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care2
Starting Member
4 Posts |
 Posted - 20 August 2009 : 22:04:33
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| Can I keep a Post Office account to pay m benefit into while I go br? |
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 20 August 2009 : 22:26:48
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I would think you would be ok. The account is only used to pay benefit into.
Hopefully one of the experts will be along to confirm.
The glimmer gets brighter all the time
Jan
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gettingoutofdebt
forum expert
2418 Posts |
Posted - 21 August 2009 : 07:15:47
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Is the Post Office account a 'basic' bank account? If so, it should be fine but you should be aware that it may be frozen for a few days when you declare BR so you should withdraw any money you need the day before you declare BR.
If you want to be 100% safe then you can open a Co-op Cashminder account before declaring BR and arrange for your benefits to be paid into this account. |
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Housing
Senior Member
United Kingdom
1399 Posts |
Posted - 21 August 2009 : 08:11:35
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Hi Care 2 
I am pretty sure if its the basic post office account for receipt of benefits it should be oK - but as already said, withdraw the expences that you will need for a few days as it is likely to be temporarily frozen.
My bestdecision was to open a Co-op Cashminder account - they are very BR friendly and you can pay direct debits etc from the a/c
Good luck, Richard
"There are no problems - only solutions..." |
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Sparkle83
Junior Member
258 Posts |
Posted - 21 August 2009 : 11:24:33
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yeah, although the OR would have been happy for me to keep my halifax cashcard, halifax closed it anyhow. For peace of mind, get the co-op cashminder.
Weeks of BR
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(EDREV received and returned at exactly 24 weeks)
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 21 August 2009 : 19:08:44
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If it is for benefits, it's not a proper account as such - it is only used by DWP to pay benefits into, nothing more.
Remove any money, but I doubt the OR will be interested in it.
The glimmer gets brighter all the time
Jan
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 21 August 2009 : 21:41:44
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I'm sure the Post Office account that is for benefits only is one of the BR friendly ones.
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
25 IPA payments made, 11 to go - on the home straight! |
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Can I keep a Post Office account to pay m benefit
