Old Abbey Tessa accounts

Dubb_2
Dubb_2 Posts: 8 Forumite
Part of the Furniture Combo Breaker First Post
edited 9 March 2020 at 3:45PM in Savings & investments
Just sorting out my study and was just about to shred some old bank accounts and happen to notice the word TESSA. I quickly picked it up and found letters dated 1996 from Abbey national advising that the Tessa I took out in 1993 in my wife's name and one in my name advising that each were worth over £7500. I had forgot about these as I have spent the past 35 years travelling around the world with the Army moving every 2 or 3 years. Further more I found another savings account {SAYE} worth £800. How stupid of me. How ever considering the age of these accounts and that Abbey is now Santander my current account holder can I still cash these in vie Santander. Note: I have a letter from my Abbey branch manager advising in 1994 that my accounts were safe and everything will be held by Santander.  Help  

Comments

  • Albermarle
    Albermarle Posts: 26,983 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    Suggest you contact Santander , with the account numbers and the last known address they had for you. 
  • Dubb_2
    Dubb_2 Posts: 8 Forumite
    Part of the Furniture Combo Breaker First Post
    Hi Albemarle, is there any age limit on such accounts as they6 matured in 1999
  • cattie
    cattie Posts: 8,841 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 9 March 2020 at 2:21PM
    You should be fine. A few years back I realised I'd had money in Abbey National I hadn't accessed for years, due to being ill over a prolonged perion. One of these was a PEP, which superceded the Tessa accounts. I'd changed addresses too. I went into my local branch with the details of the accounts i'd held & it turned out my accounts had been considered dormant due to no access or contact from me for so long & Abbey had of course by then been known as Santander for some time.  I eventually arranged for the PEP to be transferred to a S&S isa held elsewhere, withdrew the cash & closed the accounts compeletly.

    The bigger the bargain, the better I feel.

    I should mention that there's only one of me, don't confuse me with others of the same name.
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