bank closing my account

jalexa

MPH80 wrote: »

1) Pay money into account 1
2) Transfer from 1 to account 2
3) Transfer from 2 to account 3

Do you not think that look suspicious? Why not just transfer from account 1 to account 3?

I'm not responding to the OP's issue but the "scenario" you pose. With the Lloyds(HBOS) platform bill payment arrangements are held on a per account basis but with Natwest/RBS are held on a customer basis, so the mechanism could reasonably be function of the banking platform, that is whether there is currently a payment arrangement.

Anyway I don't believe a forensic accountant can't follow a few simple transactions.

jonesMUFCforever

OP you haven't answer where you are from - this is crucial to let you have more help here and also all countries where you have had funds from.

Ben8282

I'm finding this all a bit hard to follow as each reply the OP makes seems to contain reference to yet another large transaction.

So your Dad generously gave you £14,000 towards your tuition fees, at least once, maybe twice. Your posts are unclear on this point.

Why did your Dad send this money to you rather than paying the tuition fees directly himself? I don't know how old you are, but I can't see my Dad having been so trusting. I think he would have paid the bill directly himself.

You managed, somehow, to obtain loans of £15,000 and £8,000.

You then moved this money around between accounts for no apparent purpose, including into your girlfriends account. You must trust your girlfriend very much.

What does your Dad think about your giving her this money to keep in her account? I can well imagine what my Dad would have had to say about it ...

MPH80

jalexa wrote: »

I'm not responding to the OP's issue but the "scenario" you pose. With the Lloyds(HBOS) platform bill payment arrangements are held on a per account basis but with Natwest/RBS are held on a customer basis, so the mechanism could reasonably be function of the banking platform, that is whether there is currently a payment arrangement.

Anyway I don't believe a forensic accountant can't follow a few simple transactions.

I'm going to cry 'rubbish' on the 'it was the platform that made me do it this way'. No bank I've been with has made setting up a new payee hard. In fact - I recently did it with Nationwide and Santander ... took me 1 minute on each, not exactly a chore and far less than moving the money from one bank to another, logging in on the next one and performing a second transfer.

And as for the forensic accountant, while I agree with the statement, do you think the banks want to have to comply with someone crawling over their books to find out what happened?

They want the easy life ... they don't want the additional cost of having to help ... so if someone starts doing suspicious stuff ... just close them down ... far easier.

Ben8282

jonesMUFCforever wrote: »

OP you haven't answer where you are from - this is crucial to let you have more help here and also all countries where you have had funds from.

Perhaps countries whose names start with G or N???

jonesMUFCforever

How about M,NK,S, C and B.

race09

Ben8282 wrote: »

I'm finding this all a bit hard to follow as each reply the OP makes seems to contain reference to yet another large transaction.

So your Dad generously gave you £14,000 towards your tuition fees, at least once, maybe twice. Your posts are unclear on this point.

Why did your Dad send this money to you rather than paying the tuition fees directly himself? I don't know how old you are, but I can't see my Dad having been so trusting. I think he would have paid the bill directly himself.

You managed, somehow, to obtain loans of £15,000 and £8,000.

You then moved this money around between accounts for no apparent purpose, including into your girlfriends account. You must trust your girlfriend very much.

What does your Dad think about your giving her this money to keep in her account? I can well imagine what my Dad would have had to say about it ...

look mate, i am not sure what do u want to get out of this , i don't need you to grill me and if i was doing anything wrong wouldn't have posted here

my family supported me for my university, it costed 11k per year for international student and considering that i do not work i needed around another 6-7k for my living expenses

the fact that ur dad don't trust u with such money is ur own problem


finally in regard to the loan, as mentioned i had a 15k loan , 8 of which was paid to my gf, the reason to send it to another account was , i was trying to send a chap payment and the freaking internet banking was not allowing to do it from my bank to hers so i then tried sending 4k to my other account which went through and did another 4k and it worked.
i have been with my gf for a while and she needed money to buy a new car so i applied for loan and gave some of it to her while other parts used for personal needs

then from that bank did the 8k and it went through as chaps

hope this makes sense


in regard to the country i am from, i don't think that makes much difference , they are legally obliged not to discriminate between their customer so really that shouldn't make any difference

MPH80

Actually - your country is very relevant.

Some countries are more at risk of being hot spots for fraud, some countries are more at risk of being hot spots for terrorism.

Banks are allowed to profile based on the nationality of their customers and are allowed to create risk profiles based on it.

So why not say and then we might be able to explain a few things?

jonesMUFCforever

race09 wrote: »

in regard to the country i am from, i don't think that makes much difference , they are legally obliged not to discriminate between their customer so really that shouldn't make any difference

Friend you are so wrong!

MoneySaverLog

jalexa wrote: »

I'm not responding to the OP's issue but the "scenario" you pose. With the Lloyds(HBOS) platform bill payment arrangements are held on a per account basis but with Natwest/RBS are held on a customer basis, so the mechanism could reasonably be function of the banking platform, that is whether there is currently a payment arrangement.

Anyway I don't believe a forensic accountant can't follow a few simple transactions.

MPH80 wrote: »

The more transfers money makes, the harder it becomes for authorities to trace the source.

Now look at what you just did:

1) Pay money into account 1
2) Transfer from 1 to account 2
3) Transfer from 2 to account 3

All very quickly. Do you not think that look suspicious? Why not just transfer from account 1 to account 3?

I do that every month moving £1,000 from Vantage account 1 to Vantage account 2 to Vantage account 3 to Vantage account 1 to Halifax Reward Account and then £1,005 back to Vantage 1 Account and onward to either the incentive saver, other savings accounts or just left in there. Original source of the £1,000+ is from my salary.

Hope that has not thrown up any red flags, just fullfilling the conditions of the vantage accounts to fund them with £1,000 a month.