On the way home from work last night, I was chatting with a friend when the subject of monthly bills and banking came up.
It turns out my friend didn't realise Direct Debits are entirely controlled by the other party who bills him!
He's a bit older than me, so I was shocked.
Then I started paying a bit more attention to what some of my peers knew about basic banking, and where they stood with what - oh dear, oh dear, oh dear...!
So this is the first of a series of posts to do with everyday banking, and covers such things as payment methods, the rules regarding them, and personal bank accounts.