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Natwest Step Account For Bankrupts

jesster_2
Posts: 393 Forumite
Has anyone else tried to open one of these recently?
My OH was recently declared, called the bank to ask about the basic account and was told that was fine, to bring in his ID and they'd open it for him.
Then he got to the bank this afternoon and the chap on the desk said they don't do them for undischarged BRs any more!
Is this true? Or was it just because he went into the bank just before closing and they couldn't be bothered to go through it all at the time??
Grr. He wanted a coop account, but our nearest branch is 48 miles away!
My OH was recently declared, called the bank to ask about the basic account and was told that was fine, to bring in his ID and they'd open it for him.
Then he got to the bank this afternoon and the chap on the desk said they don't do them for undischarged BRs any more!
Is this true? Or was it just because he went into the bank just before closing and they couldn't be bothered to go through it all at the time??
Grr. He wanted a coop account, but our nearest branch is 48 miles away!
Dec 2005 £8,500
April 2007 £0
Paid Off Since Lightbulb Moment £8,500
Debt Free Date: APRIL 16 2007
:j :j :j :j :j :j :j :j
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Comments
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I didn't thin bankrups could have bank accounts, but I suppose if they are working then they need one. We have a natwest step account because it is so basic.Barclaycard 3800
Nothing to do but hibernate till spring
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Just looked at a list of basic bank account and NatWest say :
If any of the following applies to you, then you may be declined : Undischarged bankrupt/record of fraud.
Looks like they are right I'm afraid.
The banks that allow discharged bankruptes but not the record of fraud are :
Barclays, cashcard account
Co-op, cashminder account
Nationwide, flex cash cardTank fly boss walk jam nitty gritty...0 -
Doesn't really matter if you don't have a Co-op branch nearby - you can pay money in and take it out at any post office. They also have internet banking.0
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Banks Dont Tell Many People About The Basic Accounts For B/r Etc As They Dont Manke Any Money On Them....
It Is A Legal Requriement That The Have A Basic Account Though.... And You Can Get A Coop Account Over The Phone If You Ant The Nummber I Can Give It To You Just Pm Me.Debit was £64k (light bulb Feb 05)
Debt now 60K Dec 07 DFD= nov2019"The only time money comes before work is in the dictionary"0 -
I had no trouble opening a step account when I was made bankrupt and as far as I know they still do them for the undischarged. I think what the clause about it is just a get out one, so that they can decline the application if they want. I would say it's more because it was near closing time. It takes about 20 minutes to go through all the paperwork.0
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Thanks guys. I think he's going to go for co-op or nationwide... though just for interest he's going to go back to natwest and see if he gets a different response this time!
Dec 2005 £8,500
April 2007 £0
Paid Off Since Lightbulb Moment £8,500
Debt Free Date: APRIL 16 2007
:j :j :j :j :j :j :j :j0 -
natwest dont like bankrupts that what the cccs told my husband coop are the best as you can have a cash minder account what also have a electron card they also give you envlopes so you can post checks to the account and they have internet acces and you can use the post office max withdrall is 250 per day at cashpionts what ever you have in the account in branch my hubbys got one and it good account you can do dd and so i would not give natwest another chance to make your husband feel badi cant slow down i wont be waiting for you i cant stop now because im dancing0
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You have internet access on a Narwest step account and you can withdraw money from the post office.Barclaycard 3800
Nothing to do but hibernate till spring
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As well as DD and standing orders, along with a solo card that can be used anywhere with a maestro sign, so pretty much anywhere really.0
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Natwest have recently changed their policy and no longer allow undischarged bankrupts to have the step account. abbey also will not allow any banking facilities to bankrupts. i agree try nationwide or co-op.0
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