Anna Money

sharronbee

We have just found out today we cannot withdraw money from our Anna Money account due to one of their suppliers going out of business due to Covid-19! 

How are we able to get to our money?

gt94sss2

The FCA have imposed restrictions on the supplier: https://www.fca.org.uk/news/news-stories/requirements-imposed-wirecard-authorisation

Your money is safe but until these issues are resolved you won't be able to access your money

This will affect a number of fintech companies not just Anna Money

[Deleted User]

For the moment you have to wait. Wirecard who provide the technical systems behind Anna went bust owing £3billion and so the FCA have suspended their license to operate. The money in your Anna account is held with different legal entity, so should be totally safe, but for the moment you can not access it. 

No one can give a definitive answer but the best guess would be some limited account access will probably be restored next week.

Jeremy535897

Anna are recommending you withdraw your money immediately. See https://twitter.com/ANNAMoneyUK/status/1276472004632289280

Click on "show this thread".

gt94sss2

Jeremy535897 said:

Anna are recommending you withdraw your money immediately. See https://twitter.com/ANNAMoneyUK/status/1276472004632289280

Click on "show this thread".

I'm not sure the FCA restrictions actually allow that..

Jeremy535897

gt94sss2 said:

Jeremy535897 said:

Anna are recommending you withdraw your money immediately. See https://twitter.com/ANNAMoneyUK/status/1276472004632289280

Click on "show this thread".

I'm not sure the FCA restrictions actually allow that..

I didn't say they did. I quoted what Anna said.

Thrugelmir

Accounts have been temporarily frozen. Money is ring fenced and held by Barclays in the UK. 

mattyprice4004

Oh wow, just had a read through the Tweets. 
Unfortunately you'll just have to wait it seems - there's no way to access the money at the moment. 

gt94sss2

Jeremy535897 said:

gt94sss2 said:

Jeremy535897 said:

Anna are recommending you withdraw your money immediately. See https://twitter.com/ANNAMoneyUK/status/1276472004632289280

Click on "show this thread".

I'm not sure the FCA restrictions actually allow that..

I didn't say they did. I quoted what Anna said.

Yes, I know - I was commenting on the Anna tweet.