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Elderly investor
u14298
Posts: 2 Newbie
I am trying to help elderly relative move his savings to an account with a reasonable rate... he is currently getting 0.2% and would be looking for a one year fixed account...
The problem is that he is in his mid nineties and has neither a passport, a driving licence (he is partially blind), a mobile phone, nor an email address... without any of these how can he take advantage of the various higher rate accounts now available?...
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Comments
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It appears possible to open this by post.
https://www.kentreliance.co.uk/bonds/1-year-fixed-rate-bonds/
Re identification
https://online.kentreliance.co.uk/bankfastApply/Files/ID.pdf
His state pension letter/council tax bill/bank statement etc might suffice.
You could give them a ring - I've always found KR staff helpful/.0 -
What rates are on offer with the bank/building society where they currently hold their money?0
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