Bank account

MalMonroe

I had a DRO a few years ago and one of the things I was very concerned about was switching current accounts. I needn't have worried, though. I applied to Co-op for a basic account and they accepted me with open arms. Well, maybe not open arms but they accepted me! I was with Barclays at the time and had to leave them because my overdraft was part of the DRO. 

I wasn't allowed any overdraft with Co-op (naturally) and I'm proud to say that I've not needed one since the onset of my DRO. It really did teach me a lot about managing money.

Co-op switched my direct debits, standing orders and regular payments into the account and they'll arrange the same for you. Yes, of course you're allowed to have direct debits with a basic account.  

I've been with Nationwide for a few years now and am so far quite happy with my 'normal' current account with them. I switched from the Co-op once the six year period was over as I wanted a brand new fresh start.

Good luck! You're on the right road. It does seem strange and scary at first but you'll be fine.   

Platespinner123

MalMonroe said:

I had a DRO a few years ago and one of the things I was very concerned about was switching current accounts. I needn't have worried, though. I applied to Co-op for a basic account and they accepted me with open arms. Well, maybe not open arms but they accepted me! I was with Barclays at the time and had to leave them because my overdraft was part of the DRO. 

I wasn't allowed any overdraft with Co-op (naturally) and I'm proud to say that I've not needed one since the onset of my DRO. It really did teach me a lot about managing money.

Co-op switched my direct debits, standing orders and regular payments into the account and they'll arrange the same for you. Yes, of course you're allowed to have direct debits with a basic account.  

I've been with Nationwide for a few years now and am so far quite happy with my 'normal' current account with them. I switched from the Co-op once the six year period was over as I wanted a brand new fresh start.

Good luck! You're on the right road. It does seem strange and scary at first but you'll be fine.   

Out of interest, were you able to use the Current Account Switching Service to move to a basic account?