CreditCard Company won't cancel my card and refund me due to Money Laundering rules.

sfax

thumshie wrote: »

The way I see it you have a 'credit' agreement with BoS, not a savings agreement. I see it no differently to mistakenly sending money to the wrong bank account, as the OP is not paying a debt.

As sfax keeps pointing to the T&C's, can they show me anywhere in there anything saying that they will repay positive balances on closure?? they don't even mention it, as far as they're concerned the OP has gifted them 9k :eek:

The point is that other credit cards, even credit cards issued by the same company (Halifax) explicitly forbid it in their T&Cs. If they don't want this situation arising, they should cater for it like other companies do

blitzboy

jojo57 wrote: »

I dont find the concept difficult to understand at all. I know what a balance transfer is and how they work,if I didnt I wouldnt be in the job I am in.
What I find hard to believe is why 'Card 2' would advise you to transfer into a card with a zero balance to then get a cheque issued?'Card 2' would not have known that 'Card 1' would allow a cheque to be issued as clearly BOS dont allow this as thats what the OP is about?What you have done is not standard procedure on a credit card and judging by lots of posts on here most of the big providers dont allow this to happen so I would be interested to know who your credit card is with?

Anyhow I am not on here to have a debate about it,I am on to offer tips and advice!I think its pretty pointless us discussing what you have been able to do previously as the fact is BOS dont do it or the OP wouldnt have posted in the first place??

I don't know why they advised it, I was simply saying that it happened and it went through fine in reponse to your original post saying it wasn't possible.

I was not looking to start a debate on it either. I was simply offering my view that it was potentially because the amount was so large that it didnt go through rather than it not being possible, which is what I said in my original post!

Babaracus

Hi,

Just wondered how you were getting on with this fiasco? I have attempted to do exactly the same except I have closed the cc account and they still won't refund me my positive balance of £3770.