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NatWest refuse to allow me to pay £5,000 to a UK bank because they don't like the transaction

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  • Band7
    Band7 Posts: 2,285 Forumite
    1,000 Posts Name Dropper
    km1500 said:
    I believe Rev. are not FSCS protected for your money £85k whereas Monzo are. Not 100% sure but check.
    That's correct - though FSCS doesn't cover crypto, so not very relevant. Once you have bought crypto, you are on your own.
  • km1500
    km1500 Posts: 2,790 Forumite
    1,000 Posts Second Anniversary Name Dropper
    I was referring to the funds in the bank account before you bought the crypto - but yes, after buying crypto you are on your own as far as FSCS concerned
  • k12479
    k12479 Posts: 801 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    So, we now have a situation where NatWest pick and choose what we can spend our money on.
    No we don't. We have a situation where NatWest choose they don't want to be party to certain things.
  • pecunianonolet
    pecunianonolet Posts: 1,782 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    edited 21 February 2023 at 8:24PM
    I first of all would stop using Coinbase as they are robbers with their extortionate fees. Maybe have a look here if you want to trade like a Pro
  • I hope you Stephen (Lewis) get to hear about this post.

    "I 'ate you Butler!" Blakey in On The Buses, played by Stephen Lewis.

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