We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Accounts for Trustees to manage
Options
Comments
-
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.
0 -
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.1
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.7K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards