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Bank statement???

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Comments

  • Candy53
    Candy53 Posts: 2,548 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    huffyharry wrote: »
    I don't think its strange it's just that they only have a basic bank account so can't pay things through direct debit, that's why I have always paid things for them. I deal with everything for them bills, insurance etc.

    Are you sure? We only have a basic bank account with the Co-op and we can pay by direct debit, and standing orders.

    Candy
    What goes around, comes around.
  • Murphymycat
    Murphymycat Posts: 197 Forumite
    edited 3 July 2012 at 2:39PM
    huffyharry wrote: »
    I don't think its strange it's just that they only have a basic bank account so can't pay things through direct debit, that's why I have always paid things for them. I deal with everything for them bills, insurance etc.

    Which bank? I have a basic bank account with Barclays and use it for everything including paying bills. Have a look at MSE section on basic accounts, according to Martin ALL basic accounts allow you to pay by direct debit
  • Mupette
    Mupette Posts: 4,599 Forumite
    huffyharry wrote: »
    I don't think its strange it's just that they only have a basic bank account so can't pay things through direct debit, that's why I have always paid things for them. I deal with everything for them bills, insurance etc.
    Which bank? I have a basic bank account with Barclays and use it for everything including paying bills. Have a look at MSE section on basic accounts, according to Martin ALL basic accounts allow you to pay by direct debit


    My natwest was a basic up until a few months back, and i have never had a problem with direct debits or standing orders.

    Who says there is problems with dd?
    GNU
    Terry Pratchett
    ((((Ripples))))
  • rogerblack wrote: »
    This is incorrect.
    It is quite possible to have money in your account, which is not legally yours, and that the DWP accept is not yours.

    http://www.dwp.gov.uk/docs/dmgch29.pdf - for example - search for 'Pradeep'.

    Consider that the director of your bank has the power and the ability to withdraw funds from your account. This does not make it his!

    It is however a confusing position, and to avoid the significant possibility of an initial incorrect decision, you should encourage/help them open an account for themselves.
    You could then if they wish, operate this for them.

    I was generalising and just trying to make a simple point
  • xylophone
    xylophone Posts: 45,916 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Consider that the director of your bank has the power and the ability to withdraw funds from your account. This does not make it his!

    The OP's parents could not withdraw "their" money from their son's bank account.
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