Executor bank account

Saugrenue1978

I am thinking of opening a joint executor bank account with my brother as we are both executors to our mother's estate. Has anyone had experience of Natwest? 

DE_612183

I used RBS ( which are part of NW ) - it was a pain I had to open a sole account, then make it joint, then make it  an executor a/c

p00hsticks

Yes, but not as a joint account. 
It was pretty painless, perhaps aided by the fact that I was already a Natwest customer. 
I opened a second personal account and then once probate was obtained took the paperwork in to a branch and they converted it into an executor account for me. It came with a chequebook, debit card and online banking. 

Only pain was that they didn't fully specify all the paperwork needed to do the conversion  and I ended up having to go back to get a copy of the will as well as the grant of probate and personal id.  

Runner_Duck

My brother and I used NatWest for an Executors' account, neither of us were previous customers. He opened it and then it was converted to make it joint. I went to my local branch with my ID, At that point it went a bit pear shaped as the branch sent my paperwork to the wrong internal department. That was all sorted reasonably quickly but the same thing happened when I took in the Grant of Probate.  Once opened it was all fine. 

Savvy_Sue

Saugrenue1978 said:

I am thinking of opening a joint executor bank account with my brother as we are both executors to our mother's estate. Has anyone had experience of Natwest? 

Not recently, but my co-executor and I managed to get to the same branch together to open one, which possibly simplified matters. It was, it turned out, a 'normal' joint account, with the 'Executors of' tagged on the front. I remember we couldn't do anything with it before we'd obtained probate and put some money in it (not unreasonably), but there was then a hiccup which required a lengthy branch visit and phone call to resolve once we did have probate and funds. Fortunately I didn't have to return to the branch where we'd opened the account, but could use one of my locals. 

It then worked very well, with online banking available and both of us able to see what was what. 

Fermion

DE_612183 said:

I used RBS ( which are part of NW ) - it was a pain I had to open a sole account, then make it joint, then make it  an executor a/c

We did something similar with RBS recently - opened a sole account (because we had to wait 6 weeks to get the original Will from the Intervention archives as the Solicitor was closed down by the Regulator!), then when the Will arrived the bank transferred my Mother-in-Law account funds into the account. There was no need to convert to an Executor account. We couldn't draw on the account until probate came through. The Bank had previously released funds to pay the funeral directors from my Mother-in-Law's account.