Barclays has announced that it is ending free banking services for charities – meanwhile, here at Tide, we’re stepping up our efforts to welcome even more charities. We’ve set up a hotline dedicated to affected registered charities to switch to a no monthly fee current account with Tide.
Our CEO Oliver Prill commented on the story: “This is further evidence of how the oligopoly of the Big Four banks is failing the UK’s business and charity sector. Tide offers a great alternative. We’re passionate about our members – a number of them charities – and encourage registered charities to reach out to us to join our state-of-the-art business account service.”
Registered charities can reach out on 020 3893 3501 or email firstname.lastname@example.org to speak to a dedicated switching team. To further support charities, we are waiving all transaction fees for an entire year when a charity signs up via the switching team.