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UKSolicitorJA
UKSolicitorJA, Solicitor
Category: Law
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Experience:  English solicitor with over 12 years experience
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does an untouched bankers draft count as investment or sav

Resolved Question:

does an untouched bankers draft count as investment or savings
Submitted: 3 years ago.
Category: Law
Expert:  UKSolicitorJA replied 3 years ago.
-Could you explain your situation a little more?
Customer: replied 3 years ago.

My partner has a bankers draft for an inheritance of £100,000 it has not been touched or in the bank... we have been informed that it is classed as Investment/earnings We thought it wasn,t untill it was banked

Expert:  UKSolicitorJA replied 3 years ago.
Hello,

I am afraid it is as good as money in the bank and will be classed as investment or savings.

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