Basic bank account: Difference between revisions
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* [[Financial exclusion]] | * [[Financial exclusion]] | ||
* [[Overdraft]] | * [[Overdraft]] | ||
* [[Overdrawing]] | |||
* [[Overdrawn]] | |||
* [[Unbanked]] | * [[Unbanked]] | ||
== | ==Other resource== | ||
* [https://www.moneyadviceservice.org.uk/en/articles/basic-bank-accounts UK Money Advice Service - basic bank accounts] | * [https://www.moneyadviceservice.org.uk/en/articles/basic-bank-accounts UK Money Advice Service - basic bank accounts] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:Financial_products_and_markets]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 20:47, 2 August 2025
Banking - financial services - financial exclusion.
A basic bank account is a simpler and more limited form of bank account, designed for people who are unable to access a standard bank current account, because of poor credit history or other reasons.
Basic bank accounts do not allow overdrawing.
They are usually free of fees.
See also
- Account
- Bank account
- Current account
- Deposit account
- Financial exclusion
- Overdraft
- Overdrawing
- Overdrawn
- Unbanked
