Investec closing trust current account. Where can I go?

jandominic

I have had a deposit account and a cheque account for a family discretionary Trust with Investec for a number of years. They are now closing the cheque account and I have until 10th June to find an alternative. Does anyone know a bank that will accept a current account in the name of a trust?

I'm not that bothered about interest rates but need to be able to write cheques from the trust and keep a sum of money for that purpose. Investec are keeping open their trust deposit account but I could transfer that considerable sum to another provider if it would help get a cheque account.

Any ideas much appreciated.

xylophone

Have you tried Barclays for the Trust current account?

Or Cater Allen? https://www.caterallen.co.uk/solutions-for-trusts

jandominic

Thank you Xylophone. I hadn't considered Cater Allen but that looks very promising, quite similar to the Investec account I am about to lose.