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Re: Never a Midland Bank branch in Jarrow ......for Malcolm
Yes of course all business make their own trading rules. They have done since the beginning of time.The terms and conditions at banks have always been that interest is only paid on balances of more than £1 in whole pounds
Equally interest is only charged on overdrafts of more than £1.
So it is a balanced approach.
And getting it back from a bank which has not existed for about 50 years seems a lot of work for 1/3d but I will put 6p in the NSPCC box today in full and final settlement
Recommended Local History websites.