Packaged bank accounts
, which on average charge PS150 a year, have been criticised because the suite of services they offer such as car, mobile phone and holiday insurance can often be bought more cheaply elsewhere.
He said: "Having no bank account
makes it very difficult for people to manage their money - and far too many Scots are in this position.
Alex Bozman, prosecuting, told Kirklees Magistrates' Court: "He accepts he had two bank accounts
, one of which he hadn't registered with police.
I spoke to them and they told me that they needed BD50,000 to be deposited into the woman's company's bank account
for a short period.
However, we strongly believe that the core bank account
must evolve to maintain its relevance in the digital world.
The distinction is important because the needs of those who have a bank account
are very different from those without one, and there is the opportunity to provide banking and other financial services to those without a bank account
, according to Bokun.
A spokeswoman said a "watching brief" is in place on the situation but payments into Cypriot bank accounts
will not resume when banks on the island reopen - currently planned for Thursday.
Even if these residents have enough money to open a bank account
, traveling to a bank to deposit or withdraw money may not be practical.
The man deposited money into the bank account
, having obtained the funds through a personal bank loan and the sale of his wife's gold jewelry.
Police on Friday arrested a 53-year-old man in central Japan's Aichi Prefecture who opened a bank account
to which money was transferred illegally from the account of a Sumitomo Mitsui online banking customer in a phishing scam.
This leaves just one bank, Barclays, offering a bank account
to those struggling to exist financially.
Only one respondent reported that he had been refused a bank account
by the bank because of a failure to submit documents.