I'm after a current account that I can withdraw cash from only whilst there
is enough money in the account to cover the withdrawal.
I asked my current bank to set up a current account with no overdraft for
me, but it turns out they'll still let me withdraw money even if the account
has none, and then hit with me unauthorised overdraft charges! The bank
concerned have been a bit inept in dealing with it, but they've now refunded
most of the charges, and accept that they can't offer what I'm after.
Can anyone recommend a bank/account type that will do what I want?
Thanks in advance.
benefits etc to those who did not have an account). They do not offer cheque
books or overdrafts but usually have cashpoint cards (sometimes that only
works in their own Bank's machines) and direct debits and standing order. To
get one of these you would probably have to open a new account either at the
bank your are with now or with a new bank. Care mind some have a 3 strike
and you are out policy ie if they bounce a standing order or direct debit 3
times they will ask to close the account.
"Colin Macdonald" writed in
I've recently opened a Citibank internet only account (no cheque book -
but with a Delta card) with no overdraft facility. They gave me 25 for
opening the account.