NatWest paves the way for introduction of negative interest rates
A major high street bank has paved the way for the introduction of negative interest rates for the first time in Britain by warning customers it may have to charge them to accept deposits.
The warning by NatWest was made in a letter changing the terms and conditions for the bank’s 850,000 business customers, which range from self-employed traders, charities and clubs to big corporations.
Read more: NatWest paves the way for introduction of negative interest rates
Leave a Reply