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withdrawal verification held money with interest loss

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  • Bigwheels1111
    Bigwheels1111 Posts: 3,040 Forumite
    1,000 Posts Third Anniversary Name Dropper
    singhini said:
    @Bigwheels1111 £135 loss of interest in such a short time, how much did you transfer and who was the bank?

    £230,000 on that day.
  • singhini
    singhini Posts: 874 Forumite
    Tenth Anniversary 500 Posts Name Dropper Combo Breaker
    @Bigwheels1111
    What was the interest rate?
    And who was the bank?


  • ZeroSum
    ZeroSum Posts: 1,201 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    I've had similar with Virgin. Was only coppers, but was sort of the principle of the matter. However, they basically didn't want to know. Fobbed me off & said it's the fraud department, fraud department then say they don't deal with Interest etc, refuse to take responsibility for losing their customers money.
  • hkfhk
    hkfhk Posts: 5 Forumite
    Name Dropper First Post
    ZeroSum said:
    I've had similar with Virgin. Was only coppers, but was sort of the principle of the matter. However, they basically didn't want to know. Fobbed me off & said it's the fraud department, fraud department then say they don't deal with Interest etc, refuse to take responsibility for losing their customers money.
    bingo, it's virgin again. it's really a bad experience to customers. delaying the payment had made trouble to the customer already, they further expolit the interest the customer derserves made the matter very bad.
  • Ergates
    Ergates Posts: 3,049 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    hkfhk said:
    it's a good business for the bank to earn customer's interest by holding fund.
    Banks don't pay themselves interest.
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