Starting in October, the British Barclays will open accounts for prisoners whose sentences of punishment coming to an end. According to the newspaper The Daily Mail, the first major bank in the UK, who introduced a similar service. Starting the project will take place in prisons in eastern England.
In cooperation with the Unlock - National Association for the prisoners - the credit institution will offer assistance to release detainees in the opening of accounts, as well as training on the basics of handling finances. Potential customers will look for volunteers of charitable organizations.
Mark Parsons, head of current accounts by Barclays, commenting on the new project, said: "Quite often, prisoners do not possess even the basics of financial literacy and do not feel confident enough to hike in the bank. Our affiliate program is designed to help them get back on their feet. "
"The bank account - not a luxury but a necessity - highlights, in turn, the head of ongoing projects Unlock Chris Bath. - He needs to start a new life after prison. "
One in five reported crime in the UK, according to the publication, by the former prisoners, and the content of criminals in prisons costing taxpayers 13 billion pounds annually.
To return to the law-abiding life, ex-prisoners have to get a job and find housing, but this requires a bank account. However, according to a study conducted by Unlock, the majority of inmates are difficult to open even the simplest account.
Unlock will bring to their program and other credit organizations, the report said The Daily Mail.
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