LGBTQ+ people experiencing homelessness issues offered bank account help
Vicky Shaw, PA Personal Finance Correspondent
16 June 2021, 3:04 pm
LGBTQ+ people experiencing homelessness issues should find it easier to open a bank account due to an initiative from a provider.
HSBC UK has teamed up with Stonewall Housing as part of the bank’s initiative to make it easier for homeless people to access basic banking.
Having access to a bank account makes it easier for people to claim benefits, receive wages and pay rent.
Stonewall Housing has experienced a 55% increase in people calling its housing advice line during the coronavirus pandemic and a 48% increase in online contact.