We are making some changes to the services we offer through Online Banking. To understand how they might affect you, please read the overview of the changes to your Online Banking agreement below.
The updated agreement will come into effect from 13 January 2018, but some of the new services we’re offering may be available earlier. If you use any new services before this date, the relevant terms in the revised Online Banking agreement (PDF) will apply.
From 30 October 2017, banks will begin to introduce a new way to pay cheques in called the Image Clearing System. This system will allow banks to clear a digital image of a cheque rather than the original paper cheque. The Image Clearing System will be introduced gradually and will operate alongside the existing paper cheque clearing system.
Information about how to use our new service can be found in the Online Banking agreement and you can find the different dates for each clearing system in your Account conditions.
We are introducing new features to our Mobile Banking app that will give you added control over how and where your card can be used. A range of different card freezes may be introduced over time.
If you have a Basic Account, you will now be able to register for Cashback Extras. This means that you can earn up to 15% cashback when you shop at participating retailers with either your Halifax debit card, credit card (if you are the main cardholder), or set up a Direct Debit in line with the offer conditions. Merchant offers and cashback amounts vary and must be activated through Online Banking for use on your next purchase.
You can choose to allow a Third Party Provider (TPP) to access information on your account and to make payments for you from your account, provided the TPP is authorised by the FCA or another European regulator and you give your explicit consent. If you are thinking of using a TPP, you will be able to check with the regulator whether it is authorised before you use it.
We will make changes to our Account conditions and Internet Banking agreement to allow for access by TPPs, and to make clear which account types are eligible for TPP access and when we can refuse access. We will also take into account any guidance from our regulator.
These changes will not affect restricted savings accounts or customers who do not use TPPs.
If you have a personal current account and you’ve registered your mobile phone number with us, we let you know in August 2017 that we will automatically send alerts to help you keep on top of your money. We also told you these new alerts will take effect from 2 November 2017 and would replace any existing alerts, such as balance alerts, you may have chosen to receive as part of our optional Text Alert service. Our new mobile alerts will let you know when you are less than £50 from your limit and when daily arranged overdraft charges are being applied. We may also send you other alerts, for example if a standing order is not made.
We are making some minor changes to the paperless statements and correspondence section to make them easier to understand.
We are making some minor changes to the security section about our processes and controls.