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Ask financial experts about opening accounts, managing money wisely, understanding charges, accessing appropriate services, and building healthy banking habits.

Are Business Accounts Protected if Banks get into Difficulty?

The recent run on the financial sector has seen some of the leading banks cripple under pressure. Despite the government’s decision to increase the 100 per...

Can My Friend Pay His Cheque into My Account?

“After section 81 of the Bills of Exchange Act 1882 there shall be inserted the following section—81A—(l) Where a cheque is crossed and bears across it...

Can we Open a Bank Account in the UK?

The banking structure in the UK is very complicated and this makes it very difficult for new accounts to be set up without certain requirements being fulfill...

Should I Cash My Personal Equity Plan?

Personal Equity Plans, otherwise known as PEPs, were introduced as tax-efficient investment vehicles during the 1980s and 1990s, and many people saved money...