Basic Accounts | Finance

Basic bank accounts and financial inclusion - final quarter of 2008

Latest figures from the BBA show that another 142,000 post office accessible accounts were opened in the final quarter of last year and 19,000 existing accounts upgraded.

Banks providing wider access to basic accounts

Welcoming the news that numbers of basic bank accounts had topped 7.4 million in the first half of this year, BBA Chief Executive Angela Knight said: "Banking services should be available to the widest possible range of people. By helping to provide basic accounts, the UK's banks are making an essential contribution to ensuring everyone who needs access to modern financial services can do so.

Banks' commitment to financial inclusion continues

The BBA continues to highlight the banking sector’s commitment to increasing the number of consumers being provided with access to the financial system.