The elderly sometimes have carers, however, banks do not provide an account that can be operated by a carer.
The young quite naturally have carers. As they get to their teens they might have a bank account. This typically will offer a debit card and have daily or weekly restrictions on usage.
The parent can add funds and review transaction history.
The elderly sometimes have carers, however, banks do not provide an account that can be operated by a carer. As a result there are unfortunately many cases of fraudulent use of funds.
To encourage an independent lifestyle and provide access to life’s small luxuries some mechanism to fund purchases and services is essential. The current use of an elderly persons ATM card by the carer is not fit for purpose.
A debit card in the carers name with limits, audit able by the sons and daughters who are likely to be remote is a far better solution.
This does not even need an expensive new IT implementation, the current children’s account framework could probably provide the necessary support!