Council moves to new bank account

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Luton Borough Council’s banking service is being moved from the Co-operative Bank to Lloyds Bank, with effect from Wednesday, April 1.

If you make payments to the council by direct debit, your payments will automatically be diverted into the new bank account and you do not need to take any further action.

If you pay by standing order, you will need to instruct your bank to make your payments to Lloyds Bank.

The council will be writing to all standing order customers with details of the new bank account, they will also issue a revised mandate for customers to sign and return.

The process must be completed by April 1, 2015.

Councillor Mohammed Ashraf said: “The reason for the change is that the Co-operative Bank is no longer providing banking facilities for local authorities.

“Lloyds Bank was selected via a competitive process.

“Customers are reminded it is their responsibility to ensure that sums owing to the council are paid on the due date, and that standing orders must be changed as directed.”

All invoicing and billing documents issued by the council from April 1, will include the new banking details.