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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To wonder why I signed something at the bank at 9 years old?

29 replies

Libertyy · 25/11/2023 15:17

My parents took me to a branch in the 2000s and the man behind the counter showed me something probably a letter or a form I’m not sure what it was or what it even said and my parents told me to sign it. I remember this so vividly but I signed it anyway without knowing to ask questions. Now my mum is going back on her word and saying I wouldn’t have been asked to sign anything. So I’m curious what this could have been as it definitely happened. My first thought was maybe I wanted to sign something so they let me but they would have just said that

OP posts:
Allofaflutter · 12/01/2024 17:41

I signed for my bank account at age 9/10 back in the 80’s. Midlands as it was then. I remember it clearly as I went home and then practiced my signature in my scrapbook I still have as I didn’t know that they were a thing until then and it seemed very grown up. I got something with a griffin on it if I remember clearly.

MILTOBE · 12/01/2024 17:43

Do you usually trust your mum?

TheShoulder · 12/01/2024 18:21

Kedece · 25/11/2023 16:37

Who knows what you signed but if it was not opening a savings account then might it have been cashing in a trust fund that was invested for you because they needed the money? At worst that might have been invested by a relative for you but only you could know if that might happen and if your parents might have hit difficult times financially! It could have been an investment they made for you but then realised they needed the money and had to cash it in

If the OP was 9 her parents would surely be in control of any trust fund etc. There's no way a 9 year old would be allowed to be an actual signatory on an account

A bit late to the thread but I remember doing this when I was 8 too, @Libertyy.

it was a sample signature for my children’s bank account.

This was the 80s though. A 9 year old could be a signatory on a bank account back then. I remember taking money out of my account on my own for the first time when I was 10. It was the first time my best friend and I had been allowed to go shopping on our own. I rang my mum from a pay phone to ask if I could take out £10 to buy a skirt in British Home Stores 😂 I had to go to the branch that held the account and fill in a form to make a withdrawal.

I think I was 14 when I got my first chequebook but you couldn’t get the cheque guarantee card to go with it until you were 18 😂 Shops wouldn’t accept them without a card but you could use them to pay for things like mail order or club subscriptions etc. I was very excited because they sent me a premium picture chequebook on my 14th birthday for free 😂 Usually you had to pay for them. The plain ones were free. It had watercolours of British wildlife on each cheque 😂

My DC were a bit older (11/12) when their accounts stopped being joint accounts with a parent (2010+). They did have online bank accounts when they were toddlers though, which no one ever believes! When online accounts were new, DC were allowed to have online banking until the banks realised that was a legal and tax evasion can of worms.

katseyes7 · 12/01/2024 21:14

I had a child's savings account with TSB when l was young, it was one of those where you had a plastic 'money bank' to save up, then you took it to the bank and paid it into your account.

Twenty years later, when l was engaged and planning to get married, l wanted to withdraw the money from the account. Had no end of trouble getting it because 'my signature was different from the original'.
I must have been about seven when the original was set up. Not really surprising that my handwriting had changed in two decades.

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