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| T O P I C R E V I E W |
| David F |
Posted - 02 February 2010 : 10:08:02
Hi All,
I currently have my JSA paid in to my Barclays current account which I appreciate will be frozen once I go BR, I am planning to go BR in about 2 weeks time. I have opened a Co-op Cash Minder account but should I temporarily change my JSA to giro payments now, and then get the JSA paid in to the Co-op account once the OR has released the account?
Also should I tell the Co-op that I plan to go BR or just contact them once the OR has released the Cashminder account?
Many thanks for any help you can give.
David |
| 4 L A T E S T R E P L I E S (Newest First) |
| David F |
Posted - 02 February 2010 : 14:01:03
Hi Gettingoutofdebt,
Many thanks for your help.
I am due to sign on this week so I will get it changed over to the Cash Minder account then.
All the best,
David |
| gettingoutofdebt |
Posted - 02 February 2010 : 12:33:59
You may as well move them to the Co-op account as the account is already set up. |
| David F |
Posted - 02 February 2010 : 12:25:47
Hi Gettingoutofdebt,
Many thanks for the reply.
I have received all of the Co-op Cash Minder details, I already have the card, pin and welcome pack as I opened the account about 2 weeks ago. Sorry if this was not clear in my original post.
Based on this, should I still change the JSA payments to Giro before I go BR or just move them to the Cash Minder account now?
Thanks again for your help.
David |
| gettingoutofdebt |
Posted - 02 February 2010 : 10:43:43
There is no problem in telling the Co-op that you are going to declare BR and it is better to be upfront. I told them that I was declaring when I spoke to them to open the account and there weren't any problems with the account being opened.
The Co-op Cashminder account shouldn't be frozen but it can take up to 10 days for you to receive the account details. I would change the JSA to giro payments now, and then once you receive the Co-op account details, get them paid into the Co-op account. |
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