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Existing bank accounts - DRO

gemma1979
gemma1979 Posts: 135 Forumite
in IVA & DRO
What happens regarding your existing bank account if you apply for a DRO? Do you keep it or does it get closed? I have no debt with the bank.
Never judge a book by its cover :beer:

Comments

  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    I think you'll be ok

    I was ok keeping a Halifax current account (also hold their basic easycash account as a secondary a/c) already opened, whom I had no debt with or overdraft, so far, now I'm really touching wood !

    I just think I'll not be able to apply for another 'upgrade' in future - certain restrictions now on account in that way it seems, but have banking as it used to be in every other way before - online access, card, statements etc
  • fatbelly
    fatbelly Posts: 23,128 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    gemma1979 wrote: »
    What happens regarding your existing bank account if you apply for a DRO? Do you keep it or does it get closed? I have no debt with the bank.

    It doesn't get a mention on the application. So you'll be OK.
  • caz2003uk
    caz2003uk Posts: 673 Forumite
    Wedding Day Wonder
    Exactly correct! I had no debt with my current bank, my dro ends in 3 days and had no issue with my bank!
    :jEngaged 25/12/11 :j
    :smileyheaMarried the man of her dreams and became Mrs M on 26th April 2013 :smileyhea
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