Frozen Bank Account

phil80

Hi all

Hope someone can help i have a british bank account that has been frozen now by italian police for the past couple of years which has over £50,000 in.

Does anyone know if the money in this account is safeguarded or would i have to speak to the relevant authorities about moving the money to a secure account ie Northern Rock, Bank of Ireland. (if this is possible)

Strange thread i know but hope somebody has some ideas.

Thanks

Clive_Woody

Can the Italians really freeze a UK bank account?

phil80

It has been frozen due to funds from my italian bannk account being paid into account over here.

phil80

my italian account is frozen also so both accounts it was not frozen for trhe simple fact of monies being transferred between the two accounts as it may have come across from the above reply lol

SallyForth_2

And it's been like this for a couple of years? Haven't you tried to do anything at all to unfreeze it?

phil80

Its pending the outcome of a court case cant be unfrozen until end of court case. I need to know if my money is safe in accounts if bank was to go bust.

Any

Which bank is it at?
The chances are you worrying for no reason, many people are worried about banks going bust just because they watch too much TV.

phil80

Its with Barclays at the moment i know alot of it is just scaremongering but it is a significant amount of money well above the £50000 that is secure. Just wondered if anyone knew if a frozen bank account would be safe.

Any

You are worried about Barclays going bust???
Well, if Barclays goes bust then money is the least of anyones problems to be honest... If even such a lion as Barlclays goes that would be the beginning of new age... Probably looking like something from those apocalyptic movies...

LondonGirl08

Barclays going bust? Britain's biggest bank? With money into the trillions? You'll be fine :T