Absolutely.
We often suggest that you put us in touch with your solicitor or financial advisor when they are in the process of setting up the trust, as they can supply us with a copy of the Trust Deed as we will need this to open a personal injury trust bank account. With your permission, we can also supply them with the trust account bank account details when it is opened so they can transfer the funds from their client account if they receive any money awarded.
As your Monika account can also be used to store and view important documents such as the Trust Deed, your solicitor or financial advisor will be able to upload documents into your Monika account, and you can receive notifications when any new activity on your account occurs. You can receive notifications via email or message notifications within our free smartphone app.
You will also be able to see the balance of the personal injury trust account and view any stored documents as well along with lots of other features.
Open a PI Trust Bank Account by contacting our friendly banking support team.
