Financial Power Of Attorney with Banks

[PurpleSue]

I am a carer for my elderly uncle who put a lasting Power of Attorney in place when he had a spell of ill health.

 

There have not been any problems with the health side of the POA but when I went to his bank to register the Financial POA they said that once I registered it with them he would be denied all access to his accounts and I would resume all responsibility. I naively thought that the POA could be attached to his account ready to act on his behalf as and when needed.

 

I walked away from the bank at that time as I didn't want to deprive my uncle access to the money in his current account, he regularly walks to the bank to cash a cheque which in my mind keeps him fit and active.

 

My uncle is now in hospital and his mental capacity has declined further. Is there a way I can register the POA with the bank so I can take care of his financial matters and continue to do so without depriving him of the ability to cash a cheque when he returns home?

 

Alternatively can I register the lasting POA with the bank and then with the POA in place, instruct them to keep him as a signatory on his current account?

[silverfox1961]

Hi. Sorry you were missed.

 

just giving you a nudge on to todays posts