Current accounts

NatWest and Royal Bank of Scotland customers should watch out for overdraft fees after the banks today reduced the buffer from which they start charging customers £6 a month for dipping into an authorised overdraft, from £100 to £10.

Young people are starting adult life with "dangerous gaps" in their money management skills, a study has found.

Customer dissatisfaction with financial firms has reached record levels with half a million new complaints dealt with in the last year, the Financial Ombudsman Service said today.

The Duchess of Cornwall has praised credit unions after one London-based co-operative announced it will keep offering "affordable" payday loans following a pilot scheme.

The Office of Fair Trading (OFT) has confirmed it won't be recommending the Competition Commission investigate the current account market — but warned providers they'll face a probe if they don't get their house in order.

The Post Office is now offering day-to-day banking services after launching three new current accounts today.

Proposals to give more people access to bank accounts have been announced by the European Commission.

Nationwide says a glitch that meant customers were unable to log into their accounts or carry out transactions today has been fixed.

NatWest and Royal Bank of Scotland have reduced the buffer from which they start charging customers £6 per month for dipping into an authorised overdraft, from £100 to £10.