We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Lloyds Bank Account
Options
pcombo
Posts: 3,429 Forumite
I applied for a lloyds classic account but got denied, but they said i could open a cash account which i did now its fully open. My concern is i owed Bank of scotland money in the past, but it seems bank of scotland has sold the debt to westscot as its westscot who put the default on my credit file.
My question is can bank of scotland take funds from my lloyds if i use it, Thats if they dont close it within a week due to me failing some weird checks they do.
My question is can bank of scotland take funds from my lloyds if i use it, Thats if they dont close it within a week due to me failing some weird checks they do.
0
Comments
-
The terms and conditions say yes.
BCOBS regulations say that they have to warn you in advance.
Internal practice within LBG does not allow for cross brand right of set off. So at this point in time it won't happen.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards