Bank credit FCL TRUST CLIENT SETTLEMENT

AustinZ

I had a few payments under <£100 into my bank account under this title:

"Bank credit FCL TRUST CLIENT SETTLEMENT"

I have no clue what it is and where is coming from... !? Without giving much personal info I have no loan or mortgage, only shares and investments, and no dividend scheduled to go into this account...

I called the bank and they had no clue either, no more info..., they just said it is a UK bank transfer.

I shouldn't complain much when money coming in, but I want to know if I have to pay tax on it and what it is regarding..., anyone else seen the same entries... ? what else/next should I do... ?

grumpy_codger

https://www.google.com/search?q="FCL+TRUST" - just some information.

Zanderman

Could be payments from Funding Circle - from a P2P investment?

Eyeful

If all else fails, put this question in to an AI chatbot, ask if they have any idea what it might be about.
The suggestions you get back might jog your memory about whats it all about.

AustinZ

Zanderman said:

Could be payments from Funding Circle - from a P2P investment?

That's a good one, I had this one, both normal and ISA accounts, but now emptied both, but maybe they have some bad debt clearing or something else, I follow with them to see - I wish they put their name when transferring money... ! 

Why did you think of them, have you had any experience or heard of them using FCL Trust name etc. ...?