Summary
BANK customers should be able to transfer their account numbers as easily as their national insurance number, one of the newer entrants to the market told MPs yesterday.
Jayne-Anne Gadhia, chief executive of Virgin Money, said it could "revolutionise" how the sector worked for consumers and break what she claimed was an "oligopoly" of the big five banks in current accounts.See the full content of this document
Extract
Gadhia Calls for Portable Account Numbers
Gadhia told the Treasury select committee that the Big Five - Royal Bank of Scotl...
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