I have been advised to set up a trust fund to ring fence insurance compensation payment. I know that some banks will provide a trust account but the charges can be quite hefty. Can anyone recommend a bank whose charges are reasonable please? Are there any banks who do not charge for this service either I setting up the account or in administering the account?
I can assist facilitating opening Trust Accounts with Cater Allen. DM me for details if you wish.
Metro Bank are currently offering Trust Accounts - I am not aware of the charges but I have clients who have just set up an account with them.
Oh that’s really helpful thank you
Thank you. That’s very kind of you. I’ll bear this in mind