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How to change accounts for the Childrens Allowance

  • 29-07-2008 8:04am
    #1
    bigred
    Registered Users, Registered Users 2 Posts: 498 ✭✭


    Hi, I've done a search on here and see some people have moved, but how do you get your childrens allowance moved into a different account? Cant find anything on welfare.ie (surprise, surprise :rolleyes:)
    Our's is currently in some AIB rubbish account, and there's much better deals out there. We wont be touching the money, so access isnt really an issue.


Comments

  • #2
    unclebill98
    Registered Users, Registered Users 2 Posts: 3,816 ✭✭✭unclebill98


    Simply call the welfare office and advised them of the new account number and sort code. It might take a few payments for it to switch over. They might ask for a bank statement of the new account or a letter from yourself stating what you would like done.


  • #3
    stepbar
    Closed Accounts Posts: 6,123 ✭✭✭stepbar


    ..... or you could just setup a standing order to sweep out the account on the same day as the money comes in. Before you get hasty talk to AIB, they may have a better option for you. Perhaps you should be looking to invest the money from the childrens allowance long term in to a fund or something like that. Now's the time to take advantage of stock market prices etc.


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