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holding account / basic account?

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optimisticopportunistic Posts: 9 Forumite

18 October 2010 at 3:29PM in Budgeting & bank accounts

Hi all,

I am one of two trustees for a child who is about to inherit what i consider a large amount of money. £50,000 +
this is part of a larger pot which is in one account. we are led to believe we need to open an account for the childs share to go into before dividing it up for investing.
Does anyone have any advice as to which bank has such an account if it exists at all?
Card and cheque book not needed its just for transfering money on to other investments.

Thanks in advance

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