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Natwest account freezes

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Comments

  • It used to be Lloyds that were well known for being the bank that closes accounts. Perhaps it's the NatWest group now. 
  • Ed-1
    Ed-1 Posts: 3,976 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    It used to be Lloyds that were well known for being the bank that closes accounts. Perhaps it's the NatWest group now. 
    At least Lloyds has an appeals process (although they don't tell you about it), unlike Natwest who say they won't enter into any discussions and the decision is final...
  • notveryeducated
    notveryeducated Posts: 157 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    edited 19 April 2020 at 5:39PM
    Ed-1 said:
    It used to be Lloyds that were well known for being the bank that closes accounts. Perhaps it's the NatWest group now. 
    At least Lloyds has an appeals process (although they don't tell you about it), unlike Natwest who say they won't enter into any discussions and the decision is final...
    From what I've seen on Reddit and on MSE when Lloyds block an account it usually takes about 1-2 weeks then you can pop into branch with ID to withdraw the money. The NatWest group seem to make people wait 2+ months, ransom the funds while talking to person who's account is being closed like scum throughout the whole ordeal.
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