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Bradford And Bingley

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Just got this email following when I withdrew half my money from the Bradford and Bingley

They are shitting themselves

:rolleyes:

Dear Mr *

I notice that you have recently made a withdrawal from your Bradford & Bingley eSavings account.

This may have been a planned withdrawal or a precautionary move in the light of the media speculation surrounding the banking sector. I would like to take this opportunity to personally reassure you that Bradford & Bingley remain well funded and your savings will be secure if you continue to save with us.

We continue to remain committed to providing high quality products and services and have in fact recently launched a new savings range, which you might find of interest when shopping around for a new account. This includes a new market leading six month bond, paying a fixed rate of 6.50%AER, 6.40% p.a. Gross for a minimum investment of £1000.

click here for more details.

Whatever you choose to do, we hope you will be assured that Bradford & Bingley remains committed to serving the needs of its savers and we hope you will choose us again in the future.

Thank you for your valued custom.

Ian Cornelius

Director of Retail Products

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Just got this email following when I withdrew half my money from the Bradford and Bingley

They are shitting themselves

:rolleyes:

Dear Mr *

I notice that you have recently made a withdrawal from your Bradford & Bingley eSavings account.

This may have been a planned withdrawal or a precautionary move in the light of the media speculation surrounding the banking sector. I would like to take this opportunity to personally reassure you that Bradford & Bingley remain well funded and your savings will be secure if you continue to save with us.

We continue to remain committed to providing high quality products and services and have in fact recently launched a new savings range, which you might find of interest when shopping around for a new account. This includes a new market leading six month bond, paying a fixed rate of 6.50%AER, 6.40% p.a. Gross for a minimum investment of £1000.

click here for more details.

Whatever you choose to do, we hope you will be assured that Bradford & Bingley remains committed to serving the needs of its savers and we hope you will choose us again in the future.

Thank you for your valued custom.

Ian Cornelius

Director of Retail Products

I'll try to post this before someone else does.

ONLY HALF !!??

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Well I have just got an email notifying me of their new Internet Saver that pays 6.4% AER with no restrictions or penalties for withdrawals. Seems an interesting time to launch it?

They need the money, and they are not the only ones'.

The trouble is investment / savings decisions are not going to be made merely by looking at the interest rate offered. Not after NR. Folk are going to think about the strength of the institution in question as well. B+B, A&L and of course NR are now possibly the preserve of the brave or uninformed (although they would have to have been in a pretty remote spot not to have heard about the run on NR!). :lol:

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Guest Bart of Darkness
I'll try to post this before someone else does.

ONLY HALF !!??

Here's an interesting bear/bull question. Is the account now half-full or half-empty? ;)

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Well I have just got an email notifying me of their new Internet Saver that pays 6.4% AER with no restrictions or penalties for withdrawals. Seems an interesting time to launch it?

Those internet accounts are all fine and dandy until you log on and the "computer says no" alla Northern Rock.

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Pure hype!

Nothing wrong with BB at the moment, they don't have anything like the exposure of NR, fact!

BB are just being careful, they don't want any daft run on their funds by scaremongering techniques of the press that's all!

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Pure hype!

Nothing wrong with BB at the moment, they don't have anything like the exposure of NR, fact!

BB are just being careful, they don't want any daft run on their funds by scaremongering techniques of the press that's all!

So now you admit that NR have a problem??

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