In can be really hard for anyone to get a bank account in the UK nowadays. With the bank sometimes wanting two forms of ID, and a utility bill, and maybe even a reference, it can make things tough for some people to open up an account.
I moved to England, from Belfast, last year with a friend to start new jobs here. We both first of all needed to open bank accounts to deposit our wages into. For my friend it was really hard - because we rented our accommodation and the rent included bills, we didn’t have any utility bills in our name. There were other problems, but this was a main one - a stupid rule that discriminates against renters.
I say that it was really hard for my friend, but it was even more difficult for me. Because I have dual nationality and chose to travel on an Irish passport the banks would not take this as verification of my ID. So, even though I am a British citizen, unless I show a British passport the banks will not try to confirm my identification and turned me down straight for a bank account.
Although I was having more problems, my friend wasn’t able to open a bank account either. So here we were - two successful men in two good jobs, who just weren’t allowed to open a bank account in England because of a lot of red tape.
My friend got lucky - after a long time of stress and unhappy phone calls he went online and got a Barclays current account online. Me however, I gave up. I have to use my Ulster Bank account for my wages to be paid to me. Although I can use my bank card here to withdraw money here I am very limited to the services I can use from over here.
So, I ask what, kind of shambles is the British banking system that two British citizens can have such problems in simply opening an account?
About the Author:
Michael Hanna is a keen writer, and internet marketer living in Scotland.
Contact details: E-mail: samqam@googlemail.com Phone: 0131 561 2251 Michael's Website: Taxi Belfast
Article Source: ezinearticles.comIf you’re selling anything online, you’ll need to be able to accept online payments.
There are many ways you can do this, but let’s simplify it down to the hard way and the easy way.
The hard way requires you set up a merchant bank account and then sign up, at quite some considerable expense, to accept online payments on your account. Not only will you have to pay a percentage of each payment you receive, but there is often a monthly charge for running the account too. If you start getting into big figures, you may even find that the bank holds back a sum of money due to you for chargebacks.
A chargeback is where a buyer asks for their money back – either due to fraud or because they are unhappy with the product you have supplied. There are stories of some companies holding back large sums of money to cover the cost of chargebacks.
That’s the hard way!
Now for the easy way.
Unless you've been living under a rock for the past five years, you'll have heard of Paypal. It's easy to set up and account to take payment for goods, downloadable Ebooks and subscriptions without the need to set up a merchant account.
This online payment system is the quickest and easiest way to accept payment online with cards such as Visa, Mastercard and Maestro on your site. It's easy to open a Paypal account and start accepting payment online immediately.
This article was submitted by Jennifer Carter. Start your own Internet Businesses.
Article Source: ezinearticles.com|
|