Banking under Enduring Power of Attorney

David Hansen ukcrypto at chiark.greenend.org.uk
Thu, 09 Apr 2009 08:30:17 +0100


On 8 Apr 2009 at 21:26, Florian Weimer wrote:

> | It is even possible to set up a Dual Administration system, where a
> | second independent user must authorise any actions, such as
> | payments.
> 
> <http://www.rbs.co.uk/corporate/electronic-services/g1/bankline/admin-options.ashx>

I have used such a system, with another bank (though these days most of 
them are our banks). If memory serves me correctly we had the choice of 
all, none or some transactions being authorised by more than one 
person.

However, that was in the days before Internet based banking systems.





-- 
  David Hansen, Edinburgh 
 I will *always* explain revoked encryption keys, unless RIP prevents 
me   
http://www.opsi.gov.uk/acts/acts2000/00023--e.htm#54