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Switch (debit Card)
Switch was a debit card brand in the United Kingdom from 1988 until 2002. It was then merged with Maestro, which is owned by MasterCard. History Switch was launched in 1988 by Midland Bank, National Westminster Bank and The Royal Bank of Scotland as a multifunction cheque guarantee and cash card. This merger was referred to as the "penguin wedding," due to its advertisements of penguins in different international settings created by Joel Veitch. Since then, Switch has been out of circulation and banks migrated customers from Switch to Maestro. The deal was announced in August 2002. The merger was also intended to increase the acceptance of foreign Maestro cards in the United Kingdom. This change also led to the discontinuation of Solo debit cards. Switch/Maestro cards issued by certain banks carried an issue number on the bottom of the card corresponding to the number of times a card had been issued on a particular account. This was usually because the current account n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debit Card
A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists of the bank's name, a card number, the cardholder's name, and an expiration date, on either the front or the back. Many new cards now have a chip on them, which allows people to use their card by touch (contactless), or by inserting the card and keying in a PIN as with swiping the magnetic stripe. Debit cards are similar to a credit card, but the money for the purchase must be in the cardholder's bank account at the time of the purchase and is immediately transferred directly from that account to the merchant's account to pay for the purchase. Some debit cards carry a Stored-value card, stored value with which a payment is made (prepaid cards), but most relay a message to the cardholder's bank to withdraw funds from the cardholder's designated bank account. In some cases, the payment card number is assigned exclusively for use on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Visa Debit
Visa Debit is a brand of debit card issued by Visa in many countries. Numerous banks and financial institutions issue Visa Debit cards to their customers for access to their bank accounts. In many countries the Visa Debit functionality is often incorporated on the same plastic card that allows access to ATM and any domestic networks like EFTPOS or Interac. Usage In many countries the Visa Debit functionality has been added to payment cards, to allow customers to use the card for payments on the internet, point of sale transactions and access to ATMs. Australia Bendigo Bank issued the first Visa Debit card in 1982, more than two decades before Debit Mastercard, or widespread Visa Debit use in Australia. Today it is in wide issuance, and domestically switches over local networks, though for new banks, connection to Visa is permitted. Canada In Canada, virtually all domestic debit card transactions are processed over the Interac network, though several financial institutions ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1988 Establishments In The United Kingdom
1988 was a crucial year in the early history of the Internet—it was the year of the first well-known computer virus, the 1988 Internet worm. The first permanent intercontinental Internet link was made between the United States (National Science Foundation Network) and Europe (Nordunet) as well as the first Internet-based chat protocol, Internet Relay Chat. The concept of the World Wide Web was first discussed at CERN in 1988. The Soviet Union began its major deconstructing towards a mixed economy at the beginning of 1988 and began its gradual dissolution. The Iron Curtain began to disintegrate in 1988 as Hungary began allowing freer travel to the Western world. The first extrasolar planet, Gamma Cephei Ab (confirmed in 2003), was detected this year and the World Health Organization began its mission to eradicate polio. Global warming also began to emerge as a more significant concern, with climate scientist James Hansen testifying before the U.S. Senate on the issue. E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debit Cards
A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists of the bank's name, a card number, the cardholder's name, and an expiration date, on either the front or the back. Many new cards now have a chip on them, which allows people to use their card by touch (contactless), or by inserting the card and keying in a PIN as with swiping the magnetic stripe. Debit cards are similar to a credit card, but the money for the purchase must be in the cardholder's bank account at the time of the purchase and is immediately transferred directly from that account to the merchant's account to pay for the purchase. Some debit cards carry a Stored-value card, stored value with which a payment is made (prepaid cards), but most relay a message to the cardholder's bank to withdraw funds from the cardholder's designated bank account. In some cases, the payment card number is assigned exclusively for use on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ulster Bank
Ulster Bank is one of the traditional Big Four Irish clearing banks. The Ulster Bank Group was subdivided into two separate legal entities: National Westminster Bank Plc, trading as Ulster Bank (registered in England and Wales and operating in Northern Ireland); and, until April 2023, Ulster Bank Ireland DAC (registered in the Republic of Ireland). Prior to the closure of Ulster Bank in the Republic of Ireland in April 2023, the headquarters of Ulster Bank in the Republic of Ireland were located on George's Quay, Dublin, whilst the headquarters of Ulster Bank Northern Ireland are in Donegall Square East, Belfast, and it maintains a large sector of the financial services in both the UK and the Republic of Ireland. Established in 1836, Ulster Bank was acquired by the London County and Westminster Bank in 1917. As a wholly-owned subsidiary of National Westminster Bank (NatWest), it became part of the Royal Bank of Scotland Group in 2000. RBS Group was renamed NatWest Group i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coutts
Coutts & Co. () is a British private bank and wealth manager headquartered in London, England. Founded in 1692, it is the eighth oldest bank in the world. Today, Coutts forms part of NatWest Group's wealth management division. In the Channel Islands and the Isle of Man, Coutts Crown Dependencies operates as a trading name of The Royal Bank of Scotland International Limited. In 2021, Coutts achieved B-Corp status, becoming only the third UK bank to achieve the certification. History In 1692, a young Scots goldsmith-banker named John Campbell of Lundie, Scotland, formed the bank originally as a goldsmith-banker's shop. Lundie opened the new business in the Strand, London, under a sign of the Three Crowns, as was customary in the days before street numbers. Today, the Coutts logo still has the three crowns, and its headquarters is still on the Strand. Campbell died in 1712, leaving the business to members of his family. The dominant force was Campbell's son in law, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NatWest
National Westminster Bank, trading as NatWest, is a major Retail banking, retail and commercial bank in the United Kingdom based in London, England. It was established in 1968 by the Corporate merger, merger of National Provincial Bank and Westminster Bank. In 2000, it became part of The Royal Bank of Scotland Group, which was re-named NatWest Group in 2020. Following ringfencing of the group's core domestic business, the bank became a direct subsidiary of NatWest Holdings; NatWest Markets comprises the non-ringfenced investment banking arm. NatWest International is a trading name of RBS International, which also sits outside the ringfence. Between 2008 and 2025, the UK government held a stake in NatWest Group following its £45 billion ($61.87 billion) bailout of the lender which led to it owning 84 per cent at one point. The bank returned to full private ownership on 30 May 2025 after 17 years. NatWest is considered one of the Big Four (banking)#United Kingdom, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Bank Of Scotland
The Royal Bank of Scotland Public Limited Company () is a major retail banking, retail and commercial bank in Scotland. It is one of the retail banking subsidiaries of NatWest Group, together with NatWest and Ulster Bank. The Royal Bank of Scotland has around 700 branches, mainly in Scotland, though there are branches in many larger towns and cities throughout England and Wales. The bank is completely separate from the fellow Edinburgh-based bank, the Bank of Scotland, which pre-dates the Royal Bank by 32 years. The Royal Bank of Scotland was established to provide a bank with strong House of Hanover, Hanoverian and Whigs (British political party), Whig ties. Following ringfencing of the Group's core domestic business, the bank became a direct subsidiary of NatWest Holdings in 2019. NatWest Markets comprises the Group's investment banking arm. To give it legal form, the former RBS entity was renamed NatWest Markets in 2018; at the same time Adam and Company (which held a separa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NatWest Group
NatWest Group plc is a British banking and insurance holding company, based in Edinburgh, Scotland. The group operates a wide variety of banking brands offering personal and business banking, private banking, investment banking, insurance and corporate finance. In the United Kingdom, its main subsidiary companies are National Westminster Bank, Royal Bank of Scotland, NatWest Markets and Coutts. The group issues Banknotes of the pound sterling, banknotes in Scotland and Northern Ireland. Before the 2008 financial crisis, NatWest was very briefly the largest bank in the world, and for a period was the second-largest bank in the UK and Europe and the fifth-largest in the world by market capitalisation. Subsequently, with a slumping share price and major loss of confidence, the bank fell sharply in the rankings, although in 2009 it was briefly the world's largest company by both assets (£1.9 trillion) and liabilities (£1.8 trillion). The bank was bailed out by the UK government ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debit Mastercard
Debit Mastercard is a brand of debit cards provided by Mastercard. They use the same systems as standard Mastercard credit cards but they do not use a line of credit to the customer, instead relying on funds that the customer has in their bank account. Availability Algeria Several banks offer Credit and Debit Mastercard in Algeria (Algeria Gulf Bank, Banque de Développement Local, Crédit Populaire Agricole). Argentina In 2011, Banco de Córdoba started offering Debit Mastercard to its clients, as a direct competitor to the Visa Débito card. However, this would not be a direct replacement of all Maestro cards in the Argentine market, since it will be analyzed with each bank. Australia In Australia, the Debit Mastercard is the main competitor to the Visa Debit cards provided by Visa Inc. The Debit Mastercard was first launched in Australia by Westpac in 2006 as an alternative card for the bank's Cirrus cardholders. Baltic states Swedbank has offered D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Australia Bank
National Australia Bank Limited (abbreviated NAB, branded and stylised as nab) is one of the four largest Banking in Australia, financial institutions in Australia (colloquially referred to as "Big Four (banking), The Big Four") in terms of market capitalisation, earnings and customers. NAB was ranked the world's 21st-largest bank measured by market capitalisation and 52nd-List of largest banks, largest bank in the world as measured by total assets in 2019. , NAB operated 3,500 Bank@Post locations—including 7,000+ ATMs across Australia, New Zealand, and Asia—and served 9 million customers. NAB has an "AA−" long-term issuer rating by Standard & Poor's. History 1982–1999 National Australia Bank was formed as National Commercial Banking Corporation of Australia Limited in 1982 by the merger of National Bank of Australia, National Bank of Australasia and the Commercial Banking Company of Sydney. The resulting company was subsequently renamed National Australia Bank Limite ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yorkshire Bank
Yorkshire Bank was a trading name used by Clydesdale Bank plc for its retail banking operations in England. The Yorkshire Bank was founded in 1859 as the West Riding of Yorkshire Provident Society and Penny Savings Society but the Provident Society was soon abandoned and the Bank then traded as the ''West Riding of Yorkshire Penny Savings Bank''. After further abbreviations, its present name was adopted in 1959. The Bank's model was unique in that it directly owned an extensive network of penny banks, remitting funds into a Central Office. By the late nineteenth century, it was larger than any of the Trustee Savings Banks. However, the Bank faced a potential withdrawal of savings in 1911 and was acquired by a consortium of clearing banks. The Bank was acquired by National Australia Bank (NAB) in 1990 and was merged into another NAB subsidiary, Clydesdale Bank in 2005, continuing to operate as a distinct trading division. In 2016 NAB divested its UK operations as CYBG plc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
