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A major UK bank is closing ALL bank accounts in December. NatWest is taking on 1.8million customers from Sainsbury's bank with all accounts closing and switching by December.

NatWest bought the main banking business of Sainsbury’s as the supermarket chain withdraws from the sector in order to focus on food.

Sainsbury’s Bank sold off its credit cards, loans, savings products and customers to NatWest. Since then 1.8million Sainsbury’s Bank customers have been gradually moved onto NatWest systems. Credit card customers were moved to NatWest on October 3, while loan customers were moved on October 31.

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Savings account customers are the only ones who have not yet made the move to NatWest as yet. By Dece

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