Frequently Asked Questions – Named Carer & Shared Carer Cards
Yes, of course. The Money Carer Foundation pioneered the concept and launch of carer cards back in 2012. Issuing cards for carers is an integral part of the platform and the system allows deputies and attorneys to put in place spending and balance parameters to safeguard clients.
This is very helpful to demonstrate that deputies have suitable due diligence and oversight of client funds made available to carers of case managers.
A shared carers card is a card that has been designated for use by different carers or support workers.
This is a very popular service used by thousands of carers who support the clients of The Money Carer Foundation and each carer is verified within the Monika system as an authorised user as part of the clients ‘circle of care.
Deputies, attorneys and appointees are able to also able to use the shared carers card service in the same way, however, the carer verification process is undertaken by each organisation separately and the liability of any fraudulent activity or misappropriated funds remains with that organisation. A disclaimer statement is required for this purpose.
We recommend that deputies, attorneys or appointees make use of the Monika sweep system so that balance controls (and hence a simple risk reduction policy) can be put in place to demonstrate due diligence and oversight.