Now bankrupt & no bank account!

watcher27

Hi,
I'm posting this on behalf of my mother in law who has just been declared bankrupt.


She currently has no bank account and cant seem to open one!


I'm aware that Barclays basic account is the only option, but even they have declined her!!!


What are her options as she has back dated disability allowances and wages waiting to be paid in??


Many thanks

fermi

Why did they decline her? Did they definitely do the application for the basic one? Branch staff do not always do the right one, even when you specifically ask for the basic account,

watcher27

Hi Fermi,
They won't say, the branch staff just said it's been passed to the fraud department and it's been declined?!

watcher27

So, are there any alternatives if Barclays still say no?

fermi

Some. None ideal, but think there are some. Saw a list posted the other day, but can't find it right this sec. Credit unions, card accounts, accounts with a monthly fee etc.

egrescrimp

FFrees is probably the best option then, they charge for cash withdrawls unless you pay a monthly fee to upgrade your account.

They don't currently do direct debits, but it's something they are planning on adding. You get internet banking, debit card and can do standing orders.

micky2phones

watcher27 wrote: »

So, are there any alternatives if Barclays still say no?

Nat west or co op did 5 years ago not sure if they still do

egrescrimp

micky2phones wrote: »

Nat west or co op did 5 years ago not sure if they still do

Neither of those will give an account to someone who is currently bankrupt.

tigerfeet2006

If you have to go for a paid for account then Cashplus is a good option.

http://www.mycashplus.co.uk/products/current-account.aspx

fermi

Has she checked credit reports and National Hunter?

Are you aware of anything that might be being flagged?

LoveLifeAgain

She can get her disability paid into a basic Post Office Account. If she rings the DWP and asks for a Post Office account they will send the forms. When filled they need to be taken to a Post Office with the ID requested. These are then sent on by them and a letter will arrive stating that you can open an account. Then the pin number arrives and if you take the letters, your pin number and ID to a Post Office they will activate the account and they will inform the government agencies to pay her money into the account. Then a card will arrive to be able to draw money.


I now have the letter and pin and awaiting an appointment at Barclays for Thursday and if they refuse me will go immediately to the Post Office and open that. Not ideal as you can only have cash and no other monies can be deposited into it other than government money, but it is a start and at least she will get her DLA.


Good Luck.