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    During Debt Review

    Can I open a new bank account while under debt review?

    Yes, you can open a new bank account while under debt review. Banks may offer:

    • Transactional accounts for salary deposits and payments

    • Savings accounts

    • Debit cards (not credit cards)

    What you cannot get:

    • Credit cards

    • Overdraft facilities

    • Personal loans

    Some banks may be more accommodating than others, so shop around. Having a bank account is essential for receiving salary and making your PDA payments.

    Expert Answer

    Provided by NCR-registered debt counsellors (NCRDC3106)

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