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What! can they do that?
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I used to work for Barclays as a student doing just this - moving money from current accounts / savings accounts to pay off overdue loans and mortgages - sometimes in to the tens of thousands without verbal permission (although you probably would have had a letter first saying you were overdue). It's in your contract and it's why my current account / loans / mortgages are all with separate financial institutions.0
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