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The UK simply mandated that large banks must offer fee free basic bank accounts to all and make ATM withdrawals free from any other bank's ATMs. (Most bank acc
by laurencerowe 6y ago
The UK simply mandated that large banks must offer fee free basic bank accounts to all and make ATM withdrawals free from any other bank's ATMs.
(Most bank accounts in UK have no fees if you never go overdrawn anyway, but previously banks could refuse to open one if they considered you a credit risk.)