On this page you will find everything you need to know about banking, including:

  • How a bank account works
  • How you can open a bank account
  • Which documents you need to open a bank account

 

Some of the content used on this page is taken from ‘Everyday Banking – an easy read guide’ March 2018 Financial Conduct Authority www.fca.org.uk

 

Bank Accounts

A bank account allows you to store money, take money out and put money in.
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Banks

When I go into a bank, what will I need to do?
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Standing Order or Direct Debit

A standing order is a regular payment from your account that you set up and control.
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Debit and Credit Cards

Debit and Credit cards can be used to buy items or to withdraw cash from your bank account
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Scams

A scam is when someone tries to take your money by pretending to help you or by offering you something.
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Insurance

Insurance is something you pay for that protects you against events which could cause you some loss.
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Loans

A loan is when someone gives you money that you have to repay over a period of time.
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Top Tips

Tips for staying safe while banking
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Glossary

An alphabetical list of terms used on banking pages and their meaning
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