Best bank to set up a Deputyship bank account?

[Becurious]

We need to set up a new bank account as deputies for our son. Any recommendations of who to use?

[Loverabbits]

I just used the same bank that I had an account with, Lloyds. It was easier as I could already use the app.

[JacksDad in reply to Loverabbits]

Hi Becurious and LoverabbitsI stayed with Lloyds as that's who we had used previously and not had any problems with them over 12 years. I would avoid HSBC as I've used them for a trust account and their annual audit requirements are quite onerous

Best wishes

[Steve__]

Coop (and nationwide a bit) are ethical. I used them for this purpose... Don't want to use a bank that supports the bad practices that are the opposite of what the caring sector are trying to achieve!

I set up a joint account (me and caree)... Just means they have access in case something happens to you!

[greenapple123_]

I used who I bank with Barclays, they were great. I think you should use who you bank with all your security personnel details can then be linked to yours sons account.

[ssslondon]

I haven't used them but I understand Metro can help

[BeatriceH]

I set up my son with Monzo and have the app on my phone. He was previously with HSBC who I'm also with, but I couldn't use the app for his account and mine.

Monzo is a really well-designed app and small, ethical company, unlike the big banks who have dubious investments and don't care much about personal customers. I had a lot of trouble with HSBC overseas customer service explaining our situation and getting them to allow me to access his account.