Basic bank account: Difference between revisions
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* [[Overdraft]] | * [[Overdraft]] | ||
* [[Overdrawing]] | * [[Overdrawing]] | ||
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* [[Unbanked]] | * [[Unbanked]] | ||
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
