Ex-Offender Basic Bank Account Help
Basic Bank Account Information for Ex-Offenders
Bank account and banking options may be available if you are an ex-offender or on probation.
Money Advice Direct Debt Advice Service encourage banks to play their part in providing accounts for prisoners so all inmates can have the opportunity to basic bank accounts and banking facilities.
in the UK the reoffending rate is high, with a high levels of people returning to prison time and again. This cycle of reoffending must be stopped and one method is through reforming banking for ex-offenders. Please note that without access to a bank account and affordable credit former prisoners can find it impossible to house, clothe and feed themselves in the crucial months following release. No roof means no job and in no time they have returned to their old ways.
Bank accounts and basic banking facilities have been opened for more than 3,500 for prisoners and basic bank account information is available in many prisons throughout the UK.
Many ex-offenders want to open a bank account to receive wages or welfare benefits, and as a support in securing a job. However, among the majority of prisoners, access to a bank account had far greater significance than as a method of money transfer alone.
For inmates, the bank account offered the opportunity of a fresh start and it was seen by them as a significant factor in building a new life 4. For many, it offered an opportunity to move away from living within a marginal, cash-based economy with all the dangers of re-offending that it entailed. It appears reasonable to conclude that it is this wider desire for self-respect and inclusion that continues to drive the ongoing demand for
They prisoners want it to assist in basic money management, including saving, but more importantly, the significance of a bank account lay in the status, self-respect and social inclusion that it brought.
Many prisoners want a bank account to feel better about themselves and to feel part of society. Its important for prisoners and ex-offenders to feel like everybody else and have a basic bank account.
Listed below are some of the frequently asked questions on Banking & Credit
- Banking Information Centre - Introduction
- How Basic Bank Accounts work
- Advice on Basic Bank Accounts
- Basic Bank Account Information
- Keep Track of your Basic Bank Accounts
- Basic Bank Accounts with Direct Debit
- Basic Bank Accounts Help
- What proof is needed to open a Basic Bank Account?
- Basic Bank Accounts for International Students
- Basic Bank Accounts for Migrant Workers
- Basic Bank Accounts for Refugees
- Basic Bank Accounts for Asylum Seekers
- Basic Bank Accounts for Prisoners
- Ex-Offender Basic Bank Account Help
- Common Banking Terms
- Bankruptcy Bank Accounts
- Facilities on Bankruptcy Bank Accounts
- Guaranteed Bank Accounts
- Will your account be frozen upon bankruptcy?
- Bankruptcy Bank Account upgrades
- Basic Bank Accounts when you are bankrupt
- Open a new bank account after bankruptcy
- Bank Accounts Help after bankruptcy
- Pre-Paid debit cards for bankrupts
- Bank Accounts with no credit checks for Bankrupts
- How to get a bankruptcy bank account
- What features does a bankruptcy bank account offer?
- Can I stay with my bank account if I have just been made bankrupt?
IVA's
The IVA Guide
Money Advice Direct has put together an IVA Guide based on the enquiries and questions that we receive at our helpline offices.
In the guide we cover such subjects as IVA Approval, early settlment of your IVA, missed IVA payments, IVA failure, additional debt claims and much more.
[click here for IVA Guide]
What is an IVA?
The IVA is an extremely powerful tool enabling you to clear your debt and return to a clean financial bill of health. Visit Money Advice Direct's Guide to Individual Voluntary Arrangements (IVAs).
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DANGER
Due to the tremendous demand for debt consolidation services the United Kingdom is now overloaded with debt management companies that contain misleading information. [more...]