Unlocking banking

Document type
Corporate author(s)
Unlock (Organisation)
Date of publication
1 January 2008
Resettlement, Offenders, Criminal Justice Services, Poverty Alleviation Welfare Benefits and Financial Inclusion
Social welfare
Material type

Download (295KB )

Former offenders face significant financial exclusion, including access to insurance, mortgages, and other credit products. As a result, they either use non-mainstream providers commanding significant premiums or simply remain excluded. It is extremely difficult for prisoners to set up even basic bank accounts prior to release. This is creates a barrier to stable employment and housing, as well as to the further take up of mainstream financial products and services. Although there are a number of excellent pilot project and isolated schemes, lack of access to financial services, even basic banking, remains the norm for most prisoners and former offenders. A significant number of prisons have made efforts to establish relationships with local bank branches but have been unable to make progress.

Related to Resettlement

Nacro housing annual review 2014/15

This report outlines the achievements of Nacro's Housing Resettlement Service (HRS) in 2014/15. In that year 2,101 people…

Rebuilding lives: longer-term outcomes for homeless people who are resettled: summary of findings and implications for practice: pre-review version: summary

Since the early 1990s, the government has invested hugely in tackling homelessness and its prevention and alleviation, and…

Joint thematic inspection of resettlement services to children by youth offending teams and partner agencies

This inspection was led by HMI Probation, in collaboration with partner inspectorates, in response to the findings from the…

A good life: exploring what matters to people facing multiple and complex needs

This report presents findings from research with a group of individuals with multiple and complex needs due to drug dependency…

More items related to this subject

Related to Unlock

Call for views on General Data Protection Regulation derogations: written submission to DCMS consultation

Response to the DCMS on theme 8 and 9 of the General Data Protection Regulation

10 things about criminal records: a guide for employability professionals supporting people into work

This publication is a guide for practitioners (employability officers, job centre advisors, probation officers, career advisors) who support people with criminal records trying to find employment.

Disclosure of youth criminal records: written response to Justices Committee inquiry

Unlock provides a response to the Justice Committee enquiry into the system governing the disclosure of youth criminal records.Amongst the 10.5 mio people in England and Wales with a criminal

Criminal convictions and insurance: briefing for insurers

Downloadable briefing which aims to help insurers to understand disclosure periods for offences.

More items related to this publisher