TSB has at the moment launched its biggest-ever prize draw to reward and thank current prospects to mark 10 years because it returned to the excessive avenue as a standalone financial institution.

All eligible TSB prospects will probably be mechanically entered into the draw and have an opportunity to win one in every of 10 £10,000 money prizes.

To be included, prospects have to be over 18, dwell within the UK and have an open TSB product – which features a private or enterprise present or savings account, mortgage or lending product - on September 9.

Mark Curran, TSB’s buyer banking director, mentioned: “TSB has a long and proud history of helping customers to manage their money better and that’s something we remain committed to today.

“We’re delighted to give TSB customers the chance to win £10,000, to celebrate this important milestone in our history.”

Winners will probably be chosen at random on October 18 and contacted by October 20 - enterprise prospects are additionally included. In the occasion {that a} enterprise account wins, TSB says the prize cash will probably be paid to the enterprise that holds the account. 

However, the financial institution warned: “Fraudsters pretend to be banks, so if anyone contacts you about the prize draw it’s important to remember that we would never ask you to share your bank or security details.

“We’ll also never talk to you on social media through unofficial TSB accounts. Look at our Fraud Prevention Centre on our website for guidance on how to stay safe.”

Winners may have till Friday, December 8 to inform TSB in the event that they wish to settle for the prize cash and the way they’d wish to be paid. TSB will then make the fee or ship the cheque inside 30 calendar days.

There are a number of elements that will exclude an individual from the draw and these embody:

• If the account is held on behalf of any person beneath the age of 18;
• If data present an account holder resides outdoors of the UK or that they've a non-UK tax residence;
• There have not been any transactions on the account within the 15 years previous the draw date;
• An individual or their enterprise (together with any staff) have been concerned within the prize attract any means or are intently associated to anybody who's;

• If an individual solely holds an account for the aim of serving to TSB check sure options, or they’ve solely used the web site to work with one in every of its companions, akin to placing a life insurance coverage coverage in place;
• If at any level between September 9, 2023, and October 18, 2023 (inclusive), the account is in its closure interval or attributable to be closed;
• If at any level between September 9, 2023, and the date any prize funds are payable (inclusive), the account is (or turns into) topic to any authorized restrictions or fraud/monetary crime considerations.

TSB famous: “We have the sole decision on whether all the eligibility requirements have been met or any exclusions.”