In an email to customers, the high street banking giant - which is rivalled by the likes of TSB, Royal Bank of Scotland, NatWest, HSBC UK, Lloyds, Nationwide and more - explained the changes.
The high street banking giant has revealed a 29 per cent drop in profits today with the UK arm reporting a pre-tax profit of £391 million for the first three months of the year.
Santander posted a below-forecast rise in first-quarter net profit, for the first quarter, but said it was on track to meet its key 2024 financial targets.