The Money Carer Current Account Switching service is a collaboration between Pay.UK, Zempler Bank, and Money Carer to provide a bank account switching service between a vulnerable person’s existing bank account to their new bank account opened for them on the Money Carer banking platform (named ‘Monika’)
This important new service will significantly simplify the process of closing and transferring bank account balances and all inbound and outbound payments from a person’s old bank account to their new bank account with Money Carer. Everything will happen within seven working days. Deputies, appointees and attorneys can all access the service free of charge from September 9th, 2024.