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Cards and Managed Bank Accounts - FAQ's

Can an appointee open a high street bank account?

For the purpose of opening a dedicated appointee bank account, most high-street banks will be compliant. However, the majority of these providers require an in-person appointment at one of their branches. As well as this, many eligible accounts have balance limitations as low as £3000, making them both impractical and unfit for purpose.

At Money Carer, we’re aware of these issues and are striving to solve them. Our comprehensive Appointee Bank Account meets this very need. With a number of unique features tailored to appointees and their clients, these accounts can be opened online, free of charge.

To learn more about our Appointee Bank Accounts, please visit our dedicated page here.

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Appointeeship, Deputyship, Power of Attorney, Banking, Money Management

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