"Woman Money - Budgeting basics for women - Savvywoman

Banks and building societies will have to make phone and online payments more quickly.

Banks and building societies will have to make most internet and phone payments within a couple of hours.

From 1st January, the vast majority of payments made over the phone or by internet will credit the account of the person you’re paying within a couple of hours. A new rule is being brought in by the EU, which says that banks should make phone and internet payments by the end of the next working day, but UK customers will benefit from even speedier payments. What are the rules?


	03-01-2012

How to cut down on Christmas spending without cutting down on the fun.

'Tis the season to be savvy; with many families making sure their money goes further.

According to Which? 40% of people are planning to cut back on their Christmas spending with 13% planning to recycle unwanted presents among family and friends. If you want to get as much value from the money you spend, here are some suggestions for Christmas savings:


	27-11-2011

The banks’ organisation has been told it shouldn’t be allowed to get rid of cheques.

A parliamentary committee says the Payments Council shouldn’t be able to abolish cheques and that there should be better consumer representation.

An influential parliamentary committee has criticised the banks’ organisation, the Payments Council for causing unnecessary concern with its plans to abolish cheques by 2018. The Treasury Select Committee says that banks should be forced to write to their customers telling them that cheques will be able to be used for the foreseeable future.


	24-08-2011

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