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- Introduction
- What is a Bank
- What is a Bank Account
- Why do I need a Bank Account
- How Do I Choose a Bank Account
- How Do I Open a Bank Account
- How Do I Get The Most From My Bank Account
- Other Things The Bank Might Offer
- Bank Cards
- Bank Machines
- PIN
- Interest
- More Help
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Making Money Easier
The Easy Picture Guide to Banking
Basic Bank Accounts
With a Basic Bank Account you can pay money in to your Account, take out money from a cash machine and pay bills.
You will usually get a Cash Card to help you take money out of your Bank Account.
It is a good Account for your first Bank Account.
With a Basic Bank Account you are not allowed to spend more money than you have in your Account. This means you can’t make a mistake and go overdrawn.
When you have a Basic Bank Account you need to know how much money you have paid in...
...AND how much money you have taken out...
...AND how much money you have left.
You can check the amounts using your statements.
With a Basic Bank Account you won’t get any interest paid to you.
