- Location
- North West England
I know a couple of people who refuse to have bank accounts after being completely screwed over by banks and accountants. Always remember the numerous times the banks IT systems break down and people can’t access their accounts, transfer money or pay by card / phone etc. Cash is still king and will be for a long time yet imho.Everyone seems to be implying on here that card, BACS is better, however that disenfranchises the marginalised in society who may not have access to either, so even if I ignored all my other arguments against getting rid of cash, that reason alone would be enough to persuade me that continuing with cash payments is important.