Which banks are linked to Ford Money?
Ford Money is a trading style of FCE Bank plc.
('Ford Money' is a trading style of FCE Bank plc) Our Sort Code: 20-32-53 (We use Barclays as our clearing bank)
Ford Money is a trading name of FCE Bank plc which is regulated by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).
Absa has a joint venture with automaker Ford SA's financing solutions arm, Ford Credit. Through the partnership, the bank offers credit solutions to customers buying Ford vehicles.
About Ford Money
As part of Ford Credit Europe (licensed as FCE Bank plc), Ford Money is a new savings provider in the UK. FCE is a registered bank in the UK, authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and PRA to accept deposits.
Ford Money is part of FCE Bank, which is fully authorised and regulated by the Financial Conduct Authority. This means customers' savings are protected under the Financial Service Compensation Scheme.
| Acquisition Date | Company Name | Founded Year |
|---|---|---|
| Nov 02, 2023 | AMP | 2017 |
| Jun 17, 2021 | Electriphi | 2018 |
| Jul 31, 2019 | Journey Holding | 2018 |
Ford Money are an online savings provider, offering a range of fair and consistent savings products in the UK, each designed to help make your money go further. Ford Money launched in April 2017, with an aim to offer easy-to-open and manage saving products and excellent customer service.
The UAW eventually won the right to organize the workers at Ford Motor Company. The first contract was signed in 1941.
Even if you think you may use dealer financing, starting with preapproval from a bank helps you squeeze the most out of your auto loan. Banks are often able to offer more competitive interest rates than dealerships and don't need to mark up their rates to turn a profit.
Who does Capital One pull credit from?
Which Credit Bureau Does Capital One Use? Capital One appears to pull from any of the three major credit bureaus: Experian, Equifax and TransUnion. Though all evidence is limited to anecdotal data, Capital One does seem to rely on specific bureaus in some states, though this is not a guarantee.
Merits of The Ford Credit Card
Low monthly payments. Extended special plans for interest financing. The application process is simple. All participating Ford Dealers accept the Ford Credit Card at their outlets.
Cash on Hand as of December 2023 : $40.17 B
According to Ford's latest financial reports the company has $40.17 B in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.
GB Bank has a full UK banking licence and offers the same level of protection as the traditional high street banks. When you save with us your money is protected up to £85,000 by the Financial Services Compensation Scheme (FSCS). Any deposits you hold above the limit are unlikely to be covered.
| Name | Owned By/Subsidiary Of | Other Banks Operating Under The Same Banking Licence |
|---|---|---|
| Beehive Money | Nottingham Building Society | Nottingham Building Society |
| Beverley Building Society | N/A | |
| Birmingham Midshires | Lloyds Banking Group | Bank of Scotland, Halifax, Intelligent Finance |
| Britannia | The Co-operative Group | The Co-operative Bank, smile |
Unlike the banks we are owned by our members, not shareholders. That's anyone who banks, saves or has a mortgage with us. Which means we can always focus on what's best for them. It's our fundamental difference and what makes us a good way to bank.
Ford Motor Co.
(U.S.) owns Ford and Lincoln. General Motors (U.S.) owns Buick, Cadillac, Chevrolet, and GMC. Hummer is now a GMC sub-brand. GM has a formal partnership with Honda to co-develop EVs.
They are not insured by the Federal Deposit Insurance Corporation, they are not guaranteed by Ford Motor Company, and they do not constitute a bank account.
The Ford Motor Company reported total debt around 139 billion U.S. dollars in 2022. Total debt comprises automotive debt, credit debt, and other debt.
| Company type | Joint venture |
|---|---|
| Key people | He Xiaoqing (President and CEO) Yang Dayong (Executive Vice President) |
| Products | Automobiles |
| Owner | Changan Automobile (50%) Ford Motor Company (50%) |
| Number of employees | 10,000+ |
What sister companies does Ford own?
- Ford – The original car brand owned by Ford Motor Company is, of course, Ford. ...
- Lincoln – Lincoln is the luxury vehicle division of Ford Motor Company. ...
- Troller – Troller is a Brazilian off-road vehicle manufacturer that was founded in 1995 by Rogério Farias.
Now, meet "Model E" — part of Ford's big plan to bridge its gas-powered past and its battery-powered future through a major restructuring of its business. Ford is splitting its auto business into two separate units: Ford Blue, for traditional gas- and diesel-powered vehicles, and Ford Model E, for new electric models.
As long as that bank is FDIC-insured and your deposit doesn't exceed $250,000, you should be safe to do so. It might be worth it to maintain an account at a separate bank, however, just in case a bank error or accidental account freeze results in a loss of access to your money for a time.
| Name | Interest rate | Withdrawals |
|---|---|---|
| Ford Money – Flexible Cash ISA Ford Money – Flexible Cash ISA | 4.4% AER variable | Instant access |
| Ford Money – Flexible Cash ISA Ford Money – Flexible Cash ISA | 4.4% AER variable | Instant access |
We'll apply interest from the day you make your deposit, whether or not it is a business day. Deposits will show on your Ford Money account within two business days. (A business day means any day other than a Saturday, a Sunday or English public holiday.) We may offer additional deposit methods in the future.
References
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