Are there any banks that still offer bank books?

Robin9

xylophone wrote: »

Not so - either of the parties could operate the account and on death of either, the survivor would advise the death to the bank but could continue to operate the account.

I agree on death - the situation I believe can be a problem is when one signatory has a stroke or dementia

Jlawson118

Just an update, my grandad's results unfortunately came back a lot worse than we initially thought, so he has advanced a lot quicker to sort bank accounts out.

He has switched his First Direct account to Halifax as it's the nearest branch to us. Opening a joint account with them. He's set up internet banking and given me the details to access it for my grandma for whenever she'll need it and be able to manage the bills for her and check the account balances whenever she needs it

Zanderman

Jlawson118 wrote: »

Just an update, my grandad's results unfortunately came back a lot worse than we initially thought, so he has advanced a lot quicker to sort bank accounts out.

He has switched his First Direct account to Halifax as it's the nearest branch to us. Opening a joint account with them. He's set up internet banking and given me the details to access it for my grandma for whenever she'll need it and be able to manage the bills for her and check the account balances whenever she needs it

You should try to regularise this using a Lasting Power of Attorney. Just giving you the log-in details might seem to be enough but it's breaking all the bank's rules.

Financial LPA isn't as difficult to set up as you might think. You can do it DIY but you need to follow the guidance carefully. There's a payment to Office of Public Guardian for them to 'register' it after it's been filled in. Once registered it can be used.

I and my siblings have just begun to use the LPA for our mum, 88 and ailing, as whilst she still has 'capacity' she is easily confused. The LPA was registered ages ago but a few weeks ago we took the documentation to her banks (NatWest and lloyds) and got ourselves officially signatories, officially online, and with our 'own' debit cards for her accounts with no trouble at all. This means we can, if we need to, do anything with her accounts - officially.