HSBC EX PAT FROZEN ACCOUNT

Barristerboy

Dear Readers

I am a barrister and am therefore not allowed to hold client money. All my fees are anyway subject to voluntary KYC checks. I also have a large inheritance from a very reputable London firm of solicitors who were my late mother's executors. My fees are paid into a current account and my inheritance into a rolling 3 month deposit as I don't want to risk loosing it. Account opened 2023.

So far so good. In January 2025 I received an email from the Review Team at HSBC Ex Pat on Jersey asking about various payments. I answered and they wrote back thanking me.

2 weeks later on 24th January my account has been frozen. Since then a wall of silence.

I don't know what it could be. I only joined the bank on Jersey because my sons bank there.

I have set up a temporary account with Revolut but it does not seem to like receiving fee income.

This is all causing havoc with my professional life and I am very regulated by the Bar Standards Board and the Solicitors Regulatory Authority.

Any ideas would be most grateful. 

eskbanker

Is it a personal account or a business one?

wmb194

Barristerboy said:

Dear Readers

I am a barrister and am therefore not allowed to hold client money. All my fees are anyway subject to voluntary KYC checks. I also have a large inheritance from a very reputable London firm of solicitors who were my late mother's executors. My fees are paid into a current account and my inheritance into a rolling 3 month deposit as I don't want to risk loosing it. Account opened 2023.

So far so good. In January 2025 I received an email from the Review Team at HSBC Ex Pat on Jersey asking about various payments. I answered and they wrote back thanking me.

2 weeks later on 24th January my account has been frozen. Since then a wall of silence.

I don't know what it could be. I only joined the bank on Jersey because my sons bank there.

I have set up a temporary account with Revolut but it does not seem to like receiving fee income.

This is all causing havoc with my professional life and I am very regulated by the Bar Standards Board and the Solicitors Regulatory Authority.

Any ideas would be most grateful. 

Third party deposits? Using a personal account for business?

Why Revolut? Why not a proper bank?

flaneurs_lobster

Is it likely that a practising barrister would mistake "loosing" for "losing"? Or be "very regulated"?

Or be seeking advice on a consumer/money-saving website?

Or telling us all about their "large inheritance"?

Come on.

Hoenir

Barristerboy said:

 In January 2025 I received an email from the Review Team at HSBC Ex Pat on Jersey asking about various payments. 

Something has been flagged up........................ 

IanManc

flaneurs_lobster said:

Is it likely that a practising barrister would mistake "loosing" for "losing"? Or be "very regulated"?

Or be seeking advice on a consumer/money-saving website?

Or telling us all about their "large inheritance"?

Come on.

And the Solicitors Regulation Authority has no role whatsoever in the regulation, supervision or disciplining of barristers. The governance of the two professions is entirely separate. 

Ayr_Rage

Why would you want an offshore account if you are not an expat?

All sounds a bit fishy.

@flaneurs_lobster you missed  HSBC Ex Pat 

flaneurs_lobster

I wonder, if by any chance, someone might be able to assist the unfortunate Prince barrister to access their large fortune by offering the use of their own bank account, perhaps in return for a 10% fee?

flaneurs_lobster

Ayr_Rage said:

@flaneurs_lobster you missed  HSBC Ex Pat

Well to be fair, HSBC Expat is a real thing (based in Jersey and HK).

Ayr_Rage

flaneurs_lobster said:

Ayr_Rage said:

@flaneurs_lobster you missed  HSBC Ex Pat

Well to be fair, HSBC Expat is a real thing (based in Jersey and HK).

Agreed, but expat is one word, adding to the loosing error.

LOL.

Middle_of_the_Road

flaneurs_lobster said:

Is it likely that a practising barrister would mistake "loosing" for "losing"? Or be "very regulated"?

Or be seeking advice on a consumer/money-saving website?

Or telling us all about their "large inheritance"?

Come on.

The OP in reality, is probably a Barista 🙂