Current Accounts

Current accounts are the facility many of us use to run our day-to-day finances. Here you will find useful information on how current accounts work and links to other helpful organisations. There is also information on Universal Credit for those customers who have queries about how the new system will work and what to expect from you bank.

  • Industry Guidance for FCA Banking Conduct of Business Sourcebook

    The industry guidance was updated and confirmed by the FCA, effective from January 2017, to reflect a number of changes that became operational in 2016. The updated guidance is available Read More

  • Bank Account access in the UK for Non Residents

    This webpage is designed to provide information for non-residents looking to enter banking relationships in the UK while continuing to reside outside UK. Non-residents If you live permanently outside the Read More

  • Opening a bank account

    Having a bank account makes it a lot easier and cheaper to pay bills. Most employers will only pay you through a bank account, and it’s safer than keeping lots Read More

  • Cards

    If you have a bank account, it is highly likely that it will come with a card. Here’s our explanation on the differences between bank cards, how you should use Read More

  • Cheques and clearing

    Cheques are written orders from account holders instructing their banks to pay specified sums of money to named beneficiaries. They are not legal tender but are legal documents and their Read More

  • Switching bank accounts

    Want to switch? First, ask yourself why you want to move. If you are considering moving your account because you are unhappy with some aspect of the service, have you Read More

  • Student accounts and finance

    Got a place at college or university? Check out our guide on how to manage your finances independently, open a student bank account and make the most of the benefits Read More

  • Joint accounts

    A joint account is an account opened in the names of two or more people. You can have a sole account as well as your joint account. A sole account Read More

  • Lost accounts

    What is a lost account? Banks, building societies and NS&I wherever possible seek to keep in touch with their customers. If, however, an account has been inactive for an extended Read More

  • ATMs

    ATMs, or cash machines, are now the most popular way for people to withdraw cash from their bank accounts using their Personal Identification Number (PIN). LINK is the UK’s cash Read More

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Latest mortgage data suggests FPC could hold fire

On Thursday we will hear about any agreed actions from last week’s FPC (financial policy committee) meeting.  In addition the latest assessment of financial stability by the Bank will be released (the Financial Stability Review).  This meeting has taken on some extra significance as the ground has clearly been shifting as regards the MPC and…

Help at Hand

We are in the midst of a consumer-led revolution in the way we do our day-to-day banking. Customers love the new technology that is allowing them to bank round the clock and which is providing us all with our own personal financial advisors. The BBA’s influential Way We Bank Now report shows that through the…

International Students

Our new leaflet, telling international students everything they need to know about opening and using a bank account in the UK. Coming to school, college or university in the UK can be a daunting experience, especially for those arriving on these shores for the first time. In order to help international students get set up…

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