Lloyds close my account without any reason, can I reopen the account after few years?

dkdhbo2

But I really don't wanna be rejected by a bank group for my whole life... especially if I need a mortgage...

dkdhbo2

And actually, I really like Lloyds...

eskbanker

dkdhbo2 said:

And actually, I really like Lloyds...

The feeling clearly isn't mutual, so the obvious thing to do remains to take your business elsewhere and move on with your life.  Think carefully about whether it's sensible to be depositing large amounts of cash regularly as this would ring alarm bells for most banks....

Browntoa

Regular large cash deposits , moving money to other accounts

Looks like a mule account for money laundering 

Banks software is very very good at spotting abnormal behaviour of accounts these days 

dkdhbo2

eskbanker said:

dkdhbo2 said:

And actually, I really like Lloyds...

The feeling clearly isn't mutual, so the obvious thing to do remains to take your business elsewhere and move on with your life.  Think carefully about whether it's sensible to be depositing large amounts of cash regularly as this would ring alarm bells for most banks....

yeah, it is. just so sad about that...

dkdhbo2

Browntoa said:

Regular large cash deposits , moving money to other accounts

Looks like a mule account for money laundering 

Banks software is very very good at spotting abnormal behaviour of accounts these days 

But I only transfer the money within the accounts under my name. Actually, I do not regularly deposit cash as I need to withdraw the money from ATM and deposit it (just to save the transaction fee...). But almost every month.
"Banks software is very very good at spotting abnormal behaviour of accounts these days " ... what happens these days?

dkdhbo2

eskbanker I just hope I do not blacklist by the bank and influence my future mortgage...

dkdhbo2

@Browntoa
I do not sure if the software thinks my behaviours are abnormal. But if the bank thinks I am doing the wrong thing, they may close my bank account directly without advance notice?

Browntoa

Any bank can close your account without warning.

They can decide they no longer wish to carry out business with you without a reason .

If they accused you of fraud and you can prove its not then you can get the fraud marker removed , but they can still decide to not do business with you

colsten

dkdhbo2 said:

@Browntoa
I do not sure if the software thinks my behaviours are abnormal. But if the bank thinks I am doing the wrong thing, they may close my bank account directly without advance notice?

You said you did get advance notice.

dkdhbo2 said:

I received a letter told me my account will be closed in 65 days