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No bank account for '1m adults'

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  • No bank account for '1m adults'

    Almost a million adults do not have a bank account, according to the government-backed watchdog, Consumer Focus.

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  • #2
    Re: No bank account for '1m adults'

    Good.

    Some, of course, simply do not want an account, for whatever reason.
    One way forward for those who do, says Consumer Watch, could be to build on the Post Office Card Account (Poca), which is used by claimants to withdraw their benefits by card.
    Although that is all these cards do, they do mean there is already a spring-board from which other simple services could be added, such as an ATM card and a savings option.
    So long as they don't muck it up and make it capable of incurring charges and giving the post office rights of access to your money, its why its so good, money in, cash out. No one can touch it.
    #staysafestayhome

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