Reforms to make it easier for banks to offer basic accounts to undischarged bankrupts are set be introduced.
Only Barclays still offers accounts, after the Co-op stopped supplying them to bankrupts in September.
But a legal change will reassure banks that they are unlikely to be sued, if a bankrupt uses an account to spend money on which creditors might have a claim…
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also see: « Banks in Crisis – A New World Bank Is In Order »