Raisin Finance- Cant get my money back

m_howell
m_howell Posts: 10 Forumite
Tenth Anniversary First Post Combo Breaker
edited 19 April 2023 at 4:08PM in Budgeting & bank accounts
I opened a savings account with raisin on 24/11/22 and they got me to transfer the money to them.  The savings account was then rejected and I have not been able to get the money back from them into my account.  I have sent numerous emails and complaints but just get generic responses from their customer services team. 
I really don't know what to do next as it is a substantial amount of money and I want it back.  Can anyone offer me any advise where to turn?     

Comments

  • powerful_Rogue
    powerful_Rogue Posts: 8,281 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    m_howell said:
    I opened a savings account with raisin on 24/11/22 and they got me to transfer the money to them.  The savings account was then rejected and I have not been able to get the money back from them into my account.  I have sent numerous emails and complaints but just get generic responses from their customer services team. 
    I really don't know what to do next as it is a substantial amount of money and I want it back.  Can anyone offer me any advise where to turn?     
    Have you phoned them? If so, what did they say.
    0161 601 0000 
    Monday to Friday (excl. Bank Holidays)
    8:30 am to 4:30 pm


  • m_howell
    m_howell Posts: 10 Forumite
    Tenth Anniversary First Post Combo Breaker
    Yes offer me the same explanation and have to sit on hold waiting to get through for 40/50 mins 
  • eDicky
    eDicky Posts: 6,835 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Well what is that 'same explanation'..?
    Evolution, not revolution
  • m_howell
    m_howell Posts: 10 Forumite
    Tenth Anniversary First Post Combo Breaker
    Thank you for your response and for your ongoing patience.
     
    We are sincerely sorry for the delay. Please note, we have asked our IT department to provide us with an update and will be in touch with more information as soon as possible. 
     
    We understand this is extremely frustrating but please know our IT team are working hard in the background to have this resolved for you as soon as possible. 
     
    If you have any further questions in the meantime, please get in touch.
  • datz
    datz Posts: 165 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    edited 19 April 2023 at 8:42PM
    m_howell said:
    I opened a savings account with raisin on 24/11/22 and they got me to transfer the money to them.  The savings account was then rejected and I have not been able to get the money back from them into my account.  I have sent numerous emails and complaints but just get generic responses from their customer services team. 
    I really don't know what to do next as it is a substantial amount of money and I want it back.  Can anyone offer me any advise where to turn?     

    Five months is a long time for a legitimate financial company to hold on to your cash and ignore you (and presumably your formal complaints). As your thread title mentions 'Raisin Finance', I hope you didn't send your money to this one: Raisin Finance (clone of FCA authorised firm) [link]

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