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Accounts for Trustees to manage

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  • xylophone
    xylophone Posts: 45,933 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You appear to be correct according to their website.  However, I went onto Chat, on Monday or Tuesday and Skipton confirmed their Trust Account but said, minimum opening balance £10k.

    Are you sure that you made it clear that what is required is


    The CHILDREN'S TRUST SAVER?


    NOT  The Trustee Savings Account?

    I believe that Skipton offer both.


  • xylophone - Thank you, once again for your comment.

    Yes, I did make it abundantly clear but, as is all too common these days, I received duff information which I even queried.

    I have looked at the account which is ideal.  £1 to start, 3,5% variable interest, £50,000 limit, withdrawals available and designed for a Bare Trust.

    Forms already downloaded and a new tenant in today so all is well.  Thank you for your contribution.
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