Not as it seems a straight forward request- Bank

Zolly

To cut a long story short my son stupidly let someone use his bank account to transfer money in and out of 

Subsequently his bank have picked this up after investigation  closed his account under “fraud” at the time they never said anything to him either by letter or conversation as to Amy impact it would have on him

As he needs a bank account to have his wages paid into he approached another bank - who allowed him an account. 

However he has just been advised that this account will also be closed and they won’t discuss this except via a letter- which he has still to receive 

we can only assume that a marker has been placed on him - he passes all credit rating checks but something is being flagged 

we have looked at all types of accounts. Those which are pre payment only but there are so many with different rules for each transaction 

I am hoping someone can help with a name  of a provider of a basic account we’re money can be paid in and require very little checks to be made - otherwise he will have the same issue again 

He doesn’t want to keep applying and being rejected s this will count against him. His employer cannot or will not pay him unless it’s through BACS so at the moment he is struggling 

Thanks in advance to anyone who can help 

penners324

He'll have a CIFAS marker on his record. So no proper bank account until that drops off his record in 6 years time.

He should be able to get a credit union account

[Deleted User]

Basic building society / credit union accounts or the odd fee paying ones will allow it. Do a SAR to CIFAS and 99.99% he has a fraud marker that lasts 6 years.

There are a few posts on banking sub forum if you search for CIFAS but assuming he hasn't been convicted of fraud a very basic account without any OD, interest etc can be had from Co-Op (Cashminder), Santander (Basic Current Account) and Virgin (M account). Fee paying ones include Cashplus Freedom and Monese who both offer free-ish accounts with charges for things like top-ups or withdrawals

Otherwise credit unions may be able to help

https://www.moneysavingexpert.com/loans/credit-unions/

The_Fat_Controller

You should advise your son that he is likely to have great difficulty in getting any sort of credit for several years.

Money laundering and/or fraud are not taken lightly by financial institutions as you are now finding out.

It could also affect his future employment prospects.