Enduring Power Of Attourney

[bednobs]

I have an EPA for someone, given to me back in the day before they changed to be Lasting powers of attourney.
My understanding is that unless the person is losing capacity, EPAs do not have to be registered and i can use the EPA to act as if i were the person in a financial purpose.
I want to go into a branch of their bank and move some money between accounts of theirs (from ISAs to current account)
They still have capacity, but not the physical ability to go to the bank. Can i do that?

[barry1010]

Yes you can, for confirmation read this
https://www.gov.uk/use-or-cancel-an-enduring-power-of-attorney#:~:text=An%20enduring%20power%20of%20attorney%20(%20EPA%20)%20is%20a%20document%20that,property%2C%20money%20and%20financial%20affairs.

[bednobs]

do you know if i can just go into the branch, or will i have to make an appt?
i am already sensing i will come up against some jobsworth who hasn't read that link!

[Buenchico]

You can use the EPA (before the donor loses mental capacity to act) at any time, as long as you have the donor's permission. So all you and the donor will need to do is to check on the bank's requirements for proving that such permission has been granted. They might, for example, simply accept a signed letter from the donor but they could equally insist upon further proof of permission (such as you presenting the donor's passport or other ID document). So start by contacting the bank.

That's actually no different to the situation where no EPA (or LPA) exists at all. Anyone can authorise someone else to carry out financial transactions on their behalf.

[bednobs]

i dont live in the same georaphical area, but i have the actual epa, is that likely to do? (nationwide)

[barry1010]

You will find this very helpful
https://www.nationwide.co.uk/help/third-party-access/

[bednobs]

you are right - did!

[bednobs]

thanks again all, i managed to go into branch and they helped me with the form, and now have to wait 10 ish days

[barry1010]

That's good to know, bednobs. Did having the EPA help?

[bednobs]

I have registered it either through but have to wait 10 days. They also want to see the passbook, card and certificates:(

[barry1010]

That's good, really. Pain in the posterior but they have to be sure it's all above board

[bednobs]

well considering i want to take out all the money, i should hope so!

[barry1010]

Give me some, I won't tell

[bednobs]

thanks for all your help, i just managed to do it all in time before the person died