MSE Investment recommendations - My Community Bank

eskbanker

Mrs_H_5 said:

My community bank is currently listed as Top credit union account paying 1.01%. I read all T&C which stated FSCS protection, I opened an account which stated that funds are held in a holding account before final transfer to a personal account. Tried to transfer funds in this morning, transfer was red flagged and now my funding account has been blocked! Based on this I am not continuing.

Sounds like you're blaming the actions of your bank on My Community - the fact that your bank unilaterally chooses to hold a payment for security checks is highly unlikely to be any reflection on the safety or reliability of the destination as such (a sending bank isn't in a position to make judgements like that)....