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Santander are closing my business account

Slievecroob
Posts: 6 Forumite
After 6 yrs Santander are closing my business account for no reason and they don't have to give me one as its in their Ts and Cs. Only reason i can see is the reduced turnover in the last year. Its a bit strange as I have a bounce back loan with them which the repayment comes out of the account!!
Any body have similar experience?
Any body have similar experience?
1
Comments
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i've started another thread, similar topic:Santander asked me to "Update Sole Trader Details", they want, Tax Number & Last Years Turnover & Next Years Turnover.If I don't give Santander the info within 30days they will restrict usage of my bank account, so they say!!Fortunately, I have an alternative bank account I could use, but I could do without the hassle!!
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Slievecroob said:After 6 yrs Santander are closing my business account for no reason and they don't have to give me one as its in their Ts and Cs. Only reason i can see is the reduced turnover in the last year. Its a bit strange as I have a bounce back loan with them which the repayment comes out of the account!!
Any body have similar experience?0 -
log_splitter said:Santander asked me to "Update Sole Trader Details", they want, Tax Number & Last Years Turnover & Next Years Turnover.If I don't give Santander the info within 30days they will restrict usage of my bank account, so they say!!1
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