Basic Bank Account
is a basic personal UK bank account
from high street banking giant HSBC
comes with an ATM card which you can
use to withdraw up to £200 in cash
day (subject to available funds).
No debit card
book is provided with this account
which is the case with
but by no
means all basic UK current accounts. There are
also no overdraft
facilities which is
not surprising as it is
primarily designed for those who have
had a bank account before,
are foreigners temporarily resident
in the UK or who
have had credit problems previously.
You must also be at least 18 years old.
and Direct Debits are provided as standard,
though, as is
banking. You can also operate this
a Post Office
(using your ATM card).
can apply for this HSBC basic bank account
by post, phone or in branch.
credit is allowed, although no undischarged bankrupts
or those with
history of fraud (CIFAS flags) are accepted.
basic accounts with debit cards see
UK bank account
to prepaid credit cards or
business bank account