Management of finances

Broreb2

Is there such a thing as Appointee for folks who are not on benefits, would this be POA? There used to be a service that managed payment of bills when you sent the required amount. I'm guessing it would be a family member otherwise. 

DullGreyGuy

Wouldn't that be called direct debit?

A PoA would allow someone to control your financial affairs but that may give broader authority than you really want. Sounds more like you just want an assistant to do some boring financial housekeeping stuff. 

eskbanker

Broreb2 said:

Is there such a thing as Appointee for folks who are not on benefits, would this be POA? There used to be a service that managed payment of bills when you sent the required amount. I'm guessing it would be a family member otherwise. 

Are you thinking of deputyship perhaps?

Deputies: make decisions for someone who lacks capacity: Overview - GOV.UK (www.gov.uk)

Perhaps worth clarifying the circumstances in more detail?

Brie

If the person has capacity but just not the time or mobility etc to do their banking they could ask their bank to set up a TPA (third party authority) for someone they designate. 

I was added as TPA to my MiL's account as she was unable to get to the bank branch, couldn't manage to use an ATM, couldn't write or post cheques (not that anyone wanted to be paid that way).  It meant that I could have a debit card for her account and so was able to get money out of an ATM for her.  I was also able to set up online banking and thereby monitor her account and ensure that her bills were paid.  The bank (Natwest) actually sent someone to the hospital where MiL was at the time so that they could discuss this with her and ensure that it was what she wanted rather than me trying to scam her.  Had to do all the regular stuff similar to opening an account so had to have MiL's ID as well as mine so they could match the photos and ensure they were talking to the right people.  

The alternative is to simply take the individual's debit card and get their pin and access the ATM and account that way.  Which is fraud and can land people in a whole lot of trouble.  

eskbanker

Brie said:

The alternative is to simply take the individual's debit card and get their pin and access the ATM and account that way.  Which is fraud and can land people in a whole lot of trouble.  

Using someone's card and PIN without their consent is likely to be fraud, but doing so with their agreement won't be, even though it'll be a breach of the bank's Ts & Cs....

friolento

Many banks offer different types of 3rd party access. You find details of their offers on their websites.

Here is the Halifax one, for example: https://www.halifax.co.uk/helpcentre/support-and-wellbeing/someone-to-manage-your-affairs.html

Rob5342

It might help if explain exactly what it is that you want to do that a direct debit wouldn't take care of.