My husband is going to be returning to the UK in about 5 weeks. And we need some advice. First, background.
He had an account with NatWest that was used last in 2002 when we sent his mother travellers cheques in GBP to pay off his overdraft. He has tried to call and get info on the account/change the address/etc, but they asked him for his favourite word. He opened the account more than 10 years prior and had no idea what his favourite word was at 13.
1) Does anyone know if his account is likely to still be active? The balance was less than 1 pound after we paid it off.
2) He will need access to money within a couple days of getting there to pay deposit and 1st months rent on a room. I'd like to send him with 600GBP and was thinking of just buying travellers cheques. The bank should deposit these like cash, right? Assuming his account has been closed and he needs to open a new one, can he cash the travellers cheques first and just pay in the minimum required to open an account?