Lloyds (Again!)

CKhalvashi

I've received a letter from Lloyds Commercial, stating that 'the overdraft will be reduced by £0 monthly until it reaches £40,000' for one of our companies.

Now I'm going to throw a spanner in the works for the bank; The OD has sat at £40k for about 6 years, and only about £1k of that has been used for a massive 3 days in those 6 years!

I've also been told that the letter has been sent from the branch. Does this mean that the individual in question (branch staff) has willingly and deliberately forged their 'Head of OD's' signature to have this letter sent out, thus creating deception at to where the letter has come from?

Any tips before I let OH loose on them tomorrow?

CK

missile

Your post does not make sense (to me)

BugsyBrowne

missile wrote: »

Your post does not make sense (to me)

Think the OP wrote this after a few sambucas down the local.

dr_adidas01

Sorry don't know what your getting at, as it doesn't make any sense.

I would take the letter you have received from the branch, back to the branch (I assume its your local branch) and get them to explain the letter.

stclair

Who told you the letter was sent by the branch?

In the banking world alot of letters are sent by the branch that have a centrailised name and address on.

A lot of the names do not even exist there just made up...

pmduk

I suspect that your overdraft has been reviewed and is remaining unchanged at £40k. Some numpty has sent the wrong standard letter, albeit with the correct information. I'm only surmising, so best to get it checked.

It's standard business practice for letters to be created other people's names. eg, when I worked for the Halifax all letters went out as from the District Manager. (This was back in the 70s though)

CKhalvashi

pmduk wrote: »

I suspect that your overdraft has been reviewed and is remaining unchanged at £40k. Some numpty has sent the wrong standard letter, albeit with the correct information. I'm only surmising, so best to get it checked.

It's standard business practice for letters to be created other people's names. eg, when I worked for the Halifax all letters went out as from the District Manager. (This was back in the 70s though)

I like to think that the letters in my company are signed by the person writing them?! My PA always writes 'A.S, PA to Director' on anything that gets sent by her, and anything that's signed by me has my sig on it.

A check with the bank this morning came to nothing as they could 'see the balance was decreasing' and the branch confirmed that it was staying at £40k, with potential to be heavily increased (which I don't really want!)

Problem sorted, thanks!

CK

MoneySaverLog

When I worked in a bank many years ago it was standard practice to have made up names for the various letters that were sent out. As long as its message got across what difference does it make if the letter is signed by M Mouse or A R Person.

opinions4u

MoneySaverLog wrote: »

When I worked in a bank many years ago it was standard practice to have made up names for the various letters that were sent out. As long as its message got across what difference does it make if the letter is signed by M Mouse or A R Person.

Halifax always had real names on letters.

But they'd invariably moved departments two years earlier.

MoneySaverLog

Or left no doubt :-)