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Appointeeship - FAQ's Welfare Benefit - 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. Yet, these accounts are typically not designed with appointeeship in mind – and restrictions can limit appointees in their role. This includes the requirement for an in-person appointment, and balance limitations that cannot accommodate the individual’s funds (typically around £3000). This makes the average high-street bank account both impractical and unfit for purpose.

At Money Carer, we’re aware of these issues and are constantly striving to solve them. Our comprehensive Appointee Bank Account meets these needs. With a number of customisable features designed with these very situations in mind, our accounts can be opened online, free of charge.

To learn more about our Appointee Bank Accounts, please click here.

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