Dro and current bank account
Sophs2345
Posts: 20 Forumite
Has anyone opened up a current bank account before a DRO and haven't had it downgraded or frozen?
I'm currently with HSBC but they will be going down as creditors. I've also got a Co op cash minder account that I use for Bills only. ( I have no debt with Co op ).
I have just opened a nat west current account but I've heard that check the insolvency register and will either freeze account or downgrade it.
Is there any banks that don't do this after a DRO?
I like to have 2 bank accounts one for bills and one for spending.
I can't open a Barclays as I have debt with them.
Is there any other banks that won't check the insolvency register. I think I am really going to miss the contactless!
Be kind please. I'm here for advice not lectures.
Tia
I'm currently with HSBC but they will be going down as creditors. I've also got a Co op cash minder account that I use for Bills only. ( I have no debt with Co op ).
I have just opened a nat west current account but I've heard that check the insolvency register and will either freeze account or downgrade it.
Is there any banks that don't do this after a DRO?
I like to have 2 bank accounts one for bills and one for spending.
I can't open a Barclays as I have debt with them.
Is there any other banks that won't check the insolvency register. I think I am really going to miss the contactless!
Be kind please. I'm here for advice not lectures.
Tia
0
Comments
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Monzo won’t close it. Contactless card and good budgeting features in the app such as pots and bills pots.
When I did my DRO, I opened a tsb current account a few days before it went through. They’ve let me keep it and never downgraded or anything. Been using it for years now0 -
Fab thanks Mrlolly.0
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