getting paid at work (without bank account) (1 Viewer)

[derk]

I have a bank account, but a savings one and if you withdraw money from it the interest rate drops.
but i want some money to spend also, so how do I explain this situation to my manager?

 

[iRuler]

Unless they deal in plenty of cash and whatnot, they dont do it.

Just open a new account for it if you want in some other bank.

 

[D94]

Depending on which ever bank, it takes like 4 days to finalise a debit account, so its reasonably quick.

 

[loaves]

Most places won't pay cash - if they do, they're usually rather dodgy.

Just go to the bank and open an account, you'll need one eventually anyway. Should only take about 5 - 10 minutes.
If you already have a savings account, you might even be able to do it online (depending on the bank).

 

[seremify007]

Agreed with the above. Most places won't pay in cash. The exception being places where you collect service tips in cash in which case you may get paid in cash. As loaves mentioned, they're also usually dodgy and will probably even try to justify it to employees by saying it helps them avoid tax.

To the OP though, are you sure you have the correct understanding of your bank account's T&Cs? Most banks offer a transaction account (which pays no interest or close to none) and a savings account which pays interest (and sometimes penalising you if you withdraw cash from it- e.g. HSBC). As long as funds are deposited into the transaction account you should be fine.

As others have mentioned if you don't already have an account which allows you to transact normally, then maybe it's a worthwhile idea to get one as you'll no doubt need it in the future.