News
Change To Third Party Withdrawals - 26/02/10
The Earl Shilton Building Society has moved to further protect its account holders' funds by announcing a change to its third party withdrawal procedure.
With effect from 1st April 2010, withdrawals by third parties from the Society's savings accounts will still be allowed. However, following the withdrawal the passbook will now be retained by the Society and returned directly by post to the account holder's registered correspondence address.
Cashiers at both branches will be instructed to ensure that the account holder's signature is in accordance with the signature held by the Society. In the case of a discrepancy, the Society will expect the account holder to provide a new signature in person at either the Earl Shilton or Barwell office.
Neville Thompson, Chief Executive at the Earl Shilton Building Society, comments, "The decision to introduce this change to our third party withdrawal procedure has been taken in the best interests of our account holders. Nobody means more to us than our customers and the security of their funds is of the utmost importance to everyone at the Society. This extra measure will simply provide further protection for their money and brings us in line with many of our fellow building societies."
He added, "We hope that announcing this change now, well in advance of the 1st April, will give our customers time to consider how this new may affect them, prior to it coming into effect."
To find out more information, please visit either branch at 22 The Hollow, Earl Shilton or 7 Malt Mill Bank, Barwell. Alternatively you can call 01455 844422, email enquire@esbs.co.uk or visit the website at www.esbs.co.uk.