Anyone have experience of doing this? Although the majority of my Mum's money (I have a registered EPA) is with one of the biggest banks, it's over even the soon to be raised guaranteed level and I'm starting to worry - especially as we'll be out of the country for 6 days in mid-October.
Currently, money is with two institutions and it'll mean more juggling to transfer interest earned into the current account each month to help meet the home fees, but that beats losing a large chunk of it (and, if I'm allowed to be selfish for a moment, what inheretence I may be left with).
Is the process easy? How long does it tend to take? Any clues and advice more than welcome.
Currently, money is with two institutions and it'll mean more juggling to transfer interest earned into the current account each month to help meet the home fees, but that beats losing a large chunk of it (and, if I'm allowed to be selfish for a moment, what inheretence I may be left with).
Is the process easy? How long does it tend to take? Any clues and advice more than welcome.