The Bluebird accounts will have no minimum balance requirement and no monthly maintenance, annual or activation fee.

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Encourage customers to build up a savings account towards the minimum balance requirement over a year and then refund the swipe fees paid during the year when the balance requirement is met (preferably into the savings account).

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"It would be completely antithetical to a democratic society to have a requirement of balance on the print media, " he told MPs.

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Requirement to Balance the Budget.

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Thanks to the requirement that they balance their budgets, states are furiously cutting spending.

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Instead, Ms Merkel proposed that a requirement for eurozone members to balance their budgets should be enshrined in each of their constitutions.

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It also announced that it had met the European Banking Authority's capital requirement, largely by shrinking its balance-sheet.

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Not only must there usually be an agreement between two or more parties, but there is also an additional requirement that a sufficiency of evidence exists to establish, on balance, that the act or omission complained of was deliberate and not merely negligent or inadvertent.

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