Going BR next week.I opened a new account with A&L at the beginning of the year when we were looking at an IVA. I've got a chq book and visa debit card but no overdraft. Do you think there is any possibilty at all of us being allowed to keep the account. I have only just got everything transfered across from my previous account.
From reading the posts on here it doesn't sound likely but I was just wondering if anybody knew of any occassion when an account wasn't closed down.
Dee, I don't think you can have a cheque book when you're br. It depends on the bank as it's their decision to either allow or close the bank account. We are with the co-op and the account wasn't affected at all when we filed, we continued using it as normal. To be on the safe side I would withdraw any money in the account incase it's frozen. You might also want to cancel any D/D's incase you're charged for them being refused. xx
The only accounts that can be kept open are the Coops cashminder account Barclays cashcard account and depending how they are on the day NatWest's Step account. These are the basic accounts where you have a card for cash machine use and D/D's can be setup in them. The other account available is from Think banking where you incur a charge but you do get a maestro card. The other option is the prepaid credit cards as you can pay your bills with it and have your earnings paid straight onto that aswell.
Bank accounts
Posted - 29 April 2008 : 13:36:41
