What rules should banks introduce

Toomuchdebt

Mark7799 wrote:

Yes - that was my thinking. An account where you can draw cash out, Write cheques (without cheque cards) and very little else.

But then how would people pay bills that HAVE to be paid by DD?My car insurance can only be paid by DD.TV licence-I couldn't afford to pay the whole lot in one go so again that's direct debit.Same for home insurance.My phone and internet are paid by direct debit too.Although I would prefer to have paper bills for all these, it's not an option so I have to use DD!

regularsaver1

Banks receive a lot of cheques even if they are not used in many shops

stuartjp_2

i have a idea for the banks it deals with internet fraud, bankcharges,
and various other things, thing is noone at the banks are interested in listing to joe public,
so ive been stumped on what to do for a couple of years now.
anyone here have any surgestions as to where i would need to go with this would be very much welcomed as im at a loss,

Kilty_2

Banks need to get a basic business account going for those aged 16-18. No credit facilities just a debit card and cheque book.

I'm forced to use a personal account for my business and the banks are just losing out on profit from transaction charges etc... (I'd be happy to have to pay per transaction if I could get a business a/c, just like most banks charge their business customers except from Abbey)