Cynergy Bank

Financial Chat
1

I was looking around at different Current Accounts and came across this bank called “Cynergy Bank”. Looking into it they seem to be a bank based in Crypus but with a branch here in the UK.

They do offer Current Accounts protected by FSCS. So I mean it’s a proper current account.

Looking into the eligibility and stuff I don’t really see anything stopping anyone from getting it. (I assume their is a credit check thou).

But I have found that in their “Identification Requirements” it says that you need to have documents certified by a “Current UK Bank, Solicitor, Accountant or Post Office”. (Screenshot below)

image
image926×881 67.1 KB

Personally I have never seen this while applying for a UK Current Account.

I have attached a link to the Website both with for the Current Account page and also the “Identification Requirements” page.

https://www.cynergybank.co.uk/personal/current-accounts/

https://www.cynergybank.co.uk/personal/identification-requirements/

Some help understand all of this would be amazing!

2

It says only on request, because ordinarily they will use the standard online verification process, so if you’ve been verified by that mechanism before, I don’t think you need worry about the alternative verification methods.

Even if that happened, the Post Office do this for £12.75:

4

You have Handelsbanken?

6

Ohhhh i’m tempted now!

(joking)

8

I did once see a Handelsbanken business debit card in my boss’s hand. It wasn’t that exciting :rofl:

1 Like
9

There’s a Handelsbanken branch in Wrexham I walk past most days, nobody goes in, nobody comes out :sweat_smile:

Is more just an office.

1 Like
11

No, I moved home in December

15

You already been suspended?

1 Like
17

I opened a Cynergy ISA when it had a market leading rate. I can promise you the experience is like no other (unless you are living in 2006 still)

  • No mobile banking, just an app that scans special QR codes for 2FA
  • Internet banking looks worse than Cater Allen, I’m surprised it doesn’t need Flash player to work
  • Transfers are not instant, often 1 working day+
  • Very limited Open Banking support so good luck connecting to your budgeting tools

On the up side, their customer support (once you’re actually a customer) is okay with response times.

1 Like