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Contact: Karen Luck  01622 602743

No. Item


Banking Arrangements pdf icon PDF 67 KB


That the following be agreed:


  a)  The Director of Regeneration & Communities write to the National Westminster Bank confirming the Council’s intention to terminate its banking arrangements by 1st April 2012 and requesting deferral of the proposed divestment.


  b)  The Head of Finance & Customer Services commences a tendering exercise to select an appropriate alternative banker that meets the Council’s specification.


  c)  Officers report back to me if the response from the National Westminster Bank is not favourable to the course of action outlined in the urgent report of the Head of Finance and Customer Service.