Campaign group Move Your Money has launched a crowdfunding campaign to fund its battle with the high street banks.
From September, new rules come into effect meaning that banks must take no longer than seven working days when switching customers’ accounts. This is widely viewed as good news for the alternative sector.
Move Your Money is asking the public to help fund its ‘guerilla war’ against the big banks’ marketing drive. The funding drive, launched on crowdfunding site BuzzBnk, will pay for billboards, campaigns and a new switching service, dedicated to helping customers get into socially responsible banking.
Scandals such as Libor and the mis-selling of payment protection insurance have boosted the popularity of ethical and sustainable alternatives, and Move Your Money expects this trend to continue.
A study by YouGov suggested that as many as 14 million people would ditch their providers if they thought the process was simple. In 2012 alone, over 2 million customers moved their money away from one of the big five banks: Barclays, HSBC, Lloyds TSB, the Royal Bank of Scotland (and Natwest) and Santander.
Laura Willoughby, chief executive of Move Your Money, said, “These changes will put power back into the hands of customers. But there is no point moving out of the frying pan and into the fire. We need to move our money out of the big banks and into one of over 40 more socially responsible providers in the UK.
“This is a window of opportunity to show politicians and bankers that we will no longer put up with five big banks strangling our economy and poisoning our politics.”
To find out more about Move Your Money’s crowdfunding campaign, click here.
Like our Facebook Page
Eco-Friendly Decisions That Will Enhance Your Quality of Life
List of Fantastic Places for Green Consumers to Settle in South Carolina
6 Amazing Eco-Friendly Bedroom Design Ideas for Sustainable Homeowners
5 Great Ways to be a More Environmentally-Friendly Cannabis User
Amazing Approaches to Cycling for Promoting a Greener Lifestyle
Understanding The True Environmental Impact of Dentistry
Incredibly Important Benefits of Effective Ethically Made Anti-Virus Face Masks
Best Natural and Eco-Friendly Ways to Treat Dog Ailments
Green Entrepreneurs Find Creative Ways to Balance Ethical Goals with their Retirement Objectives
The Surprising Environmental Benefits of Using an Organic Mattress
From Store to Door with Minimal Impact: How Companies Are Eco-Friendly Innovators
A Guide to Investing In Renewable Energy Stocks in 2021
Creative Ideas to Practice Eco-friendlier Consumerism
Hawkers Launch a Truly Innovative Eco-Friendly Sunglass Line
Everything You Need to Know Before You Start Using Renewable Energy in 2021
The Curtis Institute of Music Makes Facilities More Energy Efficient
What Can Ecotourists Learn from Visiting Chernobyl?
5 Essentials for Promising Eco-Friendly Businesses to Thrive in a New Economy
Charity Organizations Who Are Taking Steps to Become More Environmentally Friendly
Mastering the Art of Trading Bitcoins Profitably and Sustainably
- Editors Choice12 months ago
10 Green Companies With Amazing Environmental Initiatives
- Features12 months ago
5 Sustainable Home Improvement Ideas To Improve Your Home’s Value
- Energy12 months ago
10 Amazing Energy Saving Hacks for Spring
- Invest11 months ago
4 Super Simple Solutions To Create The Perfect Eco-Friendly Home