Suits Me® Simplified: Banking 101

Businessman using mobile banking app to set up direct debits and standing orders

Direct Debits & Standing Orders: The Facts

Direct Debits & Standing Orders are Both Automated Payment Methods – But What’s the Difference? & Which Should you Choose When Setting up a Recurring Payment?

22 hours ago

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Standing Orders vs Direct Debits: Which One Should I Choose? bold text

Standing Orders vs Direct Debits: Which One Should I Choose?

When it comes to setting up regular payments, there are two main options open to You: Standing Orders & Direct Debits – but which one should you choose?

22 hours ago

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Dark blue background with gradient blue shapes, outline of a payment transfer illustration and white text that reads "how long do payment transfers take"

How Long does a Bank Transfers Take?

In this blog post, we discuss how long different payment transfers can take

2 weeks ago

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Young man in cafe using his mobile phone to check his checking account balance

Checking Account vs Current Account: What’s the difference?

These accounts are almost identical in nature, but there are some subtle differences that you’ll discover below.

3 weeks ago

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white text with blue background and grey and gold miniature models of a traditional bank. Suits Me® logo.

What is a UK Sort Code & What are They Used For?

We explain what a sort-code is and how it works so that you can have a better understanding of your financial transactions

3 weeks ago

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Smiling female wearing backpack standing at the billing counter looking at her mobile phone and setting up a standing order

Standing Order Explained

You can learn all about standing orders in this blog post!

3 weeks ago

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Tablet with the word comparison on a working desk

Comparison Sites: The Pros and Cons

The UK has become a nation which is dependent on the data provided by comparison sites but is this such a good thing?

Gone are the days of sitting with a phone book, ringing round all the insurance companies yourself. The introduction of the internet made it easier to collect quotes online but it still meant a lot of work to go around all the different providers. Enter the comparison sites: a one-stop shop which allows consumers to search for multiple quotes on a single website.

4 weeks ago

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white brick wall background with an image of a blue front door, representing proof of address

Why Do I Need Proof of Address to Open a UK Bank Account?

Learn why you may need to provide your address if you want to open a traditional UK bank account, and what to do if you can’t provide this information

4 weeks ago

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Acronym IBAN as International Bank Account Number which can be found via online banking platforms

Online Banking: What is an IBAN Number?

You’ll need an IBAN number if you need to send or receive money from abroad, but what is an IBAN and how do they work?

4 weeks ago

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