My first post - am hoping there's someone out there who can pass on words of wisdom!
Mum as been recently diagnosed with Alzheimer's, it's early days and she lives independently and is doing really well.
However, I've got some concerns about her money management - in that she has on a couple of occasions, withdrawn large amounts of cash from her account - most recently today - almost £300 in 5 separate ATM transactions. Not sure if this is memory, judgement or a determination to enjoy herself while she can! To be fair - i can and have talked to her about this and she's keen to find away to limit herself and she suggested not taking her cash card next time she goes to bingo.
I called her bank to explain the situation and ask for some general advice on how to manage this, and asked if they could reduce the daily ATM withdrawal amount to £100 to be advised that their daily limit is £350 and there's no movement on this.
I was really shocked at the lack of flexibility and wondered if anyone has any better experiences with other banks.
thanks
Mum as been recently diagnosed with Alzheimer's, it's early days and she lives independently and is doing really well.
However, I've got some concerns about her money management - in that she has on a couple of occasions, withdrawn large amounts of cash from her account - most recently today - almost £300 in 5 separate ATM transactions. Not sure if this is memory, judgement or a determination to enjoy herself while she can! To be fair - i can and have talked to her about this and she's keen to find away to limit herself and she suggested not taking her cash card next time she goes to bingo.
I called her bank to explain the situation and ask for some general advice on how to manage this, and asked if they could reduce the daily ATM withdrawal amount to £100 to be advised that their daily limit is £350 and there's no movement on this.
I was really shocked at the lack of flexibility and wondered if anyone has any better experiences with other banks.
thanks