We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Bereavement
Options
Comments
-
Also, if your mum will be downsizing, make sure there will be sufficient on instant access to pay deposits etc, so that you don't have to lose interest by taking money from any fixed rate accounts.
Hope all goes well.0 -
The only comment I would make is thatnifn entire sum due to yiur mum was paid into a single savings account, that will be way above the £85,000 comoensation level should the bsnk fai. And she may want to consider splitting it up into separaten safe amiunts in different banks to protect herself0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.2K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards