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Topic starter
24/09/2012 1:45 pm
Could someone clear this up for me.
I have a select silver account with the rbs, its just a simple current account with no lending facility and i only have a visa debit card for the account.
If i go for a trust deed will i then have to or will the rbs close this account and force me onto there basic account?
I have been told by one person they would then was told by someonelse they wouldnt.
Anyone know the answer to this?
24/09/2012 2:22 pm
Hi james83.
If you have any debts to RBS you'll need and want to move to a new bank altogether.
As I understand it only the basic account offered by RBS is available to persons in a trust deed. If you don't change to it nothing may happen, or you may find that the account is suddenly closed leaving you without a banking facility until a new one is set up.
The best thing would be to check directly with RBS though.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
Topic starter
24/09/2012 3:08 pm
thanks for quick reply.
I dont have any debts with RBS so was hoping i wouldnt have to close this acoount but will contact RBS directly first. thanks
25/09/2012 1:13 pm
think the best idea is to open new accounts before the trust deed starts then you should be ok, so long as you dont have debt to any or indeed any in same group like rbs/natwest or halifax/bos etc
