Cash Withdrawal Refusal

born_again

LobsterMemory said:

Are you trying to insinuate that he drives an ice cream van?

Our local one takes card payments. Actually was sat in the park today. Shame about the weather, but was doing OK.

Chino

Ballard said:

TSB are not trying to get you to go cashless or holding on to your money because they’re running out. They’re trying to protect you because you’re asking to do something unusual with it.

TSB is doing nothing of the sort. It simply doesn't want to incur the cost of making the cash available for withdrawal.

The OP's best course of action is to change banks. Not that any other bank will be better but at least it takes business away from one obstinate bank.

jonesMUFCforever

Chino said:

Ballard said:

TSB are not trying to get you to go cashless or holding on to your money because they’re running out. They’re trying to protect you because you’re asking to do something unusual with it.

TSB is doing nothing of the sort. It simply doesn't want to incur the cost of making the cash available for withdrawal.

The OP's best course of action is to change banks. Not that any other bank will be better but at least it takes business away from one obstinate bank.

Sorry but this has to be the most obtuse post of the week - well done Chino - a masterstroke!

Ballard

Chino said:

Ballard said:

TSB are not trying to get you to go cashless or holding on to your money because they’re running out. They’re trying to protect you because you’re asking to do something unusual with it.

TSB is doing nothing of the sort. It simply doesn't want to incur the cost of making the cash available for withdrawal.

The OP's best course of action is to change banks. Not that any other bank will be better but at least it takes business away from one obstinate bank.

The OPs best option would be not to withdraw a fairly large amount of cash for no reason and to ignore people on the internet who think that they know how banks work. 

st999

Or withdraw £300 a day from atms using 5 bank accounts giving £1500 a day.

schiff

I don't blame the bank at all. The whole thing smells of a scam or money laundering, or even both. 

MovingForwards

st999 said:

Or withdraw £300 a day from atms using 5 bank accounts giving £1500 a day.

And go to the supermarket, buy a few things, put it on the debit card and ask for £50 cash back. Repeat several times in different supermarkets. You also end up with your weekly shopping sorted out at the same time 😂

notveryeducated

MovingForwards said:

st999 said:

Or withdraw £300 a day from atms using 5 bank accounts giving £1500 a day.

And go to the supermarket, buy a few things, put it on the debit card and ask for £50 cash back. Repeat several times in different supermarkets. You also end up with your weekly shopping sorted out at the same time 😂

And spend a lot on petrol driving about! Haha

MovingForwards

notveryeducated said:

MovingForwards said:

st999 said:

Or withdraw £300 a day from atms using 5 bank accounts giving £1500 a day.

And go to the supermarket, buy a few things, put it on the debit card and ask for £50 cash back. Repeat several times in different supermarkets. You also end up with your weekly shopping sorted out at the same time 😂

And spend a lot on petrol driving about! Haha

Petrol is cheap and you can get away with nipping round the same supermarket a few times and use did tills, it's what I did when I left it too late to get all the cash out for my latest car 😂

lr1277

Lets not forget, TSB has a fraud guarantee.

So it makes sense to me that TSB would ask more questions when a customer is withdrawing cash, so that TSB wouldn't have to pay out for a fraud complaint.

Having said that, if you had told the truth and told them you wanted to keep the money at home, I am not sure that would have passed their suspicions that you weren't taking the money out for a scammer/fraudster.