A third-party authority is a short-term agreement between you (the ‘donor’) and someone you trust (the ‘third party’). This could be a family member or close friend who can access your bank accounts and pay bills or withdraw money on your behalf.
It’s only valid with us, so if you have accounts with other banks or building societies, you’ll need to set up a similar arrangement with them.
If you need help with other things such as contacting utility providers or companies, other types of access, such as a power of attorney, may be more suitable.
Who’s it suitable for?
It may be suitable if you need help managing your finances in the short term, for example:
Who isn’t it suitable for?