banks

Fee-free bank accounts to launch

Millions of bank customers across Britain stand to benefit by hundreds of pounds as nine major banks launch fee-free basic bank accounts from 1 January.

The accounts will be available to anyone who doesn’t already have a bank account, is ineligible for a standard current account or who can’t use their existing account due to financial difficulty.

For the first time they will be...

RBS to compensate customers

Royal Bank of Scotland (RBS) has promised to compensate customers who were unable to make card payments yesterday evening.

Customers from RBS , Natwest and Ulster Bank were all affected by the systems issue which left many customers being unable to make credit and debit card payments between 18:30 and 21:30.

In a statement released this morning, RBS wrote: “We would like to...