Bank Services: Disadvantaged
(asked on 21st June 2023) - View Source
Question to the HM Treasury:
To ask His Majesty's Government how they monitor whether banks are complying with their legal duty to enable citizens without a fixed address to access a basic bank account; and what are the results of this monitoring.
This question was answered on 3rd July 2023
The designated providers of basic bank accounts have agreed to report data on basic bank accounts and personal current accounts to HM Treasury for annual publication. These reports are available on the GOV.UK website.[1]
[1] https://www.gov.uk/government/collections/basic-bank-accounts