Barclays "Suspend"​ My Life, Stranding me in Europe. The Dark Side Of Working Remote

msallen

Kodogo wrote: »

... there are many other topics covered on the MSE forums that I could positively advise people on. So I will hang around and return the sincerity that you all have shown me.

I'm sure the place will be all the richer for it - in terms of inane and irrelevant flowery prose if not useful knowledge or sensible advice.

Robin9

Kodogo wrote: »

On another note; Barclays are closing the account. So my assets will be going back to Coutts.

Thanks.

I am sure the Coutts rep on this forum cannot wait for your application.

meer53

Kodogo wrote: »

I need not explain myself; nor feel the need to. Company assets are openly visable online to those who wish to pay to see it. Anyone who wishes to discover I am not lying; can easily do so without my consent or aid.

Thanks.

On another note; Barclays are closing the account. So my assets will be going back to Coutts.

Thanks.

You have to open an account with them first. You do realise that banks speak to each other don't you ?

uk1

Kodogo wrote: »

I need not explain myself; nor feel the need to. Company assets are openly visable online to those who wish to pay to see it. Anyone who wishes to discover I am not lying; can easily do so without my consent or aid.

Thanks.

On another note; Barclays are closing the account. So my assets will be going back to Coutts.

Thanks.

Sad story.

What reason has Barclays given for closing the account?

meer53

uk1 wrote: »

Sad story.

What reason has Barclays given for closing the account?

It's unlikely they'll give a reason, they're not obliged to.

Kodogo

meer53 wrote: »

You have to open an account with them first. You do realise that banks speak to each other don't you ?

I do know that they "speak" to one another. I'm not concerned.

uk1 wrote: »

Sad story.

What reason has Barclays given for closing the account?

They didn't.

meer53 wrote: »

It's unlikely they'll give a reason, they're not obliged to.

Exactly this.

colsten

Kodogo wrote: »

On another note; Barclays are closing the account. So my assets will be going back to Coutts.

Out of interest, what had Coutts done to lose your custom? And why, of all banks, did you choose Barclays?

lee1johny

Hi,
I am in the same situation. On 13th February 2017 I received a amount from a investor ( I am trying to start a restaurant and my brother in law sent me some money ). The money entered my account and the next day I did not had access to my online. I called the bank they said that my account is under review and I need to go to the nearest branch.
I went to the branch I opened at and they said they requested documents to confirm the money. I explained that it is a investment, I give them documents from my restaurant and they said that once the review department is done I will receive news and that I should return in 5 working days to the branch for updates.
Since that moment I received the same answer from Barclays Bank, either return in 5 days or 48 hours.
Does anyone know how long does the review process take to complete?
How can I speed up this ? Or what can I do to get the money from the account that is currently under review? I even asked them to return it to the sender ( my brother in law ) but i got now answer.
Also, something that I find strange is that they told me my current balance is 0 until the review process is over. Does anyone know why they toke the money our of my account?

lee1johny

Ok, I understand that but is there something I can do to speed up the transaction? Or close my account and get the money returned to my brother in law?
Barclays bank gives me the same reply from the 13th of February. Your account is under review we can not tell you anything. I made official complain, online, in the branch and by phone and I got the same response:
'Your account is under review we can not release any information to you`
Does anyone know how long the review will take? Today I made 40 days since my account is under review.
What can I do?

bigadaj

lee1johny wrote: »

Ok, I understand that but is there something I can do to speed up the transaction? Or close my account and get the money returned to my brother in law?
Barclays bank gives me the same reply from the 13th of February. Your account is under review we can not tell you anything. I made official complain, online, in the branch and by phone and I got the same response:
'Your account is under review we can not release any information to you`
Does anyone know how long the review will take? Today I made 40 days since my account is under review.
What can I do?

Is this a business account?

Have you raised a formal complaint, if so they have 8 weeks and then you can go to fos.

However if this appears as money laundering or similar they will say they have good reason.

You could always contact your MP.