Surprising Facts…
While it’s not illegal to burn money, vandalising it could mean you are subject to a penalty under the Currency and Bank Notes Act of 1928.
40. Banks Share Your Financial Secrets…
Your financial data is incredibly valuable, which is why banks are sharing that information with other firms.
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The UK’s watchdog claims this ‘Open Banking’ system will have a beneficial impact on people’s financial lives by allowing them so easily access other deals through online banking.
41. Ask Questions!
If you are confused by the financial jargon put in front of you by your bank, then don’t be afraid to ask questions!
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If you sign something you don’t fully understand it could cost you in the future!
42. Those Sneaky Fees…
Remember we mentioned that banks love adding sneaky fees to their services? Well, it turns out there are ten main fees you could be hit with!
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