Opening bank accounts - do they want our money or not?

[Dan Morinary]

Are you then aware of the difference in operations, and consequent culpability, between retail and investment banking? And the rest of the financial sector?

Yes. Thanks for asking.

 

[nickyboy]

Same here, I left in 1974, £12.50 a week take home, £17 if I worked a sunday. £5 a week for my mum's house keeping. Plus, You could have a really good night out for a fiver.

When I started going out in 1983 £5 got me 7 pints which constituted, to me, a decent night. I shudder to think what £5 in 1974 would have got me (into a lot of trouble I suspect)

 

[Tin Pot]

Yes. Thanks for asking.

And you still think that avoiding banks at all costs is good advice?

 

[mjr]

[QUOTE 4600120, member: 259"]Try opening a post office standard account. I know from experience how frustrating it can be at some of the big banks, but my daughter did this and it was really quick and simple, with no hard sell.[/QUOTE]
I was shocked how few post offices can open them around here.

 

[Dan Morinary]

And you still think that avoiding banks at all costs is good advice?[/QUOTE

Yes. My tinfoil hat sets alarm bells ringing upon entering branches.

 

[Hugh Manatee]

I was shocked how few post offices can open them around here.

I have just looked at the link. I would have to go to Walsall to open an account.


Most people do not know how bad this would be.