Oh that's a tricky one. I don't know how trust accounts work in general tbh (or if the CIFAS marker only affects it when you're eligible to take it over or whatever) But I wouldn't think CIFAS would stop a bank closing down the account and paying you the balance if asked/noticed. The individual bank might have a claim to some/all of the money though depending how things ended with them before, you'd really need to talk to them. TBH if it's a substantial trust account i'd maybe look at getting some independent professional advice beforehand.
Hey guys so around 2 years ago I did something really stupid to try and get some quick cash (very stupid of me and I regret it). Which lead to me to get a CIFA marker (CAT 6 I'm presuming). I was able to open a bank account with a another bank. However in a few months I'm turning 18 and I have a child trust fund account with the bank that requested the CIFA marker in the first place. Do you think they will deny my request to withdraw the money if I go and ask them in a couple months time?
Ask the bank.