Yorkshire Bank disaster.

jonesMUFCforever

To the OP Mr Cheese
Have you considered that it is not you under investigation but the SENDER of the money?
It might be that the Dutch authorities have asked YB to stop any withdrawals - maybe the company/sender's account got hacked.

Any way good luck in resolving it.

djpailo

Robisere wrote: »

Too many people here have taken a position against the OP and are still defending that position. The facts are these:

He has been denied access to his own money without any reasonable explanation of the reasons for that denial.

If that was me, I would be absolutely incandescent. He has every right to be angry, not simply at the fact that they denied him the money, but because they gave him no reason for the denial. That is a total failure to communicate with a customer. They need to correct that.

One thing this thread has assured me of, is that I will never engage in any financial transaction with Yokshire Bank. If I were you, OP, I would take a break from this forum which has so many negative advice for you, and wait further developments. Then please return to tell us what finally happened with your money.

This.

Let us know how it goes OP.

Jurgen_Cheese

Well it seems that sense will prevail at some point, here at least, and maybe one day at the Yorkshire Bank.

Mr Xylophone - why are you are still wittering on about about the me using the term theft ?

So my frustration is understandable, but accusing them of theft is not. Right. Whatever.

You must be a wheeze at dinner parties.

Thank you very much to those of you kind enough to actually consider my plight and how it might make you feel. Your kind words of support are appreciated. You know who you are.

To the rest of you who said it was my fault, my language, my attitude, should have seen that coming etc; I did not really expect much else from an internet forum. It seems that this is the way of the world these days. Good luck to you when you are at the wrong end of a corporate policy which is ill conceived, counter productive, and !!!!s up your life.

I am actually beginning to relish the battle - round one was played out today, and tomorrow round two. You have to think laterally to win the day, damage their business, damage their PR machine, its good fun if you get with the program and play the game. They HATE bad press.

The Yorkshire Bank have stolen / borrowed / ring-fenced my money and I am past caring. Good luck in your own personal battles gents.

xylophone

why are you are still wittering on about about the me using the term theft ?

Just possibly because it is inaccurate and probably libellous?

You must be a wheeze at dinner parties.

No asthma, thanks, but those invitations keep rolling in......:rotfl:

And incidentally, I am very happy with my Yorkshire Bank account.....

xylophone

It is not used regularly as savings and I rarely share the same bed.

Best keeping it clean and not going into details about the bed sharing

I think I've worked out that what the OP meant to write was

"It is not used regularly (as savings and I rarely share the same bed)....ie that the savings are quickly used up?

It seems unlikely that the savings sleep in another bed or that the OP was revealing details about where time is spent in the arms of Morpheus?:)

Lakeuk

What's the latest on this? How did your visit yesterday go, have they given any indication on next steps

Jurgen_Cheese

Lakeuk wrote: »

What's the latest on this? How did your visit yesterday go, have they given any indication on next steps

No further infos at this time.

pvt

Thrugelmir wrote: »

Open savings accounts. Leave the accounts dormant. Deposit large cash amounts (from abroad). Then undertake cash withdrawls. Money legitimised.

Except for the fact that it was not a "large cash amount", it was a payment, presumably by bank transfer, from an apparently Bona Fida company in the Netherlands.

I also don't recall him saying he made 'cash' withdrawals.

And it was 3 months ago. If YB are on the ball why decide to investigate it some months after the deposit was made, and also after allowing one withdrawal from the account in the meantime.

My advice to the OP would be to make a formal complaint to the bank that they did not inform him the account was frozen (until he tried to withdraw funds), and still have not informed him formally in writing.

As has been pointed out earlier, the bank could inform the OP that it is investigating the account but is unable to give a specific reason why. It can also make a statement in its letter about its obligations under AML. That does not appear to contravene the rule about 'Tipping Off'.

zolablue25

xylophone wrote: »

The account had been opened for years and was an infrequently used savings account.

The OP did some consultancy work for a Dutch company and chose to have the fee (£20,000 which he variously regards as a considerable sum or a mere bagatelle, see post 44 above) paid into this account.

Yes, I was aware of the situation thanks.

My point was that if he had opened the account years ago to launder cash then he was thinking a long way ahead of the actual intended purpose.

I believe that £20k can be described equally as "a considerable sum or a mere bagatelle" depending at whose side of the deal you are looking at it from. From the customer's side £20k can be a hell of a lot of money. From YBs side you would hope that it was a mere bagatelle.

Edit: As to your "it could hapen with any bank" comment, yes it could. Doesn't make it right or acceptable though.

xylophone

From the customer's side £20k can be a hell of a lot of money.

It is the customer who doesn't appear to have any consistent view about how he regards the money....

Edit: As to your "it could hapen with any bank" comment, yes it could. Doesn't make it right or acceptable though.

I was not commenting as to whether it was right or acceptable but merely making the point that the way that Yorkshire Bank is acting appears to be par for the course where (as appears to be the case here), the possibility of money laundering is flagged up.

Therefore "not engaging in any transaction with Yorkshire Bank" very quickly becomes "not engaging in any transaction with any bank"?