What’s not changing
We’re keeping it simple
We’re doing everything we can to make this transition as smooth as possible for you. We’ll keep you updated and let you know if there’s anything you need to do.
Banking the way you’re used to
The majority of customers will continue to have access to the same products and services they have now and be able to keep banking the way they’re used to – online, using our Barclays Mobile Banking app, over the phone and in-branch.
Your terms and conditions
Besides the name of the legal entity changing for customers moving to our ring-fenced entity, we expect the terms and conditions will stay the same for most of our products and services. If we do change anything, we’ll be in touch to let you know.
Depositor Protection Scheme
If your money is eligible for protection today under the UK FSCS Depositor Protection Scheme, ring-fencing won’t change that.
For our suppliers
Barclays’ suppliers and landlords play a critical role in enabling us to deliver services to our customers and operate effectively as a bank. This will continue to be the case in Barclays future ring-fenced structure. We will be in contact with our suppliers to provide further information about what Barclays ring-fencing will involve for them.
Where to go for more information
We’ll continue to update this page with more information on our plans, and what they mean for you.
The Financial Conduct Authority (FCA) has also published their own site explaining more about ring-fencing.