The advantage of opening Basic Bank Accounts
A bank account allows you to receive money, pay bills and manage your finances all in one place.
With bank accounts you can:
• Have your wages, benefits, pension or tax credits paid directly into your account;
• Offer a way to view your account either by going to a local branch, online, over the phone, statements provided or via your mobile.
• You DO NOT get a cheque book but free debit cards do come with your account, in most cases a visa debit card.
• Pay in cheques for free (remember you will have to wait until the money is available for you to spend);
• Take money out at cash machines with a cash card (usually free, but some cash machines make a charge)
• Pay and set up bills payments by direct debit, Standing order
Useful info - Using Debit Cards abroad
Useful info - Prevent Debit Cards Fraud
Useful info - What is a Debit Card
Back to Top |