Power of Attorney

What can an attorney do?

The donor decides what an attorney can and cannot do.

Attorneys must always act in the donor’s best interests and follow the instructions set out in the document.

Keeping clear records of any financial activity is recommended.

At Furness, an attorney may be able to:

•    Withdraw cash in the branch
•    Make payments to the member’s bank account
•    Manage standing orders
•    Support with mortgage or property-related matters (where applicable)

Registering a Lasting Power of Attorney.

If your LPA was registered on or after 1 January 2016, you can share it with us online using an access code from GOV.UK.

If it was registered before this date, we’ll need to see a paper copy.

What happens next? - 

Once everything has been checked and registered, we’ll write to confirm that the attorney can begin managing the account.

In Scotland, a Continuing Power of Attorney covers financial matters, while a Welfare Power of Attorney covers care decisions.
These can also be combined into one document.

When might this help?

They’re typically used to provide long-term support if someone becomes unable to manage their affairs.

As with other types, we’ll register the document when it’s needed, not in advance.

To register a Power of Attorney on a Furness savings account, we’ll need:

•    A completed Add an Attorney form
•    Certified Identification (if you’re not already a member)
•    The original Power of Attorney document, a certified copy, or an online access code (for LPAs)

Certified copies can be provided by professionals such as solicitors, accountants, or bank officials.

Enduring Power of Attorney (EPA)

EPAs were replaced by LPAs in October 2007.

We can still accept an EPA if it was created and signed before this date.