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Why are you Moving Your Money?

James
Want to know my money is helping make the world a better place.
Hannah
I've been with this bank my whole life, but loyalty counts for nothing in this industry so after 25+ years of crippling fees, charges, and draconian Ts&Cs, I am going to move to an ethical bank.
ira
DANIEL
DISGUSTED AT THE POWER THE BANKERS GIVE THEMSELVES AND OUR GOV DOESN'T DO A THING TO STOP THEM. ASHAMED TO BE ENGLISH.
REZA
For CASH and TRANSFER in to IRAN my bank account.
J.
I am appalled by the culture of greed evinced by the corporate banking sector, which rewards itself excessively regardless of success (or more recently) failure, which exploits its customers ruthlessly for its own benefit, and which ultimately appears to have abdicated all sense of social responsibility. The LIBOR scandal at Barclays is the last straw. I cannot in good conscience continue to provide this industry with my business.
A.
I care about what impact my money is having, so want its use to reflect my values. I dislike lack of transparency.
Lee
Why should bankers receive million pound bonuses while we suffer.
Anne-Marie
I object to paying for bank bonuses rewarding corrupt behaviour including money laundering and mis-selling, and perpetuating the lack of any service ethos for customers and the community.
Carrie
We are NOT all in this together.
Gillian
Because HSBC has behaved in a criminal manner and I believe retail and investment banking should be separated.
Sarah
tar sands, tax avoidance
Xander
Never had any problems with Lloyds until I read about their ethical ratings, policies and investements. I'm certainly not a billionaire, but I want what I do have to be invested ethically and responsibly with better outcomes for the environment and earth that we all share. In the words of another problematic institution "Every little helps". Thoroughly recommend switching.
Mark
Fed up with the constant greed and scandals: £7bn gross profit, £1.4m bonus scheme, 2008 financial recession, mis-selling, libor rate fixing and, and, and.....
Jim
Ethical reasons
Britta
I have moved my money because I am livid and disgusted with the way bankers are using and abusing my money (and everybody elses) for their own profits and not for the benefit of people or the world. I live an ethical life and I want my money to be used in an ethical way. I am horrified (though not surprised) that the politicians colude with the banks. Instead of using the power they gained when bailing out RSB they decided to let them get on with it as usual. The only power left to me here to influence the way my money gets used when I bank it, was that of the power of consumer choice - and I make full use of it!
Sue
Need you ask??
Claudia
To decrease support for unscrupulous mainstream banks.
Saskia
HSBC has been involved in tax avoidance and human rights abuses. Its environmental practice has also been very poor. As a consumer, my decisions about where to shop and what to buy are based on my ethical values, there seems to be no good reason why my choice of who to bank with should be any different.
Emma
Because something is very badly wrong. It's up to individuals to fix but they can only do it if they work together.
Steve
Another bonus to the CEO despite ongoing losses. I've had enough of funding this nonsense.
MitaThartyhal
spadfbsdfl bldfln mlsfgmnl mflgnm blog lfmnl mlfdg lmflgn fg n http://sc.blogs.com
Isobel
I am very unhappy with NatWest's investments and unethical dealings.
j
Phil
Fed up of supporting thieves
Elizabeth
Not happy with banks, lousy customer service, perfer building societies.
Simon
The high wages paid are immoral and bad for society. The corruption and LIBOR fixing makes me sick. Their customer service also sucks.
Natasha
I want to support more ethically minded banks and building societies that care about people and the environment and are not greedy for profits!
Alfred
because those filthy bankers don't deserve to get rich on my back. Decentralized peer to peer currencies controlled by the people are the future.
Amy
Really sickened that the mess created by banks is being cleared up by the general public, yet there have been no changes made to the system, and no retribution meted to those responsible. For me, the Libor scandal was the final straw. Really angry, and this seems to be the only thing I can really do to redress the balance.
tara
Because the culture and ethics of the big five banks do not match my own.
James
I am supporting The Peoples Bank UK and have Pledged to move my accounts to them when thry are up and running. They are completely different' No Bonuses, etc, Investing in things that matter
Niall
I'm just sick of the banks ruining people's lives while they rake in the bonuses, it's disgusting now.
amber
because i do not want to support the current unethical banking system
Jerry
I dont want to be complicit any more in unscrupulous investments by banks like Barclays into arms trade and other dodgy investment destinations.
longchamp
I understand everybody will certainly hate on them, but I don't even think they seem so awful. Plus, at minimum the head pads happen to be oval shape not the annoying uncomfortable group of friends shape you decide on on a considerable amount of over-ear earbuds.
j
Because of the bonuses the employees recieved when they didn't deserve it, and because they are laughing at us and taking advantage
Georgia
I want to stop supporting unethical banks and start investing in banks that support environmental and humanitarian projects and good causes in general.
Joe
To encourage the banks to change for the good
Carl
I do not trust my bank
Louise
Putting my savings to a better, more ethical use
Susan
Sick of the big banks' behaviour.
Jerry
I dont want to be complicit any more in unscrupulous investments by banks like Barclays into arms trade and other dodgy investment destinations.
Jessie
I want to give something back to my community.
Sarah
Questionable banking ethics and excessive bonuses.
Angus
Do not want to support the FED or the Banksters they employ.
Becki
I don't want my money to be used for actions to which I am ethically opposed. I also want my money to be all in one place, and the interest rates are good.
Verity
I don't want my money supporting the unethical practices of Barclays
Sue
Need you ask??
Diana
HSBC's record of money-laundering for "drug kingpins and rogue nations" and the ongoing investigation into HSBC's involvement into the Libor fixing scandal. Lady Justice (US) is clearly not blind, just shortsighted - HSBC are guilty yet unaccountable to the rule of law, being so.. big enough for Lady Justice to see them wink at her. I want no part of it, whatever pittance bribes (good interest rates, loans, complimentary shoe-shines) they offer.

Using consumer power to build a better banking system

1 Choose your new and better provider.

Find out about the great range of local, mutual and ethical alternatives in the UK.

Where Can I Move My Money To?

2 Move Your Money

It’s much easier than you think. There are some tips here, but it’s pretty straight forward. Make sure you tell us about it!

Tell us about your switch

3 Tell everyone

The more people that move, the bigger impact we have.  Make sure to tell all your friends and family why you’ve moved, and encourage them to move too.

Make sure to tell your MP as well. Get them to take action as part of the Banking Reform Bill.

Tell others about your switch

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