Trustee Bank Accounts
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Hi all, I wondered what the consensus was in terms of trustee bank accounts?
There don't seem to be a lot on the market anymore and we are struggling to find ones which don't require a dedicated minimum of inflows each year i.e. Cater Allen £1m.
Thanks
Sophie
Comments
We can provide access to Cater Allen and have in place a support service for this if you are interested. Email me at richard.gough@createwealth.co.uk
We recently used Metro (which does have some costs, but not massively high if reasonable amount to be held in account), then used this account to transfer to a trust account with Insignis to get a decent rate of interest. A real shame that Insignis require the feeder bank account as otherwise would be much simpler.