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Nationwide Building Society is the largest retail bank in the United Kingdom (by number of branches), [2] and the world's largest building society, serving over 16 million members. [3] It operates as a British mutual financial institution, meaning it is owned by and run for the benefit of its members.
Nationwide Building Society: £175 for switching . A building society rather than a bank but the same premise applies for Nationwide, who are also offering £175 to move to their current account.
A high street building society branch, in Banbury. A building society is a financial institution owned by its members as a mutual organization, which offers banking and related financial services, especially savings and mortgage lending.
The Co-operative Permanent Building Society was a mutual building society, providing mortgages and savings accounts to its members. Its head office was located at New Oxford House in London . [ 1 ] In 1970, it was renamed the Nationwide Building Society .
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Sort codes are the domestic bank codes used to route money transfers between financial institutions in the United Kingdom, and formerly in the Republic of Ireland. They are six-digit hierarchical numerical addresses that specify clearing banks, clearing systems, regions, large financial institutions, groups of financial institutions and ultimately resolve to individual branches.
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Nationwide International was a branch of Nationwide Building Society, based in Douglas on the Isle of Man and licensed in the Isle of Man by the Isle of Man Financial Services Authority. [1] It provided a range of offshore savings accounts denominated in euro , pound sterling and US dollar .