I opened a monthly saving account for child A by standing order paying in a small sum each month at a higher interest rate which them transferred to another account every year at lower interest. Them 3 years later did same for child B when they were born. Postal statements came every year marked trustee so I just put them in a box without checking. I started going through paperwork and now have noticed child B has been receiving money which should have gone to child A. Child A's monthly account was closed but the bank still collected the monthly money and put it in Child B's lower interest account.
Also on some statements I am named as trustee for myself instead of for child B's name on it.
I've written to the bank but I'm so worried about this. It's 10 years worth of mistakes will they be able to put it right after all this time? I'm really upset that I didn't spot it sooner but it's a major high street bank and I trusted them to be accurate. Can't seem to get it off my mind and I'm hoping child A doesn't lose out on the higher interest. Anyone in accounts or banking know if it can be sorted after so long?
Also please if you do have savings for DGC check every statement
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