Trust
corporation
bank accounts
Trust Corporation Bank Accounts
List of Features
- Bank account opening in P’s name in minutes
- Secure online account and smartphone App access 24/7
- FSCS protected deputyship bank accounts to £85.000
- 6-month temporary FSCS protection to £1 million*
- Prepaid Mastercards for P’s personal budget or carer shopping
- Suspicious transaction alerts based on clients spending habits
- Send emergency payment vouchers instantly via email/SMS
- Missed welfare benefit payment alerts
- Automated unclaimed welfare benefits monitoring and alerts
* 6-Month temporary FSCS protection is for high value initial transactions such as compensation payments or property sale procedures etc.
Trust Corporation Bank Accounts and Solutions
We understand the frustrations that professional deputies, trustees and attorneys experience when trying to open bank accounts for vulnerable clients within a trust corporation structure.
Our new trust corporation bank accounts are provided by our banking partner Zempler Bank and the service has been launched to further support professional deputies having listened to the ongoing challenges they often experience when trying to access trustee banking services.
Our online bank account opening process is simple and quick and reduces costs for our professional partners along with their clients.
The streamlined process of opening a trust corporation is essentially the same as opening a deputy or attorney bank account with the main difference being that we will undertake the KYC requirement (Know Your Customer) to reflect all the Named Directors of the trust registered at Companies House.
Our banking team would be very happy to discuss the straightforward proces with you and to get started, please complete our contact form and we will be in touch very shortly.
