15.12.2020

Survivor Bank Accounts Report

Survivor Bank Accounts, designed specifically to be set up without proof of identification or an address, are a positive form of recognition and empowerment for survivors. They provide financial independence and demonstrate the importance of providing secure banking to those vulnerable.

Human trafficking is a widespread and devastating crime, often leaving survivors unable to integrate into society once they have been identified, even with support provided by Governments and NGOs.

Survivors are often excluded from the financial system due to barriers that prevent them from opening a bank account. The inability to access financial services can have serious implications for their recovery, preventing them from fully integrating into society and potentially leaving them vulnerable to re-exploitation. HSBC recognised these issues and the barriers to banking which survivors often face, creating a Survivor Bank Account scheme to try to address this issue.

STOP THE TRAFFIK has consulted with HSBC, The Salvation Army, Hestia and Kalayaan , who all have experience in using the scheme. The briefing available for download below outlines the case for survivor bank accounts by assessing the barriers that survivors face within the financial system,  as well as the problems with not having an account and the positive impact an account can have. The importance of branch staff training is emphasised, with operational insights outlined for consideration in design and delivery. 

Based on this analysis, STOP THE TRAFFIK would encourage all retail banks to consider adopting similar survivor account schemes.

A huge thanks to HSBC, The Salvation Army, Hestia and Kalayaan for their invaluable insights which helped shape this report.

Survivor Bank Accounts

Survivor Bank Accounts Report

718.38 KB · pdf

Latest posts

  • 20.06.24

  • 17.05.24

    Triggering Schools to STOP THE TRAFFIK

  • 09.05.24

    The Experience of Romanian and Albanian Nationals in London

  • 30.04.24

    STOP THE TRAFFIK’s Workers’ Rights Campaign

More posts

Support us

Your donations are vital to enabling us to combat human trafficking. Together we'll stop it.

Donate today

Get the STOP APP

The first of its kind in combining; community empowerment, big data management and anti-trafficking expertise to disrupt, combat and prevent the global issues of human trafficking, modern slavery and exploitation.

About the STOP APP

Download on the App Store Get it on Google Play

Join our global mailing list

News about what we're doing, campaign updates and how you can get involved.

"(Required)" indicates required fields

Taking care of your data

By signing up to our mailing list you consent to receive communications from STOP THE TRAFFIK by email. You can unsubscribe at any time. For more information please visit our Privacy Policy.