Scots telebank
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.THE bank of Scotland is launching a 24-hour, seven-day- a-week telebanking service, with Freefone and Freepost for all customer transactions and queries, writes Fiona Bawdon.
Banking Direct's Freefone number could save the average customer up to pounds 40 a year when compared with the costs of other telebanking services, according to Frank Porter, Bank of Scotland's assistant general manager.
When the cost of postage is taken into account, savings may be even greater, he says. New customers of Banking Direct are automatically given both a cheque account and an investment account, paying interest of up to 5.75 per cent gross.
Customers can switch their money between the two accounts free, and there are no transaction charges when the account is in credit - or if it is within the free automatic pounds 250 overdraft limit.
Overdrafts of more than pounds 250 are charged at 9.9 per cent APR.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments