I opened my daughters at Santandar in 2006 as it was her dads bank. The manager told me that when she turned 16, (I’m sure it was 16 in the beginning. Not sure if it was changed to 18 when it was moved online?) she could walk into this bank with her ID & withdraw it. Partner set up a SO & I was able to deposit money/cheques in-house.
Since they closed, her fund has been moved to multiple online companies, without my knowledge or consent. She turns 18 in October, it took me days to find her account. Days. She has just over 3k in it. If her dads SO wasn’t cut-off, (he’d forget after a while, till an annual statement came from anyway) if I had been able to just walk in & deposit bday money etc rather than her spend it all on eyelashes, she would’ve had a pretty solid financial foundation to build on. Even if she gave herself a couple of grand play money.
I mean, she’s chuffed with that but it wasn’t a lot of money before CoL crisis, let alone now.
It’s almost like the government WANTED us to forget or made it hard on purpose. If we had changed address, I could honestly say we would’ve lost track & she would never have seen a penny.
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I opened my daughters at Santandar in 2006 as it was her dads bank. The manager told me that when she turned 16, (I’m sure it was 16 in the beginning. Not sure if it was changed to 18 when it was moved online?) she could walk into this bank with her ID & withdraw it. Partner set up a SO & I was able to deposit money/cheques in-house.
Since they closed, her fund has been moved to multiple online companies, without my knowledge or consent. She turns 18 in October, it took me days to find her account. Days. She has just over 3k in it. If her dads SO wasn’t cut-off, (he’d forget after a while, till an annual statement came from anyway) if I had been able to just walk in & deposit bday money etc rather than her spend it all on eyelashes, she would’ve had a pretty solid financial foundation to build on. Even if she gave herself a couple of grand play money.
I mean, she’s chuffed with that but it wasn’t a lot of money before CoL crisis, let alone now.
It’s almost like the government WANTED us to forget or made it hard on purpose. If we had changed address, I could honestly say we would’ve lost track & she would never have seen a penny.