Nationwide not allowing National Lottery payments (Merged)

perc

For about four years now I've run a Euro Millions syndicate with colleagues at my work. We only do it when the jacks over £85m and we have about 120 people in each one. 

I back with nationwide, and they have contacted me and told me that this could be unlawful and "unfortunately, none of our accounts would support this activity as it is outside the scope of what Nationwide allows, in order to keep our members safe. We therefore continue to ask that you please cease the activity on this account."

I obviously do not run a raffle or private lottery.

Have other people come across this, and what bank accounts permit you to run a national lottery syndicate?

perc

For about four years now I've run a Euro Millions syndicate with colleagues at my work. We only do it when the jacks over £85m and we have about 120 people in each one. 

I back with nationwide, and they have contacted me and told me that this could be unlawful and "unfortunately, none of our accounts would support this activity as it is outside the scope of what Nationwide allows, in order to keep our members safe. We therefore continue to ask that you please cease the activity on this account."

I obviously do not run a raffle or private lottery.

Have other people come across this, and what bank accounts permit you to run a national lottery syndicate?

la531983

So what are you actually doing on this bank account? People pay money into it, and then you use the debit card associated with the account to buy National Lottery tickets?

Is it the ONLY thing you use it for?

la531983

This is a duplicate of your other thread so will just paste the reply in...

So what are you actually doing on this bank account? People pay money into it, and then you use the debit card associated with the account to buy National Lottery tickets?

Is it the ONLY thing you use it for?

penners324

Looks like business transactions I suspect. Lots of different people paying the same amount.

la531983

Aye I didnt see the 120 number in the opening post. Thats a lot of people, I would maybe start collecting cash off them instead.

Ayr_Rage

Only one thing to do, stop using the account for the lottery or risk it being closed.

You are obviously not running the account in accordance with Nationwide's Ts and Cs.

perc

la531983 said:

So what are you actually doing on this bank account? People pay money into it, and then you use the debit card associated with the account to buy National Lottery tickets?

Is it the ONLY thing you use it for?

Yes, no other transactions on the account. It is only used for the syndicate to avoid confusion.

M25

perc said:

For about four years now I've run a Euro Millions syndicate with colleagues at my work. We only do it when the jacks over £85m and we have about 120 people in each one. 

That made me laugh. Isn't that the same as the mob used to do with the numbers?

I'm surprised you've not had the police at your door.

Joolski

They probably don't like that many different people paying money into your account...the banks are all really watchful of money laundering etc now, and maybe this kind of activity throws up some kind of red flag to them? 

I've always found Nationwide to be pretty helpful, and would be inclined to ring them and explain what you're doing and ask them if they have any alternative suggestions or alternative account that you could use  (you may have done that already, in which case sorry, I don't have any alternative suggestions).

eyeballpaul

Ask National Lottery who they recommend?