We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
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!
Bank with holding funds
Options

SunshineK
Posts: 1 Newbie
Hi. My bank are holding £92500 of my money without reason. This has gone on since january 2020. I have asked repeatedly why this is happening and got a letter saying there is an issue and technical problem and offered me 16k in compensation 6 months ago but still got nothing. Because of their technical fault i received a ccj (which caused me to lose my job as a self employed financial services adviser) and also caused me to lose my reputation in the industry. I lost my home and basically this bank ruined my life. I complained and submitted to ombudsman but its so slow. Should i instruct my own solicitor? What should i do? As i started as self employed financial adviser in august 2019 my income was flagged as suspicious in bank`s system, because of the problem with the account, any payment over 1k gets held. Any idea what should i do? I also got paid redundancy money from my last employer and that got held by the bank as well. And i got a letter from the banks ceo apologising and offering large compensation but after 6/7 months, still nothing.
Thanks in advance
K
Thanks in advance
K
-4
Comments
-
Dear me, this one is definitely the top trumps card.I came into this world with nothing and I've got most of it left.12
-
Defo open another bank account.0
-
Shakin_Steve said:Dear me, this one is definitely the top trumps card.
2 -
Totally agree LOL0
-
A financial adviser whose own finances are in a complete mess ?
0 -
SunshineK said:Hi. My bank are holding £92500 of my money without reason. This has gone on since january 2020. I have asked repeatedly why this is happening and got a letter saying there is an issue and technical problem and offered me 16k in compensation 6 months ago but still got nothing. Because of their technical fault i received a ccj (which caused me to lose my job as a self employed financial services adviser) and also caused me to lose my reputation in the industry. I lost my home and basically this bank ruined my life. I complained and submitted to ombudsman but its so slow. Should i instruct my own solicitor? What should i do? As i started as self employed financial adviser in august 2019 my income was flagged as suspicious in bank`s system, because of the problem with the account, any payment over 1k gets held. Any idea what should i do? I also got paid redundancy money from my last employer and that got held by the bank as well. And i got a letter from the banks ceo apologising and offering large compensation but after 6/7 months, still nothing.
Thanks in advance
K
OP got paid commission into a personal bank account!
If I was OP, I would get some financial advice!0 -
How are you going to pay for a solicitor?0
-
I would get another job as a story teller as this one is just rubbish.0
-
SunshineK had a sneaky look at 9.50 pm - no response though.0
-
Old_Lifer said:A financial adviser whose own finances are in a complete mess ?
0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards