Teenage bank accounts

[icantseemytoesanymore]

My ex wants to open a bank account for our 14 year old daughter. In theory I'm fine with this providing he can't withdraw money from it himself. Does anyone know of any accounts where a 14 year old has sole access rights? Oh and she's a really sensible girl so I'm not worried about her withdrawing the lot and blowing it in Top Shop!

er, yeah, the account will be in the child's own name and they will be the only one able to access the money. That's great ahat her dad wants to do that for her.

I don't think you can open a current ccount these days unless you can show that there are regualr deposits ie from a salary.

yes eg halifax do child's account they can open in their own name from age 8

at 14 even more options eg basic card account (with a limit)

www.thisismoney.co.uk/savings-and-banking/article.html?in_article_id=470613&in_page_id=7

I've just opened an account at Santander for my 14 yo. I'm sure that I couldn't get at her money, it's her account, in her name. She has a cashpoint/debit card but as it's a teen account, there's no way she can become overdrawn.

I did a lot of research at the end of last year on bank accounts for my teens. We opened them at lloyds TSB as their account had the best facilities (equalled with other banks), plus it had a decent interest rate.

The kids have atm cards and their own pin numbers, bank statements get sent to them, it has nothing to do with me at all other than being the parent that had to sign so they were allowed to open the accounts.

Thanks for all the responses! While I agree with you Ladydeedy that's it's great he's doing this I want to make sure only she has access to her money.I want her to be able to spend it on whatever she wants whenever she wants without being questioned by her dad why/what she has bought etc. (which he would do!).He already banks with Lloyds so I'll suggest he sticks with them Bluemoonrising as that sounds ideal.

Thanks again everyone. What would I do without all you fab mumsnetters