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Set up a Direct Debit for a duty deferment account on the Customs Declaration Service Find out how to set up a Direct Debit with your bank or building society if you’ve applied for a duty deferment account. From: Before you start You need to get access to the Customs Declaration Service and then set up a Direct Debit arrangement with your bank or building society, if you’ve already applied for a duty deferment account. If you’re using both the Customs Declaration Service and the Customs Handling of Import and Export Freight ( CHIEF) system, you will need to set up 2 separate Direct...

Subscriptions are shaping the payments landscape as we know it  Published 3 months ago Nick Raper, Head of UK at Nuapay  Subscriptions are a rapidly increasing trend in today’s payments landscape, particularly since the pandemic began restricting consumers’ access to physical stores. Nuapay’s clients are testament to this, with some video streaming services using Nuapay’s payment solutions seeing a 25% jump in subscriptions in March 2020 alone. Subscriptions provide a method of receiving services or products at a specified rate and according to personal preferences, and were alread...

A whole host of cuts to interest rates on savings - and current - accounts have been seen this year. However, there are still a number of banks and building societies offering current account holders the opportunity to earn more than one percent AER on portions of their money. The Lloyds Bank Current Account, Club Lloyds, offers variable credit interest. This account has no monthly fee for maintaining the account if the person pays in £1,500 each month. Lloyds Bank customers may be able to earn interest via their current account (Image: GETTY) Those who pay in less than £1,500 would need to...

Christmas is a time of joy and happiness and although it will feel a little different this year, it can still weigh on your bank balance. The cost of the festive period can soon mount up with gifts, turkey and all the trimmings but it may be tougher this year due to the financial pressures of the pandemic. Everyone is also spending more time indoors, putting pressure on our heating bills and food shopping. Lloyds Bank explains how you can manage your finances this winter and be ready for the new year...  Christmas will be a little different this year but this time of year can still weigh on...