all existing customers directly to remind them they need to contact us ahead of the bank closing down.”Customers can close down their accounts in person at any Municipal Bank branch across North Lanarkshire with funds payable using the following methods:Faster Payment: transfer to an alternative account in the existing customer’s name with another banking