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Monday, 27 November 2017

Basic Bank Accounts

An important answer on basic bank accounts was recently secured by Seema Malhotra MP in Treasury questions.  Around 1.5 million people do not have basic bank accounts despite a legal duty by account providers to give them to people not eligible for standard accounts.  The importance of have basic banking facilities for tackling alienation from the normal economy cannot be underestimated. 

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