Fee-free bank accounts open doors for financially excluded

Barclays, Santander, TSB, Lloyds, Royal Bank of Scotland and NatWest sign up to new year reforms Millions of bank customers are set to save hundreds of pounds with the launch of fee-free bank accounts in the new year, following an agreement struck with the Treasury. The accounts will be available to anyone who does not already have a bank account, is ineligible for a standard current account or can't use their existing account because of financial problems.