We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Bank asking for money back
Miss_Pixie
Posts: 19 Forumite
I'm hoping someone could offer some advice for my Aunt.
She had a joint account with her ex. They split up a few years ago and she requested to the bank that the account should be closed. The balance was zero.
She got a letter this morning saying that her ex has withdrawn £600 so the account is £600 overdrawn now. As the bank cannot trace him, they are chasing her for the money. It turns out that although she filled in a closure form, the ex did not so the account was never closed.
Where does my Aunt stand with this?
She is also worried in case the ex withdraws further money from the account and the bank chase her for this.
My Aunt also has no idea where the ex is now. It wasn't a very nice split and she doesn't want anything more to do with him.
She had a joint account with her ex. They split up a few years ago and she requested to the bank that the account should be closed. The balance was zero.
She got a letter this morning saying that her ex has withdrawn £600 so the account is £600 overdrawn now. As the bank cannot trace him, they are chasing her for the money. It turns out that although she filled in a closure form, the ex did not so the account was never closed.
Where does my Aunt stand with this?
She is also worried in case the ex withdraws further money from the account and the bank chase her for this.
My Aunt also has no idea where the ex is now. It wasn't a very nice split and she doesn't want anything more to do with him.
0
Comments
-
She is equally and jointly liable for any debt on a joint account. So, if they bank cannot find him, they are within their rights to come after her for the money.
She should instruct the bank to block the account straight away to prevent any more money being withdrawn.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Thanks for the help.
It just seems so unfair after she previously filled in a closure form at the time of the split, and assumed the account had been closed all this time.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.3K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards