Barclays "Suspend" My Life, Stranding me in Europe. The Dark Side Of Working Remote
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Keep_pedalling wrote: »Several eggs, but all in one Barclays basket.0
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Lol. You all have lightened a somewhat desperate mood. However unfortunately it is not made up. Thanks for the positivity however. ;]0
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I can't be bothered to waste my time reading what in all probability is a made up story, but on the point above, were all of these accounts with the same bank? If so then your eggs were indeed all in one basket.Keep_pedalling wrote: »Several eggs, but all in one Barclays basket.Eggsactly. But I gave up when I saw how long the OP was too.
I apologise; I'm a Marketer; we like to dramatise a story. ;]0 -
A made up story...with video, pdf transcript and screenshot documentary on LinkedIN. Sounds feasible. The moral of the story is, Barclays are Ba**ards and apparently withdrawing large sums of my own money is frowned about.
Naivety. I agree; but hell as least Citibank and the states welcome my business with open arms.
I apologise; I'm a Marketer; we like to dramatise a story. ;]
I suspect Barclays are in a "money laundering paranoia" zone made much worse by the actions of US authorities against banks.
You're being inconvenienced short term. But if they get it wrong by doing nothing in the eyes of the Yanks they're fair game for fines in the $billions.0 -
It's no comfort but it is not only Barclays Bank which can suspend accounts in this way.
It is best to have banking facilities with more than one provider as it is unlikely that problems would arise with all of your banks simultaneously.0 -
I thought marketers knew when to cut to the chase? There's no drama when you get bored halfway through ;-)PeacefulWaters wrote: »I suspect Barclays are in a "money laundering paranoia" zone made much worse by the actions of US authorities against banks.
You're being inconvenienced short term. But if they get it wrong by doing nothing in the eyes of the Yanks they're fair game for fines in the $billions.
I know. Security is one aspect; but being left in limbo with no explanation or clause is just ridiculous. They just expect me to take a sit and wait patiently until they take their head out of their !!! and release my account; which is technically being held captive.It's no comfort but it is not only Barclays Bank which can suspend accounts in this way.
It is best to have banking facilities with more than one provider as it is unlikely that problems would arise with all of your banks simultaneously.
I have learnt my lesson. I will be more cautious in future. Thank you.0 -
It's no comfort but it is not only Barclays Bank which can suspend accounts in this way.
It is best to have banking facilities with more than one provider as it is unlikely that problems would arise with all of your banks simultaneously.
But I'm sure someone, somewhere, will be working on this one. No doubt a database would be the solution, whereby banks could exchange such info and lock customers out of all facilities. I've even got a name for it - the PBE - Paranoid Banking Exchange.
This is yet another example of the lack of proper regulation, or perhaps too much regulation of the wrong kind, that works against customers' interests. Deprivation of funds and facilities like this should not be permitted.
OP - when all is sorted out, make sure you kick the chumps at Barclays into touch. Tell them why, and rubbish their name whenever you can.0 -
Deprivation of funds and facilities like this should not be permitted0
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What a nightmare!
If you use Twitter or Facebook, you should target them there, that will get people on the case.
Companies hate to be seen to be providing a bad service in public, so that may help get a quicker resolution.0
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