Can anyone help with advice on opening a bank account with a limited amount of money in it?
My mum is shortly moving back home 30 miles away from me with 24hr care. She has only recently been diagnosed with dementia and is obviously finding it all a big shock. We have PoA but it would be much easier for me and perhaps more dignified for her if she could still have access to a certain amount of money by using a debit card. The carers will rotate every 3 weeks so it's not practical to open an account for them to access. I know that banks operate accounts for 16yr olds which do not allow overdrafts, but I haven't been able to track one down for a 76 year old!
My mum is shortly moving back home 30 miles away from me with 24hr care. She has only recently been diagnosed with dementia and is obviously finding it all a big shock. We have PoA but it would be much easier for me and perhaps more dignified for her if she could still have access to a certain amount of money by using a debit card. The carers will rotate every 3 weeks so it's not practical to open an account for them to access. I know that banks operate accounts for 16yr olds which do not allow overdrafts, but I haven't been able to track one down for a 76 year old!