Basic bank account: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Source: The Money Advice Service UK: https://www.moneyadviceservice.org.uk/en/articles/basic-bank-accounts) |
(No difference)
|
Revision as of 11:34, 31 March 2021
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
