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Nationwide Trustee (old type) Accounts

I manage a small Nationwide Trustee Account as Secretary of a World War Two RAF Squadron Association. The Association's small amount of money is managed through the old Passbook type and, while requiring manual updating of the Passbook being a bit of a chore, the local Nationwide Branch is only 10 minutes away. I have been told by the Manager that in early 2021 all of these old type accounts will be closed. There don't seem to be many options for us to continue with a specific account for the Association. I'm being told by a couple of banks that I would have to have some sort of current account.
What accounts would you advise I look at to maintain the current management type i.e. Two signatures, monthly updates, Bank Transfer identities shown etc.?
In my nearby town I have Lloyds, Nationwide, Coventry Building Society and, HSBC and Santander.
Thanks.

Comments

  • Lloyds have their Treasurers account for club/society with a t/o under £50k per annum.
    You would need to open it online (check if they are opening them at present), they do not open them in branch.
    The only branch involvement will be to take and copy the ID to be scanned to the business department.
  • Thanks 'JonesMUFCforever' I only checked Lloyds website and I suppose I missed that one.
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