>In the UK, there is no concept of "universal service".
The nine largest banks have a legal duty to provide a bank account to any eligible applicant under Part 4 of the Payment Accounts Regulations 2015, except where providing an account would be unlawful under other legislation (fraud, money laundering and terrorist financing) or where the customer has engaged in harassment against the bank's employees.
>If you have no fixed address, then you are not able to have a bank account.
The above legislation applies to customers with no fixed address. Two banks offer products specifically for customers with no proof of identity and no fixed address. Many others have significant flexibility in their identity and address requirements.
Alas my edit time has ran out, otherwise I would update with your correction.
Thank you for correcting me with sources, it is appreciated.
The People I know who have no fixed address, told me how difficult it was to get an account. I know when I opened my account recently, I had to provide a whole host of information that wouldn't be possible to have if I was homeless. I made the mistake of projecting incorrect assumptions, confidently. I went full techbro, which is wrong of me.
The nine largest banks have a legal duty to provide a bank account to any eligible applicant under Part 4 of the Payment Accounts Regulations 2015, except where providing an account would be unlawful under other legislation (fraud, money laundering and terrorist financing) or where the customer has engaged in harassment against the bank's employees.
https://www.legislation.gov.uk/uksi/2015/2038/part/4
>If you have no fixed address, then you are not able to have a bank account.
The above legislation applies to customers with no fixed address. Two banks offer products specifically for customers with no proof of identity and no fixed address. Many others have significant flexibility in their identity and address requirements.
https://england.shelter.org.uk/professional_resources/no_fix...