What is the Money Carer Current Account Switching Service?
In collaboration with Pay.UK and Zempler Bank, Money Carer provides a Current Account Switching Service for vulnerable adults. This provides them with the option to switch their existing information over to a new account on our dedicated banking platform, Monika.
This service significantly simplifies the process of closing and transferring bank balances from one account to another. It also enables the option to carry over any regular payments, such as standing orders or direct debits.
From start to finish, the process of switching all these details takes a maximum of seven working days. As of September 2024, this service is also free of charge, and available to all who may need it.
For more information about our Current Account Switching Service, you can find our dedicated banking platform here.
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Appointeeship, Deputyship, Power of Attorney, Money Management, Banking.