Current accounts news, Jul - Sep 2006

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Cheque writing procedure changes

29 September 2006

A press release from UK payment association Apacs, the British Bankers' Association (BBA) and the Building Societies Association (BSA) has advised consumers on new changes to the way people should write their cheques.

Banks getting benefits from packaged accounts

28 September 2006

Research from uSwitch has discovered that banks are reaping the benefits from packaged accounts.

Students turn to bank of mum and dad

27 September 2006

A number of students are relying on more than just their current account overdraft when it comes to managing their finances at university.

HSBC unveils ATM payphone

26 September 2006

HSBC has unveiled its first ATM payphone in Surrey this week.

91% found switching account easy

25 September 2006

New research from Abbey has shown that 91% of consumers found switching current accounts to be an easy process.

Apacs: Consumers unaware of safe online banking measures

22 September 2006

Many consumers are unaware of the basic security measures which should be adopted when banking online.

Students may graduate with £5m of debt

21 September 2006

New research from credit reference agency Callcredit has shown that students could graduate with a collective debt of around £5 million.

UK savings reach record high

20 September 2006

Brits are saving more money than at any other time in the 21st century, according to new research.

Current account market is highly competitive

19 September 2006

The current account market is highly competitive as banks strive to lure customers to their products, according to new research.

BBA comments on rising bank charges

15 September 2006

The British Bankers' Association has commented on the research by Defaqto showing a rise in bank charges.

Students being lured by account "gimmicks"

13 September 2006

With many students about to embark on their university or college courses, Halifax has warned of being lured into current accounts by the gimmicks and freebies they offer.

Coventry launches over 60s account

12 September 2006

Coventry Building Society has launched an account which is specifically designed for the over 60s.

uSwitch comments on overdraft rates increase

07 September 2006

uSwitch, the price comparison and switching website, has commented on the recent increase in overdraft rates by NatWest, Smile and Lloyds TSB.

ABI launches personal account initiative

06 September 2006

The Association of British Insurers (ABI) has launched a new initiative to ensure new personal accounts are delivered to pension savers by 2010.

HSBC revamps its Bank Account Plus

05 September 2006

HSBC is set to revamp its Bank Account Plus account so customers can now earn six per cent interest on credit balances up to £2,500 for 12 months.

uSwitch comments on A&L account restructuring

04 September 2006

The price comparison and switching website uSwitch has commented on Alliance & Leicester's decision to restructure its Premier and Premier Direct current accounts.

uSwitch comments on A&L account restructuring

04 September 2006

The price comparison and switching website uSwitch has commented on Alliance & Leicester's decision to restructure its Premier and Premier Direct current accounts.

Average person has £17,271 savings

01 September 2006

A detailed report has cast light on the savings situation currently facing Britons.

Britons save for 167 rainy days

31 August 2006

Despite repeated warnings of a "savings crisis", Britons do appear to be heeding the advice to save.

UK cash machine network signs new agreement

25 August 2006

LINK, operator of the UK cash machine network, has signed a reciprocal agreement with US ATM supplier PULSE.