Revealed – NatWest Did Use a “Secret Turnover Formula” for Deciding Whether to Open a Feeder Account for their Personal Account Holders to Access the Bounce Back Loan Scheme
Being a delegated scheme that meant some Bounce Back Loan Lenders could bolt on their own rules when it came to allowing certain customers to open feeder accounts and business accounts to access that scheme, and that is what NatWest did. […]