Community
The right - and the obligation to open one (fees are normally not high). No salary should be paid in cash - and social benefits only to accounts. How much could be saved - and how much crime avoided.
In the past banks did turn down customers who were considered risky and being unprofitable. With direct debit cards and automation the risks and costs have been lowered so much that these arguments are not acceptable. In most countries it is already now almost impossible to lead a normal life without a bank account. In the future it will be even more so - in all countries.
Good article here: http://www.economist.com/node/21530164
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James Smith MD at Dsruptiv Ltd
01 July
Pavel Perfilov IT Manager (engineering) at hedge fund
28 June
Harshita Soni Digital Marketer at Ken Research
Tejasvi Addagada Enterprise Data Head at Fortune 500 financial service provider
27 June
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