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Nat West closed our account

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Comments

  • soulsaver
    soulsaver Posts: 6,669 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    They won't tell you why. They'll say they don't have to give a reason. 
    Nat West and RBS were unilaterally closing accounts 'for no good reason' giving less notice than their T&Cs  and denying depositors access to their funds money for 60 days or more, well before cov19 was an issue. Have a look on trust pilot for the number of shouts about it. https://uk.trustpilot.com/review/www.natwest.com?page=6

    Several posts on here, too, before Covid.
  • DCFC79
    DCFC79 Posts: 40,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Yes there's been a number of threads of accounts being closed.

    OP maybe you had a payment transferred into the account from an account deemed dodgy by NW.
  • Hasbeen said:
    Hasbeen said:
    ksurguy75 said:
    We have a business account, a current account and a savings account. They've closed them all
    Yes they will. And it will prove very difficult to get any bank account with others in future.

    So the question that has been asked?? What account did the BBL go into, your business or current account? 

    You don't seem to know what you're talking about, why don't you go and read about how Natwest provides BBL's before telling everybody they've done it wrong?? You've done it here, and in my thread and who knows where else too.
    Natwest don't deposit BBL's into current or personal accoutns because BBL's are fur businesses, they deposit BBL's into feeder accounts and then into business accounts, do you understand this now?
    What I do understand is that BBL will be deposited into the account that is put down on the application.

    If it is a business account then fair enough that is why the question was asked! If personal it opens up a can of worms as NatWest have a bad reputation for closing accounts. And where did I say "they" have done it wrong?

    The question was what account did the BBL go into?

    People are allowed opinions and to give advice. If it is not helpful to you then fine. Please keep your rude comments to yourself.

    It was the way you were assuming people had done things the wrong way - and in at least two different threads - which made me comment on it, nothing rude about that, unless you're incredibly fragile.
    Now, if you read my thread properly, from the beginning, you'll understand everything correctly.
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