Tag Archives: basic bank accounts

How to solve the problem of free banking?

 RBS recently created a storm by announcing that it would be restricting its basic bank account customers to using only its own ATMs. As well as acres of negative media coverage, and questions from the Treasury Select Committee it has also generated an online campaign against the move, complete with a petition (although at the […]

Cheques, ATM charges and honest conversations

It is not fashionable to feel sorry for banks, but I’ve had a pang of sympathy this week – brought on by media coverage of ATM charges and cheques.  Banks are, by and large, businesses so they exist to serve their customers and to make money for their shareholders. And as we know, recently, they’ve […]