So the payment you make is for additional services over and above the norm of a basic bank account.Putting the issue another way,who do you think should pay for my free banking?

i dont agree with having to pay for basic current accounts but i believe that you do recive things like free breakdown cover, home insurance,mobile insurance, discounts off holidays etc depending on who you bank with!

backfoot:So the payment you make is for additional services over and above the norm of a basic bank account.Putting the issue another way,who do you think should pay for my free banking?

No-one should pay for someone else's benefits. The way it used to work was that the bank 'borrows' your money for other reasons for which you either get a lower rate of no rate of interest, so you are paying for your 'free' banking in reduced or zero interest rates.

SHARK!

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For every positive action, there's an equal and opposite government plan.

No one will see cash,the banks will stall and have untill May 22nd to appeal.They will appeal and al clams will continue to be frozen pending appeal.

I know there are some people who have genuinly been teated poorly by Banks,but the vast majority have been spending money they don't have.

I agree with the other posting we will move to a fee based banking system as it is in the continent.If people don't think this will happen it already ha with First direct closing accounts for people that pay in less than £1000

++ What Landshark says.