Payment to a closed account?

stewartwilliams

Closed my Lloyds bank account a couple of months ago, opening a new account elsewhere.
Got a payment from a travel related claim being paid into the Lloyds account at present.

What happens here considering I've no account with them?
Payment sent back?
Transferred to the new account in the same way as everything previously?

la531983

Depends how you closed it. Was it part of a "switch"?

stewartwilliams

la531983 said:

Depends how you closed it. Was it part of a "switch"?

Yes, a switch.

la531983

stewartwilliams said:

la531983 said:

Depends how you closed it. Was it part of a "switch"?

Yes, a switch.

Should bounce to the new account then, assuming it's within the timeframe (can't recall what this is)

eskbanker

la531983 said:

stewartwilliams said:

la531983 said:

Depends how you closed it. Was it part of a "switch"?

Yes, a switch.

Should bounce to the new account then, assuming it's within the timeframe (can't recall what this is)

After a CASS switch, transactions are forwarded from old bank to new for a minimum of three years but indefinitely thereafter until there's a period of 13 months without any redirections.