Important message
Notice to all Northern Rock (Guernsey) Limited Customers.
On 2 September Northern Rock (Guernsey) Limited closed following a decision by the Board of Northern Rock plc, the parent company of Northern Rock (Guernsey) Limited. This closure followed an extensive mailing campaign during which we wrote to you on
2 June 2010, and again on 2 July and 2 August 2010, asking you to close your account(s).
The interest rate on all accounts reduced to 0.05% gross per annum/AER with effect from midnight on 2 September 2010. Your interest payment date will remain the same and the rate of interest will be fixed.
Our records indicate that we have still not received closure instructions from a small number of customers.
It is the intention to shortly appoint a third party (the 'Liquidator') and place Northern Rock (Guernsey) Limited into solvent voluntary liquidation after making all reasonable efforts to trace those customers and return deposits remaining at 2 September 2010. Following the appointment of the Liquidator customers will no longer be able to deal with the bank. Customers who have not previously replied to our extensive mailing campaign are strongly advised to make contact with us immediately.
Northern Rock (Guernsey) Limited, PO Box 521, St Peter Port, Guernsey, Channel Islands, GY1 6EQ. Telephone: (+44) (0) 1481 714600.
For further information, please click the link below for Frequently Asked Questions in relation to the closure of your particular account.
frequently asked questionsA wholly owned subsidiary of Northern Rock plc, Northern Rock (Guernsey) Limited was launched in February 1996.
Northern Rock plc has voluntarily given a legal undertaking agreeing to discharge the liabilities of Northern Rock (Guernsey) Limited in so far as Northern Rock (Guernsey) Limited is unable to discharge them out of its own assets and while Northern Rock (Guernsey) Limited remains a subsidiary of Northern Rock plc.
Deposits made with Northern Rock (Guernsey) Limited are not covered by the Financial Services Compensation Scheme under the UK Financial Services and Markets Act 2000.
If you have any special requirements and require information in an alternative format please contact us on (01481) 714 600.
You are responsible for declaring any interest earned to your tax authority. If you are a EU resident you are responsible for choosing whether you want your interest to be subject to retention tax or exchange of information.
Northern Rock (Guernsey) Limited is licensed under The Banking Supervision (Bailiwick of Guernsey) Law, 1994 as amended.
Registered address and principal place of business. Regency Court, Glategny Esplanade, St. Peter Port, Guernsey GY1 1WW. Registered in Guernsey No.30224.
© Northern Rock (Guernsey) Limited 2010