Date-stamp loading
Version date: 2 February 2017 - onwards

Part 9 - Tool offering indicative price quotes and eligibility indicator (paras. 109-116)

109. In the interests of consistency, in Parts 9 and 10 of the Order, we have changed all references to comparison ‘sites’ to comparison ‘tools’.

110. Article 33 requires RBSG, LBG, Barclays and HSBCG to offer a tool in a Prominent location on their websites to enable SMEs to obtain an indicative price quote and indication of their eligibility. As stated in our Final Report (paragraph 16.48) we would remind Providers that whilst we have set out the minimum scope for the tools (coverage of product type and size), we note that Providers developing tools would be free to refine their tools to include a wider range of products and that other banks would also be free to develop tools should they wish to do so. As defined in Part 1, for the purpose of Part 9, Article 33.1, Prominent means that the link to the price and eligibility tool must be no more than one click away from the business banking homepage or on the product or related pages for BCAs, standard tariff Unsecured Business

Comparing proposed amendment...