We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Lloyds closing my accounts!!

Options
1234689

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    JV4341 wrote: »
    So Lloyd’s would keep the money for themselves then if they think it’s dirty?

    No.

    You're convinced they're after your money, aren't you?
  • JV4341
    JV4341 Posts: 38 Forumite
    No I’m not worried they are after my money, I’m just annoyed why they won’t let me have the money in my bank which I’m entitled to even if I did sell something, it’s not like I’m a drug baron or something!
  • meer53
    meer53 Posts: 10,217 Forumite
    Tenth Anniversary 10,000 Posts Combo Breaker
    JV4341 wrote: »
    No I’m not worried they are after my money, I’m just annoyed why they won’t let me have the money in my bank which I’m entitled to even if I did sell something, it’s not like I’m a drug baron or something!

    The bank need to find this out for themselves, they won't take your word for it. Also the person who bought your watch "may" be a drugs baron. Their checks will take time, if everything is above board you will get your money and all will be well.
  • DCFC79
    DCFC79 Posts: 40,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    JV4341 wrote: »
    No I’m not worried they are after my money, I’m just annoyed why they won’t let me have the money in my bank which I’m entitled to even if I did sell something, it’s not like I’m a drug baron or something!

    If the money is legit then just sit tight and wait for the money to be released.
  • Ed-1
    Ed-1 Posts: 3,956 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Robin9 wrote: »
    When Lloyds resolve the issue do a switch to another bank and get the switching bonus.

    You won't be able to use the switch service in this situation. Lloyds switching team rejects the switch where there are blocks on the account (and the blocks will remain until the account is closed, as per the letter). Lloyds have already decided to close all accounts with LBG in 2 months.
  • JV4341
    JV4341 Posts: 38 Forumite
    So the investigation should be resolved in that time frame and then I can have my money?
  • [Deleted User]
    [Deleted User] Posts: 26,612 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper Photogenic
    JV4341 wrote: »
    So the investigation should be resolved in that time frame and then I can have my money?
    No one here can say when the investigation will definitely be completed, nor if you'll get your money back. However, if your transaction was above board, and the investigation concludes this, then the money should be returned to you.

    Just as an aside, you appear to have an excellent postal service where you live, I don't think anyone else in the UK receives letters on January 1st;)
  • JV4341
    JV4341 Posts: 38 Forumite
    It’s hard to sit tight with no access to any funds, they obviously don’t know how it effects innocent people. Im going to ring the number on the letter, financial ombudsman wasn’t much help earlier when I rang them. They just all seem to be very lazy!
  • JV4341
    JV4341 Posts: 38 Forumite
    What if the guy who I sold the watch to has disputed the transaction for some reason? I find it strange that he doesn’t answer my phone calls now or messages... Where do I stand if that’s the case?
  • mgdavid
    mgdavid Posts: 6,710 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    jv - PLEASE re-read post #13, let it sink in, and act accordingly.
    The questions that get the best answers are the questions that give most detail....
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.