Power of Attorney Management Account
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When authorised by the Office of the Public Guardian (OPG) to act as a Property and Financial Affairs Attorney under a Lasting Power of Attorney (LPA), you are responsible for managing a donor’s finances with accuracy, transparency and in their best interests. To support this role, Money Carer has developed a dedicated Power of Attorney Management Account, built on the Monika platform — simplifying financial management for attorneys while supporting the donor’s wider circle of care.
Free to use and simple to open*
FSCS protected for added security
Built-in welfare benefit checks and entitlement calculator
Secure storage and sharing of DWP letters and key documents
Automated balance limits and personalised fraud alerts for safeguarding
7-day Current Account Switch Service to transfer existing accounts
Instant access to statements via online portal and mobile app, with Open Banking connectivity
Entry onto the Vulnerability Registration Service
Access to expert support from the Money Carer Foundation
What do you need to open the Power of Attorney Management Account?
A copy of the DWP BF57 document (your appointee confirmation)
Name of vulnerable person under appointeeship
Address and date of birth details of vulnerable adult
Basic identification documents for KYC (Know Your Customer)
Sort code and account details of old bank account (if switching)
Request more info
Appointeeship
Deputyship
Banking
Money Management
Direct Payments
Families
The Money Carer Card
Payment Wearables
Finger Print Payment Card