Trust Instant Account - Harpenden Building Society

Online application process

Applying only takes a few minutes to complete and we normally open accounts within 5 days.

Available to all UK based Trusts.

If multiple signatories are required the account can be opened online but you must operate the account by post.

To complete your application, you will need a copy of your trust deed or will and either your UTN (10 digit) number or your URN (6 digit) number.

To begin the process, please view and complete the checkbox below to confirm you have read all of these documents.

Product summary box – Trust Instant account*

Product summary box – Trust Instant account *

Trust Accounts checklist: what will I need before applying?*

Trust Accounts checklist: what will I need before applying? *

FSCS information sheet*

FSCS information sheet *

General business deposit accounts terms and conditions*

General business deposit accounts terms and conditions *

Online terms and conditions*

Online terms and conditions *

Privacy notice*

Privacy notice *

Confirmation*

I confirm I have viewed and read the above documents *

All fields throughout marked with a * are mandatory to be completed.

Online application process

Please overtype or select your answers in the fields below.

Name of Account applying for*

Opening deposit amount (£)*

Please enter a number greater than or equal to 10000.

(minimum amount required is £10,000)

Source of initial deposit*

Source of ongoing deposits (if applicable)

Harpenden Building Society is covered by the Financial Services Compensation Scheme (FSCS). Providing the eligibility criteria is met (details of exclusions can be found at www.fscs.org.uk and on the FSCS Exclusions list provided) eligible deposits with the society are protected up to a total of £120,000 by the FSCS, the UK’s deposit protection scheme. Any deposits held above the £120,000 limit are not covered

Please upload your Trust Deed or Will*

Max. file size: 2 MB.

About the trust

Trust Name*

Type of Trust*

Please add either the Trust Unique Tax Reference Number (10 digits) or the Trust Unique Reference Number (6 digits)

Trust Unique Tax Reference Number (UTR)

Trust Unique Reference Number (URN)

Correspondence Address for the Trust*

Trust Contact number*

Nature and Purpose of Trust*

How do you expect the trust to be used? (For example, long term savings, care home or school fees)*

Expected lifespan of the Trust*

Where are the funds held currently?*

Name of Solicitors firm (if applicable)

Name of Bank where deposit will be received from*

Account number

Sort code

How often do you expect to use the account? (Please select)*

Monthly

Quarterly

Termly (i.e. for school or university fees)

Half Yearly

Annually

BENEFICIARY DETAILS

In order to comply with our regulatory obligations we will conduct electronic checks and may require documents to verify the identity and residential address of beneficiaries and trustees. If you are providing us with third parties’ information, you must confirm that you have made them aware of this application and the checks which will be undertaken. Further information on how we process personal data is detailed within our privacy notice.

Add Beneficiaries

You can add up to five beneficiaries. If you require more, please complete your application and send us an additional trustee/beneficiary form. This can be found under useful documents in the Trust Accounts section on our website.

Beneficiaries

Title**

If other please specify

First name**

Middle Name(s)

Surname**

DOB (dd/mm/yyyy)**

Permanent UK resident**

Nationality**

Dual nationality (if applicable)

Dual tax residency (if applicable)

Dual tax residency tax number (if applicable)

Email address**

Telephone or Mobile number**

Current home address**

Date moved to current address (dd/mm/yyyy)**

If the beneficiary has been at their current address for less than one year, please provide details of their previous home address including postcode

Add an additional Beneficiary

TRUSTEE DETAILS

Add Trustees

You can add up to five trustees. If you require more, please complete your application and send us an additional trustee/beneficiary form. This can be found under useful documents in the Trust Accounts section on our website.

Trustees

Title**

If other please specify

First name**

Middle Name(s)

Surname**

DOB (dd/mm/yyyy)**

Permanent UK resident**

Nationality**

Dual nationality (if applicable)

Dual tax residency (if applicable)

Dual tax residency tax number (if applicable)

Email address**

Telephone or Mobile number**

Current home address**

Date moved to current address (dd/mm/yyyy)**

If the Trustee has been at their current address for less than one year, please provide details of their previous home address including postcode

Add an additional Trustee

Operation of the account

I/We agree that all or part of the money in this account may be withdrawn on the authority of*

Any one trustee

All authorised trustees

Other

Name of Trustee(s) with authority*

If multiple signatories are required the account can be opened online but you must operate the account by post.

Nominated Account Details

Provide details of the nominated account where we should send withdrawals to. This must be in the name of the trust, trustee or beneficiary.

Account name*

Sort Code*

Account number*

Execution only declaration

A Trust account is to be opened on a non-advised ‘execution only’ basis where no advice or assessments have been given to its suitability, it is important that you understand the terms and conditions of your account and how your account works. Please read the trust account guide and product summary boxes carefully to ensure you understand how the product works. Copies of these documents have been provided to you and are available on our website If you have any doubts about the suitability or flexibility of the product, you should seek independent legal and/or financial advice before signing and submitting your application form.

I confirm that that I have read the summary box and terms and conditions of this account*

I confirm that that I have read the summary box and terms and conditions of this account *

I confirm that the information I have provided is true and correct to the best of my knowledge and belief*

I confirm that the information I have provided is true and correct to the best of my knowledge and belief *

I understand that Harpenden Building Society are providing an execution-only service. I understand that we have not received advice or assessment on the suitability of the Trust Account at Harpenden Building Society.*

I understand that Harpenden Building Society are providing an execution-only service. I understand that we have not received advice or assessment on the suitability of the Trust Account at Harpenden Building Society. *

I understI understand that Harpenden Building Society will hold the Trust funds and make payments by request as long as they are in keeping with the Trust Deed, Will and terms and conditions of the Trust Account.nd that Harpenden Building Society are providing an execution-only service. I understand that we have not received advice or assessment on the suitability of the Trust Account at Harpenden Building Society.*

I understand that Harpenden Building Society will hold the Trust funds and make payments by request as long as they are in keeping with the Trust Deed, Will and terms and conditions of the Trust Account. *

Important Declaration

All information supplied is true and accurate to the best of my knowledge.
I have permission and authority to apply for this account on behalf of the trust, beneficiaries and trustees and they are aware that their information has been shared with Harpenden Building Society.
I understand that to comply with its legal and regulatory obligations the information supplied in this application will be verified. Harpenden Building Society uses third parties to verify information, one being SmartSearch which leaves a non-credit footprint on the applicable record. A record of the output will be supplied to Harpenden Building Society and retained.
As detailed in the relevant account terms and conditions, I understand how the information I have provided will be processed, my rights and how to contact the Data Protection Officer.
I agree to the specific terms and conditions applying to the account, the General Terms and Conditions for Business Deposit Accounts and to be bound by the rules of the Society (a copy of which is available on the website and/or can be posted to you on request).
All withdrawals from this account must be made solely for the benefit of the beneficiary or beneficiaries of the trust, in accordance with the terms of the trust deed and applicable law. Trustees are responsible for ensuring that no withdrawal is made for any other purpose, and may be required to provide evidence that any withdrawal is for the benefit of the beneficiary if requested by the Society.

Declaration*

Tick to confirm you have read and accept the above declaration statements which constitute our agreement *

All fields throughout marked with a * are mandatory to be completed.

Name*

Date (dd/mm/yyyy)*

Email*

Marketing & Communication Preferences

Choose your preferences to receive updates from us.

As a Member, at times we will contact you about our services and any improvements we make, or any changes to your account. You can also choose to opt in to receive any marketing communication from us regarding our products and promotions in any of the channels below:

Marketing Preferences

Post

Email

SMS

Telephone

We also provide our communication and documents in alternative formats. Please select the following if they are required:

Alternative Formats

Large print

Braille

Or you can request the above by calling our Member Services Team on 01582 765 411.

How did you hear about our Business/Trust Accounts?*

MoneyFacts website

Investment Sense website

Google search

Smart Money People

Word of mouth

Other