LBG closing all my accounts on 18th May

Bridlington1

Suzey said:

Bridlington1 said:

WillPS said:

Bridlington1 said:

I went into my local Lloyds branch today and their response was as expected. They said that I am bared from opening a LBG account for life and that it was a decision taken by head office and cannot be overturned. They also said they had no contact details for the account closure team and had a bit of a moan about how these letters always tell you to go into branch when they can do nothing about it.

Ah that is wrenching news. I wonder how 'for life' these things really are? Surely there's a right to be forgotten at some point if this is a 'no fault' closure?

I don't know but my only hope of opening a Lloyds account in the future seems to be if the bank collapses, gets taken over or splits up.

Blimey, I have just read the whole of this thread.  Thanks for sharing.  Yes, if the group gets broken up etc then you might be able to go back to some of the banks.

I was telling my bf about this, and he pointed out that the Lloyds Banking Group ban would probably work the other way too, so if they acquire / join forces with any other institutions / brands in the future it would likely cover those as well.

Things could get quite interesting in the future then. Suppose Lloyds were to merge with another bank, say TSB. Using that logic I would be banned from the new Lloyds TSB.

But then suppose that after 20 years they split up again into Lloyds and TSB. Would I still be banned from both TSB and Lloyds? Or would things revert to me being banned from Lloyds but not TSB? 

trient

Bridlington1 said:

Suzey said:

Bridlington1 said:

WillPS said:

Bridlington1 said:

I went into my local Lloyds branch today and their response was as expected. They said that I am bared from opening a LBG account for life and that it was a decision taken by head office and cannot be overturned. They also said they had no contact details for the account closure team and had a bit of a moan about how these letters always tell you to go into branch when they can do nothing about it.

Ah that is wrenching news. I wonder how 'for life' these things really are? Surely there's a right to be forgotten at some point if this is a 'no fault' closure?

I don't know but my only hope of opening a Lloyds account in the future seems to be if the bank collapses, gets taken over or splits up.

Blimey, I have just read the whole of this thread.  Thanks for sharing.  Yes, if the group gets broken up etc then you might be able to go back to some of the banks.

I was telling my bf about this, and he pointed out that the Lloyds Banking Group ban would probably work the other way too, so if they acquire / join forces with any other institutions / brands in the future it would likely cover those as well.

Things could get quite interesting in the future then. Suppose Lloyds were to merge with another bank, say TSB. Using that logic I would be banned from the new Lloyds TSB.

But then suppose that after 20 years they split up again into Lloyds and TSB. Would I still be banned from both TSB and Lloyds? Or would things revert to me being banned from Lloyds but not TSB? 

Obviously that question was tongue in cheek but I dare you to go into (THAT) branch and ask.. or even better, raise a complaint!

Bridlington1

trient said:

Bridlington1 said:

Suzey said:

Bridlington1 said:

WillPS said:

Bridlington1 said:

I went into my local Lloyds branch today and their response was as expected. They said that I am bared from opening a LBG account for life and that it was a decision taken by head office and cannot be overturned. They also said they had no contact details for the account closure team and had a bit of a moan about how these letters always tell you to go into branch when they can do nothing about it.

Ah that is wrenching news. I wonder how 'for life' these things really are? Surely there's a right to be forgotten at some point if this is a 'no fault' closure?

I don't know but my only hope of opening a Lloyds account in the future seems to be if the bank collapses, gets taken over or splits up.

Blimey, I have just read the whole of this thread.  Thanks for sharing.  Yes, if the group gets broken up etc then you might be able to go back to some of the banks.

I was telling my bf about this, and he pointed out that the Lloyds Banking Group ban would probably work the other way too, so if they acquire / join forces with any other institutions / brands in the future it would likely cover those as well.

Things could get quite interesting in the future then. Suppose Lloyds were to merge with another bank, say TSB. Using that logic I would be banned from the new Lloyds TSB.

But then suppose that after 20 years they split up again into Lloyds and TSB. Would I still be banned from both TSB and Lloyds? Or would things revert to me being banned from Lloyds but not TSB? 

Obviously that question was tongue in cheek but I dare you to go into (THAT) branch and ask.. or even better, raise a complaint!

I certainly had no intention of being tongue in cheek there. I asked that question because I would genuinely be interested to know the answer to it. Apologies for not making this point clearer.

If it helps I can swap Lloyds for "Bank A" and TSB for "Bank B". Then my question rephrased is:
Suppose Bank A were to merge with another bank, say Bank B. Using that logic I would be banned from the new Bank AB.

But then suppose that after x number of years they split up again into Bank A and Bank B. Would I still be banned from both Bank B and Bank A? Or would things revert to me being banned from Bank A but not Bank B? 

pecunianonolet

Bridlington1 said:

trient said:

Bridlington1 said:

Suzey said:

Bridlington1 said:

WillPS said:

Bridlington1 said:

I went into my local Lloyds branch today and their response was as expected. They said that I am bared from opening a LBG account for life and that it was a decision taken by head office and cannot be overturned. They also said they had no contact details for the account closure team and had a bit of a moan about how these letters always tell you to go into branch when they can do nothing about it.

Ah that is wrenching news. I wonder how 'for life' these things really are? Surely there's a right to be forgotten at some point if this is a 'no fault' closure?

I don't know but my only hope of opening a Lloyds account in the future seems to be if the bank collapses, gets taken over or splits up.

Blimey, I have just read the whole of this thread.  Thanks for sharing.  Yes, if the group gets broken up etc then you might be able to go back to some of the banks.

I was telling my bf about this, and he pointed out that the Lloyds Banking Group ban would probably work the other way too, so if they acquire / join forces with any other institutions / brands in the future it would likely cover those as well.

Things could get quite interesting in the future then. Suppose Lloyds were to merge with another bank, say TSB. Using that logic I would be banned from the new Lloyds TSB.

But then suppose that after 20 years they split up again into Lloyds and TSB. Would I still be banned from both TSB and Lloyds? Or would things revert to me being banned from Lloyds but not TSB? 

Obviously that question was tongue in cheek but I dare you to go into (THAT) branch and ask.. or even better, raise a complaint!

I certainly had no intention of being tongue in cheek there. I asked that question because I would genuinely be interested to know the answer to it. Apologies for not making this point clearer.

If it helps I can swap Lloyds for "Bank A" and TSB for "Bank B". Then my question rephrased is:
Suppose Bank A were to merge with another bank, say Bank B. Using that logic I would be banned from the new Bank AB.

But then suppose that after x number of years they split up again into Bank A and Bank B. Would I still be banned from both Bank B and Bank A? Or would things revert to me being banned from Bank A but not Bank B? 

I guess it will be easier to change your legal name and apply as a new person 

gelato_cat

Bridlington1 said:

Suzey said:

Bridlington1 said:

WillPS said:

Bridlington1 said:

I went into my local Lloyds branch today and their response was as expected. They said that I am bared from opening a LBG account for life and that it was a decision taken by head office and cannot be overturned. They also said they had no contact details for the account closure team and had a bit of a moan about how these letters always tell you to go into branch when they can do nothing about it.

Ah that is wrenching news. I wonder how 'for life' these things really are? Surely there's a right to be forgotten at some point if this is a 'no fault' closure?

I don't know but my only hope of opening a Lloyds account in the future seems to be if the bank collapses, gets taken over or splits up.

Blimey, I have just read the whole of this thread.  Thanks for sharing.  Yes, if the group gets broken up etc then you might be able to go back to some of the banks.

I was telling my bf about this, and he pointed out that the Lloyds Banking Group ban would probably work the other way too, so if they acquire / join forces with any other institutions / brands in the future it would likely cover those as well.

Things could get quite interesting in the future then. Suppose Lloyds were to merge with another bank, say TSB. Using that logic I would be banned from the new Lloyds TSB.

But then suppose that after 20 years they split up again into Lloyds and TSB. Would I still be banned from both TSB and Lloyds? Or would things revert to me being banned from Lloyds but not TSB? 

You could always ask them now about how it would work in that event.  Or just try it whenever they split out after any future merger / acquisition.  My gut says you'd only be banned from whatever's in the group at the time you apply for an account.

wmb194

Bridlington1 said:

Suzey said:

Bridlington1 said:

WillPS said:

Bridlington1 said:

I went into my local Lloyds branch today and their response was as expected. They said that I am bared from opening a LBG account for life and that it was a decision taken by head office and cannot be overturned. They also said they had no contact details for the account closure team and had a bit of a moan about how these letters always tell you to go into branch when they can do nothing about it.

Ah that is wrenching news. I wonder how 'for life' these things really are? Surely there's a right to be forgotten at some point if this is a 'no fault' closure?

I don't know but my only hope of opening a Lloyds account in the future seems to be if the bank collapses, gets taken over or splits up.

Blimey, I have just read the whole of this thread.  Thanks for sharing.  Yes, if the group gets broken up etc then you might be able to go back to some of the banks.

I was telling my bf about this, and he pointed out that the Lloyds Banking Group ban would probably work the other way too, so if they acquire / join forces with any other institutions / brands in the future it would likely cover those as well.

Things could get quite interesting in the future then. Suppose Lloyds were to merge with another bank, say TSB. Using that logic I would be banned from the new Lloyds TSB.

But then suppose that after 20 years they split up again into Lloyds and TSB. Would I still be banned from both TSB and Lloyds? Or would things revert to me being banned from Lloyds but not TSB? 

Due to competition issues, Lloyds is already so large that it's highly unlikely to be allowed to buy any other bank. That's the reason it had to divest what it called TSB* and it was only exceptional circumstances that allowed it to buy HBOS in the first place.

*thank goodness as I've always disliked that brand, it never sat right with Lloyds, it was chalk and cheese.

eskbanker

Bridlington1 said:
Suppose Bank A were to merge with another bank, say Bank B. Using that logic I would be banned from the new Bank AB.

Are they blood banks?

Middle_of_the_Road

eskbanker said:

Bridlington1 said:
Suppose Bank A were to merge with another bank, say Bank B. Using that logic I would be banned from the new Bank AB.

Are they blood banks?

I'm not positive..... but I think that is a negative

eskbanker

Middle_of_the_Road said:

eskbanker said:

Bridlington1 said:
Suppose Bank A were to merge with another bank, say Bank B. Using that logic I would be banned from the new Bank AB.

Are they blood banks?

I'm not positive..... but I think that is a negative

I think I now know why we often read about donor accounts for switching....

redux

Bridlington1 said:

trient said:

Bridlington1 said:

Suzey said:

Bridlington1 said:

WillPS said:

Bridlington1 said:

I went into my local Lloyds branch today and their response was as expected. They said that I am bared from opening a LBG account for life and that it was a decision taken by head office and cannot be overturned. They also said they had no contact details for the account closure team and had a bit of a moan about how these letters always tell you to go into branch when they can do nothing about it.

Ah that is wrenching news. I wonder how 'for life' these things really are? Surely there's a right to be forgotten at some point if this is a 'no fault' closure?

I don't know but my only hope of opening a Lloyds account in the future seems to be if the bank collapses, gets taken over or splits up.

Blimey, I have just read the whole of this thread.  Thanks for sharing.  Yes, if the group gets broken up etc then you might be able to go back to some of the banks.

I was telling my bf about this, and he pointed out that the Lloyds Banking Group ban would probably work the other way too, so if they acquire / join forces with any other institutions / brands in the future it would likely cover those as well.

Things could get quite interesting in the future then. Suppose Lloyds were to merge with another bank, say TSB. Using that logic I would be banned from the new Lloyds TSB.

But then suppose that after 20 years they split up again into Lloyds and TSB. Would I still be banned from both TSB and Lloyds? Or would things revert to me being banned from Lloyds but not TSB? 

Obviously that question was tongue in cheek but I dare you to go into (THAT) branch and ask.. or even better, raise a complaint!

I certainly had no intention of being tongue in cheek there. I asked that question because I would genuinely be interested to know the answer to it. Apologies for not making this point clearer.

If it helps I can swap Lloyds for "Bank A" and TSB for "Bank B". Then my question rephrased is:
Suppose Bank A were to merge with another bank, say Bank B. Using that logic I would be banned from the new Bank AB.

But then suppose that after x number of years they split up again into Bank A and Bank B. Would I still be banned from both Bank B and Bank A? Or would things revert to me being banned from Bank A but not Bank B? 

Try not to waste time thinking up such abstruse considerations