Supported Living Payment : Contents
Bank account
Unless there are special circumstances, it is a condition of every benefit that the client provides or opens a bank account or membership to a credit union to receive their benefit payment.
Bank
An appropriate bank is:
- a private savings bank, a trustee savings bank or The Co-operative Bank
- a registered bank which on the 31st March 1987 was a trading bank or
- any other registered bank or a building society approved by the Minister after consultation with the Minister of Finance
For more information see:
- Processing standards Bank account [no link find out why]
Legislation
- Beneficiary must hold, and give MSD details of, bank account section 111 Social Security Act 2018
