mentor
 |
The best Bank for this type of account is Barclays and your friend does not need to mention anything about their Bankruptcy and,the bank will not ask until your friend wants to open the usual Current account whereas they will then do the usual credit checks.
All you friend has to do is ask for the basic account where they can have their money paid into.
You can use this account to pay Direct Debits etc. |
|
Ellie
 |
Nat West does a step account and will take on bankrupts. |
|
Holidayseeker
|
Some banks do simple cash card accounts, you cant borrow ie an overdraft, and I dont think you can pay at the counter with the card etc.
Its purely to withdraw and pay money in ie wages, I know HSBC do one for sure, which of the banks is more sympathetic I couldn't say sorry |
|
GEOFFREY K
|
If you look on the official insolvency service website they usually have a list of helpful banks. |
|
Steven
|
Nat West certainly do a particular account where you can have a debit card, no overdraft or cheque book or credit for serving bankrupts.
If your friend has managed their bankruptcy in accordance with the Official Receivers directions there should be no problem in getting an account with any bank. There may be some restrictions such as limited or no overdraft but nothing that would cause major problems. |
|
paul r
|
Barclays used to do a basic account with an electron card. |
|
Chris CB
|
any they have got to since benefits have to be paid into a bank account they have special very basic ones |
|
davetumalty
|
Hi with a discharged bankrupcy he can legally get an account with any bank but they will not offer credit facilities until he has had his account for a while.
HSBC has a basic account with an ATM card
Halifax has a basic account called STEP this is especailly for bad credit your get an electron card and a cheque book after 6 months
It may be worth while applying online halifax is www.halifax.co.uk/online |
|
pollywallydoodle
|
Thinkbanking do a managed account specifically for bankrupts and those with money problems and will accept all. I've been with them a while and they are great. Will get ac no in five mins over the phone |
|
Veronica Alicia
|
You could ask the question for him at any of the Big 5 or smaller ones in your area.
Check out what interest they pay on a current account - it won't be much at any of them but it might make him feel better that someone values his custom enough to give him something in return. |
|
lulu
|
Nationwide Building Society do a Basic Bank account |
|
BOUDICA !!!! (*) (*) (*)
|
my uncle is an undischarged bankrupt and got an account with barclays plus a capital one credit card i dont know how but its true |
|
cheek_of_it_all
 |
Everyone is entitled to a basic bank account, you should even be able to get one at the bank your bankrupted from! |
|
just hanging around
|
banks love money going in, so a small local bank |
|
neogriff
|
Barclays are the most sympathetic for people who have been bankrupt. |
|
Alex G
 |
Most of the major banks offer a basic bank account that allows wages to be paid into and (some) allow direct debits and standing orders too. They usually have an Electron card or a simple cash card but no cheque book or overdraft.
If the account is held in credit for a while then there is a good chance that they will offer to upgrade the account to a 'proper' current account will full facilities.
As for the Capital One credit card - pretty much anyone can get one as long as they are on the Electroral Register. |
|
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
