Bank Services

(asked on 13th January 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what recent steps he has taken to widen access to basic bank accounts.


Answered by
Harriett Baldwin Portrait
Harriett Baldwin
This question was answered on 19th January 2016

Improving access to banking services is central to the Government’s agenda. I am therefore delighted that the nine largest personal current account providers in the UK have been offering new basic bank accounts since January 2016.


For the first time, truly fee-free basic bank accounts are available for anyone who doesn’t have an account, or can’t use their account due to financial difficulty.


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