17 November 2006 Archive

Current accounts

Current accounts are a banking or building society product that allow people to make unlimited deposits and unlimited withdrawals provided these do not exceed a certain limit.

Basic bank accounts

Basic bank accounts are entry-level current accounts designed to allow more people to benefit from the advantages of bank accounts.

Overdraft bank accounts

An overdraft bank account is a bank account with a pre-arranged facility that allows account holders to have a negative balance on their bank accounts - effectively borrowing money from the bank.

Young Brits saving not drinking

Millions of British youngsters are saving and acting sensibly.

While ever more stories hit the news about the drinking, speeding, and Asbo-collecting lifestyles of British youngsters, elsewhere millions are saving and acting sensibly instead.

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