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Written question asked by Baroness Whitaker (Labour) on Wednesday, 21 June 2023, in the House of Lords. It was due for an answer on Wednesday, 5 July 2023. It was answered by Baroness Penn (Conservative) on Monday, 3 July 2023 on behalf of the Treasury.


Bank Services: Disadvantaged

Question

To ask His Majesty's Government how they monitor whether banks are complying with their legal duty to enable citizens without a fixed address to access a basic bank account; and what are the results of this monitoring.

Answer

The designated providers of basic bank accounts have agreed to report data on basic bank accounts and personal current accounts to HM Treasury for annual publication. These reports are available on the GOV.UK website.[1]

[1] https://www.gov.uk/government/collections/basic-bank-accounts


Secondary information

Type
Written question
Reference
HL8707
Session
2022-23
Subjects
Disadvantaged Bank services
Link
View this Written question on www.parliament.uk