Challenger bank and Payor: Difference between pages

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A relatively small, sometimes newer, retail bank which competes with larger, often older banks.
The party that issues a cheque.
 
Challenger banks would tend to service smaller corporate clients, if any, rather than larger ones.
 
 
In the UK, challenger banks include the following banks which wrote to the Competition and Markets Authority (CMA) in 2016 about the UK corporation tax bank surcharge and bank levy:
*Aldermore Bank
*Charter Savings Bank
*Close Brothers
*Hampden & Co.
*Metro Bank
*One Savings Bank
*Paragon Bank
*Secure Trust Bank
*Shawbrook Bank
*Tesco Bank




== See also ==
== See also ==
* [[Bank]]
* [[Cheque]]
* [[UK Bank Levy]]
* [[Payments and payment systems]]
* [[Big 4]]
* [[Central bank]]
* [[Commercial banks]]
* [[Competition & Markets Authority]]
* [[Disruptor]]
* [[DTLB]]
* [[HSBC]]
* [[ICB]]
* [[Independent Commission on Banking]]
* [[Retail]]
* [[Ring fence]]
* [[Shadow banking]]
* [[SME]]

Revision as of 19:48, 12 April 2016

The party that issues a cheque.


See also