referral for new Trust account

determination1

Hi, I am the trustee of a Trust account very soon to be closed by the Lloyds bank. I am wanting to open an account with Cater Allen but understand there needs to be a referral from a professional (accountant, solicitor) who is registered with/does business with/connected with Cater Allen bank.

Has anyone had experience of this and if so how do I find a relevant professional who can do this for me. The beneficiary has to have their personal injury compensation held in trust otherwise they will lose significant benefits. Many thanks.    

northwalesd

I am one of the trustees administering a Cater Allen personal injury trust fund for my brother, it sounds like very similar circumstances to yours. Unfortunately I have no further advice as we were in toduced by the solicitor who was acting on behalf of my brother. I do find CA's systems quite difficult to work withand quite cumbersome, but I guess as a trust fund that's not really a bad thing.