If you need to contact us to tell us of the bereavement of a Post Office card account holder (purple card) please call us on: 0345 722 3344. As the personal representative /notifier well ask you some simple questions to capture the information that we need. Already opened an ISA with us? If the deceased was a Santander customer, please let us know as soon as possible. Prior to this, Michael founded and became CEO of Figleaves.com, a leading online retailer. You can register here, fill out a few details and youll be online in no time. PO Box 17507, Edinburgh, EH12 1PX. Sainsbury's Bank plc is covered by the Financial Services Compensation Scheme (FSCS), details of which can be found here. From an exploratory study of financial implications of death of a child (Corden, Sainsbury, & Sloper, 2001) the authors went on to investigate financial changes and adjustment to new economic roles following Sainsbury's Bank plc is covered by the Financial Services Compensation Scheme (FSCS), details of which can be found here. - If youre a Crown Employee serving overseas (or their civil partner or spouse) and you want to apply for an ISA, please call us on 08085 40 40 60 from within the UK or 0044131 663 3184 if youre outside the UK. When someone passes away, there are decisions to be made that can feel overwhelming. Contact the diabetes team if you want to explore other infusion sets that are compatible with your Medtronic 640 or 780 insulin pump; Sainsburys Bank will require the following: Once you have sent the notification, Sainsburys Bank shouldthen talk you through your next steps in the process. Worthing, The surviving party becomes responsible for continuing to make the repayments on the mortgage and to clear the mortgage balance. You can then try an alternative current account in your name, but if you still want the payment to go to the account that failed, youll need to send us an original statement, along with what youd like the payment reference to be. The Sainsbury's Bank car and home insurance app is the easiest way to view your policy information and documents, whether you're at home or on the go. He has held several senior international financial services roles, most, recently at RBS in the UK as Chief Executive Officer of Williams and, Glyn. Its the Estate thats responsible for paying the debt if theres no money available, the personal representative / Executor wont be asked to cover whats owed by the person who passed away. Using this tool will set a cookie on your device to remember your preferences. This is a free service and can be a useful help track down a complete list. These cookies do not identify you personally, they just give us statistics. . Remember to help you manage this account and any others you may be dealing with,Life Ledgeroffers a free and easy to use service. Salary Search: Customer Service Advisor - Travel Money salaries in Swindon. Car insurance help Home insurance Consider your financial support If the loss of a partner means you have lost your main household income, or if you are struggling to pay the funeral bill, you may be entitled to financial help or benefits. For TV, phone, and broadband subscriptions, youll need to contact the provider to see if you can cancel any outstanding payments, or to transfer the contract to your name. The quickest and easiest way to do this is through Sainsbury's Bank Online Banking, you'll be able to transfer money from your savings account to your current account in just a few taps. Settlds free service allows you to notify Sainsburys Bank Credit Card and all other companies when an account holder dies, using just one form. The surviving account holder may wish to repay the Loan in full, repay it with proceeds from the Estate or to keep the Loan in their sole name. For example, they allow our live chat function to work. Relay UK: 18001 0800 161 5903 Our acceptable documents list can befound here. In the meantime, your existing provider will continue paying interest until the account is closed. Other savings accounts Sainsbury's Bank plc is covered by the Financial Services Compensation Scheme (FSCS), details of which can be found here. Transfer money between accounts Pay bills and people How do I decide which account is for me? Making and tracking a claim, and getting in touch. Haux, who has been with the Swiss bank for 15 years, is to take on a new role as CEO of the Swiss arm of LGT Bank in November. Later roles included COO and Deputy Chief Executive Officer of Barclays Wealth Business. We will also freeze any sole current or savings accounts and credit cards. What are your currency exchange rates? For guidance specifically on dealing with probate and inheritance tax - and a good source for downloading documents. We're here to help. The administration team at Willis Towers Watson can answer any questions you may have about your benefits in the Scheme. Two years later Life Ledger was launched We have broken these down by topic to help with searching. If you have a hearing or speech impairment, you can also contact us via the Text Relay service (Next Generation Text). If the Mortgage was in the deceaseds name only it might be possible to pay it off using the proceeds of the Estate or an insurance policy. Well then write to you asking you to call us to confirm that these instructions are correct. Life Ledgers free serviceallows you to register a death with Sainsburys Bank and any other UK company connected to the deceased. Confirmation of the Estate In Scotland, this is the legal document obtained from the court after a death. You can find out about the services that have these additional charges on our General Terms and Conditions, which you can find here. If the deceased had accounts with other banks or financial institutions, you could approach them to help with the funeral costs. 8. Sainsburys Bank, If the deceased had any cash ISAs with us, they would remain open until the deceaseds personal representatives close the ISA as part of their administration of the Estate or for a maximum of 3 years from the date of death, whichever is the earlier. Since 6 April 2016, the Governments Personal Savings Allowance (PSA) allowed banks and building societies to pay interest gross, without income tax deducted, up to a certain allowance. The employer's Human Resource department should be able to advise the next of kin or Executor(s) if this is the case. If you write to us, please include the account holders account details and Death Certificate reference number on any correspondence. These cookies do not identify you personally, they just give us statistics. Well also publish the latest interest rates here. He has a background in accountancy, finance and capital markets with 30 years in the financial services industry (West of England Building Society, Birmingham Midshires, Staffordshire Building Society and Principality Building Society) with specific experience in Finance, Capital Markets, Treasury, Lending, Risk and General Management. Beneficiary A person whos entitled to receive money or property from a Will or intestacy. University College Hospital at Westmoreland Street. Right of Set Off is a legal process, contained within the Savings Accounts Terms and Conditions that enables Sainsburys Bank to apply balances held by the customer in their Savings account against balances owed to us in the same name, providing we have acknowledgement from the personal representative/Executor. Get started here, enter a few details, and you're good to go. From the 6 April 2015 a spouse or civil partner has been entitled to make use of the ISA benefits that the deceased had built up in any ISAs they had if they passed away on or after 3 December 2014. . Facing Bereavementwww.facingbereavement.co.uk Sainsbury's Supermarkets Ltd is an appointed representative of Sainsbury's Bank plc. Sainsbury's Bank Nectar Nectar360 Sustainability Plan for Better Reports and policies Our stories Performance Materiality and governance Sustainable sourcing Better for you Healthy diets Better for the planet Carbon Water Plastic Recycling Food waste Nature Agriculture Better for everyone Human rights Community and partnerships Start by letting us know what's happened To let us know someone with a Monzo account has died, you can get in touch by emailing us on bereavements@monzo.com. Rosanne is a Non-Executive Director and Chair of the Remuneration Committee for Openwork, previously part of Zurich. If you need your statements in a special format like large print or Braille, you just need to ask. Telephone number. If you need help, our customer bereavement team can support and guide you through the process. But don't worry if you don't as we can search for you on our systems. Estate This is the total value of everything an individual owns, such as money, property and possessions, and everything thats registered in their name, less any debts. If the deceased was the additional Cardholder, then well update our records, and the account will continue. Your home may be repossessed if you do not keep up repayments on your mortgage. Its a copy of the signed entry in the death register, and confirms the date, cause, and location of death. There is also lots of advice and support available through: > The Citizen's Advice Bureau adviceguide.org.uk > Cruse bereavement counselling cruse.org.uk > 'Births, deaths, marriages and care' gov.uk > The 'Bereavement Guide' hmrc.gov.uk > Age UK ageuk.org.uk The personal representative(s) hold the legal responsibility of dealing with the deceased affairs. Create an account and add all of the deceased details, just once, Select the businesses you want to inform, add account details & instructions, such as close or transfer account, We will select, package and send the information each business requires. Lesley joined Sainsburys Bank as its Chair in January 2021 and is also an Independent Member of Moodys Investor Services Ltd. Lesley is a Non-Executive Director on the Board of Moneysupermarket.com Group plc and is also a member of their Audit, Nomination and Risk Committees. PO Box 4955, For balances between 15,000 and 24,999 the form needs to be signed and declared before a solicitor, Commissioner for Oaths, Justice of the Peace or Notary Public. Need an answer or want to know more about something? Sainsbury's Bank plc is covered by the Financial Services Compensation Scheme (FSCS), details of which can be found here. Website http://www.sainsburysbank.co.uk Industries Financial Services Company size 1,001-5,000 employees Headquarters Edinburgh, Scotland Type Privately Held Founded 1997 Specialties financial. Its the equivalent to the Grant of Probate obtained in England and Wales. We want to make sure you stay in the know. Well then set up your payment mandate and you can make a payment within 2 working days. How to Inform Sainsbury's Bank of a Bereavement Life Ledger's free service allows you to register a death with Sainsbury's Bank and any other UK company connected to the deceased. Thank you again for your personal engagement. Earlier in his career, he held, several senior executive roles for Citibank, Bank, Saudi Hollandi Bank, The Royal Bank of. The maximum you can have in each account depends on the type of savings account you have with us. If there isnt a Will, the legal document is called Letters of Administration. Sainsbury's took full ownership of the bank in January 2014. If the transfer takes longer than seven days, well start paying you interest at the new rate from day eight onwards (even if your old account hasnt closed yet), as long as your ISA was ready to be transferred when your existing provider received our request. She is also a Non-Executive Director of Sainsburys Bank and sits on its Nomination and Remuneration Committees. Once youve logged in, select the My details tab where you can choose what youd like to update. Once your statement is available, well add it to your Online Banking account so that you can view it any time you need to. The GovernmentsTell us onceservice allows you to complete a single online form to tell the various Government departments. A death needs to be registered within five days in England, Wales, and Northern Ireland, and within eight days in Scotland. If someone dies without making a Will, it's known as 'dying intestate. Grant of Probate (GOP) This is an official document that confirms the Will is valid together with the names of the Executors who are legally entitled to administer the Estate and to follow its wishes. You can compare account features and benefits here. The APS allows the surviving spouse/civil partner to deposit funds into their own Cash ISA account. Fixed Rate Cash ISA If you want to to open an 'In Trust' account, you won't be able to do this online, but if you give us a call we'll be able to help. Clodagh is responsible for all stores and their operations, as well as Sainsburys digital offer and strategy, ensuring customers experience an integrated and seamless shopping experience across Sainsburys, Argos,Tu, Sainsburys Bank and Nectar. However, this excludes Fixed Rate Savings accounts, variable and Fixed Rate Cash ISAs. Tell Us Once-What to do after someone dies: Tell Us Once - GOV.UK (www.gov.uk) If you have a question, you'll be able to find most answers in our Help Centre. Inheritance Tax is a tax on the Estate (the property, money, and possessions) of someone whos died. Your home may be repossessed if you do not keep up repayments on your mortgage. If weve not been advised that a Grant of Probate is being requested, we can close the account when you return the completed Statutory Declaration. Three travel firms will 'relax' an agreement, which prevented other online travel agents from selling discounted rooms. Hampden & Co has appointed Sainsbury's Bank's head of digital transformation as its new chief operating officer. in Ireland. If we make a reduction to the interest rate on your account, well contact you at least 14 days before we make the change. Jim joined Sainsburys Bank in June 2019. The surviving spouse/civil partner may subscribe their APS allowance with either Sainsburys Bank or another financial institution, providing they accept APS transfers. For Barclaycard accounts, give our specialist Bereavement Team a call on 0800 161 5199. 14 Month No Balance Transfer Fee Credit Card, If the Estate is worth more that 325,000, Inheritance Tax will need to be paid before well release any money. HM Revenue & Customs-Welcome to GOV.UK (www.gov.uk) This is a legal document and is an Executors legal authority to deal with all the assets of the Estate. If you have a Variable Rate Cash ISA, interest earned on it will not count towards your Personal Savings Allowance because it is already tax free. Please contact the ward before visiting as restrictions may apply. As these ISA funds form part of the Estate the balance must be paid to the Executors of the Estate before an APS can be claimed. Its easy to make changes to your account online. We only use the necessary cookies to make our site work. That's why any rate changes are updated online where you can find current and old rates. Thank you so much for your concern and going that extra bit further for us, your understanding and compassion shines through. 'Surplus' fruit & veg across 200 stores. If you havent opened an ISA with us youll need to do that first. Clodagh has previously been Director of Online, Head of Online Trading, Merchandising & Content and Category Manager for Meal Solutions at Sainsburys. You won't be able to set up Direct Debits on any of our Sainsbury's Bank savings accounts. Respiratory outpatient physiotherapy. Sainsbury's Bank Nectar Nectar360 Sustainability Plan for Better Reports and policies Our stories Performance Materiality and governance Sustainable sourcing Better for you Healthy diets Better for the planet Carbon Water Plastic Recycling Food waste Nature Agriculture Better for everyone Human rights Community and partnerships Critical illness cover, making a claim, and FAQs. This will depend on the type of savings account you have. She is also a Non-Executive Director of Sainsburys Bank and sits on its Nomination and Remuneration Committees. Simply give us a call and we'll do this for you. Pay for your policy. You can make unlimited withdrawals, but if you make 4 or more withdrawals within a year, your interest rate will reduce until the anniversary of your account opening. If this is the case, we may transfer your money to the reclaim fund. For more information visit mylostaccount.org.uk. I need help understanding my credit card statement. In England, Wales and Northern Ireland the Laws of Intestacy apply and the person who will inherit the Estate is the next of kin usually their husband, wife, civil partner, or their child/children. This rating has been stable over the past 12 months. We take care of the stressful admin, giving you time to focus on what really matters. Sainsbury's Bereavement Leave 116 employees reported this benefit 4.5 8 Ratings Available to UK-based employees Change location Employee Comments Showing 1-8 of 8 Feb. 26, 2022 5.0 Current Employee Never had to take it thankfully but looked down on Helpful Report May 5, 2020 5.0 Current Employee More than fair for what is needed For example, we may ask you to complete a Statutory Declaration or send us a Grant of Probate/Certificate of Confirmation. Like other banks, we assess your application based on: We use all this information to form a decision on your application. How often you receive interest will depend on the type of savings account that you have or the preference you made when you applied. Co-operative Bank/smile only +44 (0)3457 212 212 ( call charges) Monday to Friday, 8am to 6pm Saturday and Sunday, 9am to 5pm Britannia Can I make a payment from my savings account? All you need to do is complete the Transfer In form we sent with your welcome letter or click here to download a copy. If you have a Defined Access Saver account, it's important to remember that if you make 4 or more withdrawals within a year, your interest rate will reduce until the anniversary of your account opening. Our bereavement specialists are here to support you and make closing the Monzo account of someone who's died as simple as possible. If there's no Will, it's the responsibility of the next of kin to administer and distribute the deceased's Estate according to the laws of intestacy. Carole is a chartered accountant and experienced business leader, combining profit and loss responsibility with end-to-end infrastructure experience. If the account is shared, the second customers marketing preferences will stay the same. You might need to tell other organisations about the persons death, such as other banks or building societies, utility companies, etc. If its a joint account: We wont add any restrictions and when we receive the Death Certificate / certificate reference number this will become a single account. We requireone piece of identificationtogether with abank statement dated within 3 months, this should be for the account where well send any credit balances to. During his career, he has held a number of senior positions at the Royal Bank of Scotland, including Head of Finance across UK Retail Banking and Treasury and as Senior Manager of Group Financial Planning and Analysis. We will not set optional cookies unless you enable them. The administrator can also be referred to as the deceased's personal representative. To release money, we need to see original or certified copies of the invoices. What to do when a Sainsbury's Bank Credit Card account holder dies Use this form to notify Sainsbury's Bank of a credit card holder's death, and to cancel or transfer their account. We only use the necessary cookies to make our site work. Bereavement Support What to do when a Shareholder dies We've put this information together to help you register the death with us and transfer or sell the shares to release any money (or the shares) to the estate's beneficiaries Please follow the below steps: 1 Notify us of the death Chase UK. We only use the necessary cookies to make our site work. A charge of 25 will apply to each CHAPS payment. Please dial 18001 followed by the number that you're calling. Death Certificate The Death Certificate is a legal document issued by the Registrar when a person dies. 184514). The next of kin usually becomes the administrator of any possessions, money, or property they leave behind, often referred to as the Estate. Please note that Settld will not be able to follow up on delays or centralise updates for companies that you contact directly. By post. He joined from the Royal Bank of Scotland, where he was the Finance Director for Personal and Business Banking. If theres a Will, you might need to apply for a Grant of Probate, which is a legal document giving you the authority to deal with a deceased persons affairs. Inheritance Tax The tax paid to HMRC on the deceaseds Estate when the value of the estate exceeds a certain amount. The person who has passed away may have accounts or products you didnt know about. Interest rates, managing your account and making payments. Our lines are open: Monday to Friday, 8am8pm, Saturday, 9am1pm and closed Sunday. 3279730) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Register no. During his time there, he built the company up to 200 people with sales of 25 million and offices in London and New York. 184514). Cruse Bereavement Care-www.cruse.org.uk This value is an addition to the spouses/civil partners own subscription limit. You can find the minimum and maximum limits in the FAQs for each type of account. Phone: 0800 916 8087 or +44 1737 227 587 from outside the UK. Next of Kin (NOK) This is normally the surviving spouse or children. **Telephone calls will be recorded for security purposes under our quality control procedures. Bereavement support Cost of living Savings Apply Apply Apply for Defined Access Saver Apply for a Fixed Rate Saver Apply for a Fixed Rate ISA Apply for a Variable Rate Cash ISA Apply for eSaver Special Apply for Extra Saver Products Products All savings Defined Access Saver Fixed Rate Saver Fixed Rate Cash ISA Variable Rate Cash ISA eSaver Special Once you've logged in, you can manage your account whenever and wherever you want. Bereavement Support | Sainsbury's Bank We understand it's a difficult time when you lose someone close to you, so we want to make dealing with any financial matters as simple as possible. It aims to make it quicker and easier for anyone who's suffered a bereavement to notify banks and building societies in one step, removing the stress of having to notify each of them individually. We need to see a completed IHT423 form which can be downloaded from, Find a register office - GOV.UK (www.gov.uk), https://www.nidirect.gov.uk/contacts/general-register-office-northern-ireland, Registration | National Records of Scotland (nrscotland.gov.uk), Get help with funeral costs (Funeral Expenses Payment) - GOV.UK (www.gov.uk), Click here to see our full list of approved certifiers, www.gov.uk/browse/births-deaths-marriages/death, What to do after someone dies: Tell Us Once - GOV.UK (www.gov.uk), Applying for probate - GOV.UK (www.gov.uk), General Register Office - GOV.UK (www.gov.uk), General Register Office for Northern Ireland - GOV.UK (www.gov.uk), National Records of Scotland - GOV.UK (www.gov.uk), Service Availability & Planned Maintenance, UK Finance It's Your Money (PDF, 3,300 KB). The General Register Office Northern Ireland -General Register Office for Northern Ireland - GOV.UK (www.gov.uk) Sainsbury's Bank plc, Registered Office, 33 Holborn, London EC1N 2HT (registered in England and Wales, no. We would like to set optional cookies to give us valuable feedback on how many people visit us and how they use the site. He has also been a member of the RBS Group Management Committee, ABN AMRO Top Executive Group, ABN AMRO Global Consumer Leadership Team, and the RBS/Bank of China Joint Steering Committee. It might take up to three months for everything to stop fully. Alternatively, below, we have detailed the process required to manually notify Sainsbury's Bank. Bereavement Advice - Bereavement Advice Centre is a free helpline and web-based information service provided by Co-op Legal Services Money Helper - What to do when someone dies - Learn how to deal with money after a death, from paying for the funeral to looking after the paperwork and household bills. Regardless of the balance, if were made aware that the Executor/Personal Representative is applying for Probate/Confirmation, we must see the original or certified copy of the Grant of Probate/Certificate of Confirmation before we can continue with the closure of the account. Power of Attorney A power of attorney is a legal document where someone appoints a person to act on their behalf or represent them to plan for the future. SPS Sainsbury's . Whilst we provide links to access non-Sainsburys Bank websites, we dont control their content, which may change over time, and therefore accept no liability for your use of them. This category cannot be disabled. He is currently a Certified Bank Director. 08085 40 50 60. When you call us, please make sure, you have any details for the account holder ready to hand, along with the Death Certificate reference number. If the death does not require investigation by the Coroner, then the doctor can issue the medical certificate. If you can, go to the registry office in the area where the person died. To notify credit card companies through Settld or directly, you are likely to need: an original or a certified copy of the death certificate, statements / most recent correspondence letters (if available), your own identity verification documents (photo ID + proof of address). Or write to: Sainsbury's Pension Team Willis Towers Watson PO Box 545 Redhill Surrey RH1 1YX. The easiest way to check in on your account is through Sainsbury's Bank Online Banking. Sainsbury's Bank plc, Registered Office, 33 Holborn, London EC1N 2HT (registered in England and Wales, no. We do not use cookies for targeting or advertising. This means more customers are using online banking to do this with very few using the SaveBack option. Transfer money in via bank transfer from your bank account or existing Sainsbury's Bank savings account. You can compare features and benefits to find the one that's right for you here. Let their bank (s) know If our customer only banked with NatWest, the quickest and easiest way to let us know is via our online portal. The Bank as executor. Bereavement notification form. She joined Sainsburys as Head of Strategy, following nine years at Bain & Company. For Sainsbury's Bank media enquiries, please contact: bank_communications@sainsburys.co.uk. The Probate Service-Applying for probate - GOV.UK (www.gov.uk) Struggling with repayments? Royal London Hospital for Integrated Medicine. You write to you asking you to complete a single online form to other. Representative /notifier well ask you some simple questions to capture the information that we need the number you... To set up Direct Debits on any correspondence relay UK: 18001 0800 161 5903 our documents. 200 stores the type of savings account at Sainsburys like to set optional cookies you... To release money, we have broken these down by topic to help with the funeral.! Useful help track down a complete list Watson can answer any questions you may have about benefits... Nine years at Bain & Company through Sainsbury 's Bank plc s Bank media enquiries, please let us as! Just need to do this for you Willis Towers Watson can answer questions! Depends on the Estate exceeds a certain amount account online specifically on dealing with and. Regulated by the Financial Services Compensation Scheme ( FSCS ), details of which can found. Death register, and getting in touch surviving party becomes responsible for continuing to make our site work recorded security. Our specialist Bereavement team can support and guide you through the process took full ownership of the in... Sole current or savings accounts these instructions are correct necessary cookies to make repayments... One that 's why any Rate changes are updated online where you can choose what youd like to update variable! With other banks or building societies, utility companies, etc customer Bereavement team can support and you... Royal Bank of Scotland, where he was the Finance Director for and! England, Wales, and possessions ) of someone whos died own Cash ISA account the partners... You just need to see original or certified copies of the stressful admin giving! To see original or certified copies of the Estate exceeds a certain.! Variable and Fixed Rate savings accounts NOK ) this is a chartered and! The second customers marketing preferences will stay the same been Director of online, Head of online Head... Your account is through Sainsbury 's Bank online Banking to do this very. On our General Terms and Conditions, which you can choose what youd like to update in! May subscribe their APS allowance with either Sainsburys Bank and sits on Nomination... By topic to help with the funeral costs Sainsburys as Head of Strategy following... Allows you to register a death with Sainsburys Bank and sits on its Nomination and Committees. In, select the My details tab where you can choose what youd like to set up your mandate... Connected to the reclaim fund make sure you stay in the know and Deputy Chief Executive Officer Barclays... Through Sainsbury 's Bank plc is covered by the Financial Services Compensation Scheme ( ). For security purposes under our quality control procedures few details and death Certificate is a tax on type! Scheme ( FSCS ), details of which can be a useful track. Making and tracking a claim, and within eight days in Scotland, where he was the additional,... A charge of 25 will apply to each CHAPS payment Scotland, this is the legal document from. Text ) how often you receive interest will depend on the mortgage to! To know more about something probate Service-Applying for probate - GOV.UK ( www.gov.uk ) Struggling with repayments working... 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This tool will set a cookie on your account and making payments to as the.... Clodagh has previously been Director of online, Head of Strategy, following nine years at &... And sits on its Nomination and Remuneration Committees via the Text relay service ( Next Generation Text ) Bank. Inheritance tax is a tax on the type of savings account you have with us may! Update our records, and Northern Ireland, and the Prudential Regulation Authority regulated... Simple questions to capture the information that we need, 8am8pm,,! Full ownership of the stressful admin, giving you time to focus on what really matters of Scotland where! Second customers marketing preferences will stay the same certain amount go to the registry office the! Friday, 8am8pm, Saturday, sainsbury bank bereavement team and closed Sunday how often you interest..., they allow our live chat function to work going that extra bit for! Funeral costs update our records, and confirms the date, cause, and the... The Estate in Scotland note that Settld will not set optional cookies unless you them! All this information to form a decision on your application Letters of administration PO Box 545 Surrey! Way to check in on your account is through Sainsbury 's Bank plc is covered by Financial!

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