Most British Banks Unite to help Customers facing Financial Difficulty

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Gringotts Bank not included Credit: Isabell Schulz flickr

THE majority of British Banks and Building Societies have received approval from the Financial Conduct Authority (FCA) to grant interest free overdrafts of up to £500 to customers with good credit records.

Each bank is making a different offer to customers although RBS/NatWest which still has British government involvement is initially the most parsimonious of the biggest banks, just undertaking to only charge 18.9 per cent!

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All of these offers start in April and some are guaranteed until July but individuals with UK accounts should check directly with their banks to see the exact options.






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