Account for a Trustee?

Moonwalker

I am the Trustee of a Trust and need to open an account to deal with very small amounts of money mainly going in and out. HSBC have said they are not opening any new Trustee accounts at the moment unless you are an existing HSBC customer. Anyone got any ideas as to who to try next? I don't want to be lumbered with lots of charges etc and this will not involve lots of money?


Many thanks in advance


MW

jonesMUFCforever

Try Cater Allen - don't know if there would be any charges.

xylophone

What kind of trust?

https://www.caterallen.co.uk/solutions-for-trusts

https://www.gov.uk/trusts-taxes/trusts-and-income-tax

Yorkie1

We have a NatWest account for our small charity / trust. No charges; it has a cheque book (we've never asked for a cash card for it but I think it probably does have one if we wanted it). I think it's a small clubs / unincorporated assns. account.

xylophone

A family trust has a current account with Barclays but that said, one of the original Trustees had banked with Barclays since Adam donned his fig leaf...:)

The OP could check with Barclays.

Moonwalker

Thanks very much!