bank account access

Banks told to improve access to suitable basic accounts

7th July 2026 Consumer Lending | #bank account access

New research by the Financial Conduct Authority (FCA) has found that banks have been pushing homeless people or those in financial hardship towards unsuitable online applications and away from basic bank accounts. These accounts are free, do not include an overdraft facility, and provide essential banking for those unable to open a mainstream account. Now,…

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bank account access

Banks told to improve access to suitable basic accounts

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