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Money Box

MBL: Personal Banking and the Pandemic

Money Box

BBC

Business

4.2804 Ratings

🗓️ 5 May 2021

⏱️ 33 minutes

🧾️ Download transcript

Summary

The Covid-19 pandemic has placed a huge amount of pressure on banks and customers alike. How have you - and your bank or building society - adapted? Felicity Hannah and guests explore how the Covid-19 pandemic has reshaped the way we manage our money and whether those changes are here to stay.

E-mail [email protected] with your personal banking stories, questions and experiences.

Have you changed your banking habits? Has your access to support, products or services altered? What is your bank or building society doing well and what could be done better?

Joining Felicity are: - Julie Ann Haines, CEO Principality Building Society - Alex Neill, CEO of Resolver complaints website - James Daley, consumer campaigner and founder of Fairer Finance

Presenter: Felicity Hannah Producers: Smita Patel and Diane Richardson Editor: Alex Lewis

Transcript

Click on a timestamp to play from that location

0:00.0

You're about to listen to a BBC podcast, but this is about something else you might enjoy.

0:05.4

My name's Katie Lecky and I'm an assistant commissioner for on demand music on BBC Sounds.

0:10.8

The BBC has an incredible musical heritage and culture and as a music lover, I love being part of that.

0:17.5

With music on sounds, we offer collections and mixes for everything, from workouts to

0:22.4

helping you nod off, boogie in your kitchen, or even just a moment of calm. And they're all put

0:28.3

together by people who know their stuff. So if you want some expertly curated music in your life,

0:35.0

check out BBC Sounds. BBC Sounds, music, radio podcasts. Welcome to the

0:42.4

download of Moneybox Live, the program about your money. And today it's about your banks. Banking in

0:47.6

the pandemic has been like everything else in the pandemic, quite different. Our habits have

0:51.8

changed, including the way we access and manage our money.

0:54.7

And the banks and building societies themselves have changed as well, not just with screens and

0:59.2

face masks, but the products and services they offer too. Today on Moneybox Live, we've been asking

1:04.1

how COVID-19 has transformed the way you use your bank or your building society, how your habits

1:09.6

have changed and whether your provider

1:10.9

has given you the support you need in a difficult year. Let's go straight to a call. Stacey is on the

1:15.7

line calling from Glasgow. Hi there. So your local branch has cut its opening hours, hasn't it? How has that

1:21.5

affected you? It has. It's been very difficult. I've been working from home since last March.

1:27.4

And like many other people, north of the border, our restrictions have been. It has. It's been very difficult. I've been working from home since last March.

1:35.7

And like many other people, north of the border, our restrictions have been a bit later than other places across the UK in being lifted.

1:43.5

So the hours have changed at our branches. I had recently changed my main banking provider.

1:45.0

I worked in the city centre.

1:46.5

There was a branch along the road.

...

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