Power of Attorney | NatWest

Power of Attorney

A guide to what it means

A guide to caring for vulnerable relatives

What is Power of Attorney?

A Power of Attorney is a legal document which an individual can have put in place that allows another individual/s to look after their financial and property affairs and/or their personal welfare. To register a Power of Attorney with NatWest we require your Power of Attorney document that deals with the financial and property affairs of the customer.

Depending on the type of Power of Attorney, the authority may be revoked if the customer loses the mental capacity to manage their own affairs, or allow the authority to continue once the customer has lost mental capacity.

Which Power of Attorneys do we accept?

There are several different types of Power of Attorney and it is important you use the correct one for your circumstances. When looking to choose which one suits your situation, we advise looking for more information on the different types of Power of Attorney, via the Office of the Public Guardian website on Power of Attorneys.

 

NatWest only accepts Power of Attorney documents drawn under the English and Welsh, or Scottish laws.

What can a Power of Attorney do?

 

The duties the Attorney can perform for the customer depends on the customers own capacity to run their financial affairs...

  Customer has capacity Customer lacks capacity
Signing Rights Both the customer and the Attorney will have the right to sign on the account. Only the Attorney will have the right to sign on the account.
Opening Accounts The Attorney can open accounts on behalf of the customer. The Attorney can open accounts on behalf of the customer
Closing Accounts The Attorney can close accounts on behalf of the customer. The Attorney can close accounts on behalf of the customer.
Setting up and cancelling Direct Debits & Standing Orders The Attorney can add, cancel or amend both Direct Debits & Standing Orders. The Attorney can add, cancel or amend both Direct Debits & Standing Orders
Statements The Attorney can order additional statements for the customer and have duplicate statements sent to their own address. The Attorney will have all statements sent to their address.
Cheque Book & Card The Attorney can have a cheque book and/or card in their name (as long as signing rules for the Attorneys are to sign jointly or severally). The Attorney can have a cheque book and/ or card in their name (as long as signing rules for the Attorney is jointly or severally).
Updating account details The Attorney can update account details with signed authorisation from the account holder The Attorney can update account details with signed authorisation from the account holder
Internet & Telephone access The Attorney can access the accounts via their own internet and telephony banking (as long as the Power of Attorney signing rules are to sign jointly or severally). The Attorney can access the accounts via their own internet and telephone banking (as long as the Power of Attorney signing rules are to sign jointly or severally).
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How to register a Power of Attorney with us & documents needed

To register a Power of Attorney with us, make an appointment with your local branch, you can visit any NatWest branch, it doesn’t have to be your home branch. Use our branch locator to find your nearest one .

  • Please bring with you the original copy of the full Power of Attorney document or a copy certified by a solicitor. Please be aware some Power of Attorney documents contain certificates which we will also need to view.  Please make sure the solicitor hands across all parts of the document.
  • We will need to see 2 forms of identification.  For acceptable identification please refer to the link below:
Required Identification

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