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Opening an isa with POA
ANGLICANPAT
Posts: 1,455 Forumite
Im using POA to open an ISA for the donor. T there are two attorneys who can act either on their own or with each other . When opening an account it always gives space for all the attorneys to go through the tedious process of id etc . If only the one attorney is going to be active, (the one who is already a member of the bank in question,so less id req ) is it mandatory to have to mention the second attorney ? (I appreciate if attorney 1 kicks the bucket , no2 will then have to apply for themselves .)
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It depends on how the question is phrased, is it asking for details of all attorneys or asking who's going to be running the account?ANGLICANPAT said:is it mandatory to have to mention the second attorney ?1 -
It does say signed by all attorneys, but to me that is open to interpretation if not all attorneys are going to be having anything to do with it (I know its pretty clear , but you start thinking that way when the other attorney is having difficulty supplying proofs!) I just thought there might be a standard 'rule' someone knew about that made it legally necessary for all named attorneys to supply id's. (It doesnt mention about who is running it) Ill give bank a ring when Ive got an hour to spare on the phone, if the other id's dont turn up soon.0
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Which part of "all attorneys" is open to interpretation? Which part of "all attorneys" is ambiguous? 🤔ANGLICANPAT said:It does say signed by all attorneys, but to me that is open to interpretation if not all attorneys are going to be having anything to do with it (I know its pretty clear , but you start thinking that way when the other attorney is having difficulty supplying proofs!) I just thought there might be a standard 'rule' someone knew about that made it legally necessary for all named attorneys to supply id's. (It doesnt mention about who is running it) Ill give bank a ring when Ive got an hour to spare on the phone, if the other id's dont turn up soon.
Or are you interpreting "all attorneys" to mean "not all attorneys"? In which case you might need to give your head a wobble.
"All attorneys" really couldn't be more explicit.0 -
BIB have you missed out ‘not’🤔bundoran said:
Which part of "all attorneys" is open to interpretation? Which part of "all attorneys" is ambiguous? 🤔ANGLICANPAT said:It does say signed by all attorneys, but to me that is open to interpretation if not all attorneys are going to be having anything to do with it (I know its pretty clear , but you start thinking that way when the other attorney is having difficulty supplying proofs!) I just thought there might be a standard 'rule' someone knew about that made it legally necessary for all named attorneys to supply id's. (It doesnt mention about who is running it) Ill give bank a ring when Ive got an hour to spare on the phone, if the other id's dont turn up soon.
Or are you interpreting "all attorneys" to mean "not all attorneys"? In which case you might need to give your head a wobble.
"All attorneys" really could be more explicit.1 -
Errr ........ yes! Thanks Mrs Badger. I've changed it. 🫣badger09 said:
BIB have you missed out ‘not’🤔bundoran said:
Which part of "all attorneys" is open to interpretation? Which part of "all attorneys" is ambiguous? 🤔ANGLICANPAT said:It does say signed by all attorneys, but to me that is open to interpretation if not all attorneys are going to be having anything to do with it (I know its pretty clear , but you start thinking that way when the other attorney is having difficulty supplying proofs!) I just thought there might be a standard 'rule' someone knew about that made it legally necessary for all named attorneys to supply id's. (It doesnt mention about who is running it) Ill give bank a ring when Ive got an hour to spare on the phone, if the other id's dont turn up soon.
Or are you interpreting "all attorneys" to mean "not all attorneys"? In which case you might need to give your head a wobble.
"All attorneys" really could be more explicit.0 -
lol, well I did say it was pretty clear, but under pressure I CAN see a smidgen of hope that perhaps it means (or rather you could get away with meaning ) all the ones who need to be involved . Pity , now Im stuck till the other POA returns and makes another attempt to find sufficient id which is in date etc .1
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