The Motley Fool has a piece on some common questions about banking, in their essential banking guide.
The questions are:
- What’s the difference between direct debits and standing orders?
- How long are cheques valid for?
- Are post-dated cheques valid?
- Are bankers’ drafts as good as cash?
- Do debit cards have the same consumer protection as credit cards?
Read the article to find out the answers.