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-   -   UK banks to avoid using with PP (https://www.aspkin.com/forums/bank-accounts/116355-uk-banks-avoid-using-pp.html)

sky759 03-30-2018 05:29 AM

UK banks to avoid using with PP
 
Hi guys

Does anyone advise which UK banks should avoid for PP.

I have read on threads that Halifax bank is a bad 1. Are there any others?

Or the best banks which are good for PP

Thanks

13obby 03-30-2018 10:30 AM

Re: UK banks to avoid using with PP
 
Lloyd’s, TSB, NatWest I’ve issues with all 3, Lloyd’s closed my account & I had to go in to Lloyd’s bank to provide id and proof of where my funds are coming from.

sky759 03-30-2018 11:02 AM

Re: UK banks to avoid using with PP
 
Thanks 13obby

just_smile 03-30-2018 11:39 AM

Re: UK banks to avoid using with PP
 
It does depend on your relationship with the bank, what type of bank account you use and how much money you have running through them, plus other factors.

Lloyds, tsb, have been on the sh*t list for years, ive never used them myself for that reason.

Halifax has had multiple reported problems too.

donkeykong2012 03-30-2018 11:43 AM

Re: UK banks to avoid using with PP
 
I have never had any issues with any Bank.

Including Lloyds, TSB, Halifax etc..

However I have a good relationship with the Banks having been with them for many years.

oompaloompa 03-30-2018 12:13 PM

Re: UK banks to avoid using with PP
 
natwest and halifax were fine for me.
this is mismatched names we are mainly discussing right?

13obby 03-30-2018 12:41 PM

Quote:

Originally Posted by just_smile (Post 910959)
It does depend on your relationship with the bank, what type of bank account you use and how much money you have running through them, plus other factors.

Lloyds, tsb, have been on the sh*t list for years, ive never used them myself for that reason.

Halifax has had multiple reported problems too.

Yeah apparently Lloyd’s, TSB & Halifax are owned by HBOS so you will have issues with these banks so keep away from them.

sky759 03-30-2018 12:55 PM

Re: UK banks to avoid using with PP
 
Thanks guys. I think I'll go for something like nationwide or yorkshire building society. I am currently with Halifax but the savings account don't accept PayPal for some reason.
Ideally I am wanting to open an account and then open saving accounts for the stealth PayPals.

JamesNorth101 03-30-2018 03:14 PM

Re: UK banks to avoid using with PP
 
Halifax should be able to get added to PayPal. I use a Halifax savings account (well a few!) myself without issue

13obby 03-30-2018 04:22 PM

Quote:

Originally Posted by JamesNorth101 (Post 910997)
Halifax should be able to get added to PayPal. I use a Halifax savings account (well a few!) myself without issue

That’s weird I’ve had issues with all these accounts I’m not sure what’s going on I was depositing about 10k a month on average so it’s very peculiar why these accounts work for some and not for others, I have noticed Business Accounts get less scrutiny with now issues like you get with personal accounts. With business accounts you can also attach sub accounts which is a bonus.

rsot 03-30-2018 06:56 PM

Re: UK banks to avoid using with PP
 
Might want to check if HSBC changed their high-balance requirements for new accounts /shrug - nice bank for stealth if you can get it

sky759 03-31-2018 12:11 AM

Re: UK banks to avoid using with PP
 
Quote:

Originally Posted by JamesNorth101 (Post 910997)
Halifax should be able to get added to PayPal. I use a Halifax savings account (well a few!) myself without issue

Is there a way to get the Halifax saving account to accept PayPal? Do we have to activate something on them or should just go ahead and attach them?

oompaloompa 03-31-2018 08:55 AM

Re: UK banks to avoid using with PP
 
Quote:

Originally Posted by sky759 (Post 910974)
Thanks guys. I think I'll go for something like nationwide or yorkshire building society. I am currently with Halifax but the savings account don't accept PayPal for some reason.
Ideally I am wanting to open an account and then open saving accounts for the stealth PayPals.

Actually, YBS used to be a problem, dont know if anyone has had good experience here with it....

purpl 04-01-2018 12:45 PM

Re: UK banks to avoid using with PP
 
Quote:

Originally Posted by sky759 (Post 910894)
Hi guys

Does anyone advise which UK banks should avoid for PP.

I have read on threads that Halifax bank is a bad 1. Are there any others?

Or the best banks which are good for PP

Thanks

lloyds have been working fine with me personally!

sky759 04-05-2018 09:38 AM

Re: UK banks to avoid using with PP
 
Does the Co-op savings account work?

just_smile 04-05-2018 09:51 AM

Re: UK banks to avoid using with PP
 
Quote:

Originally Posted by sky759 (Post 912213)
Does the Co-op savings account work?

Yes - works well

one23four 08-20-2018 03:47 AM

Re: UK banks to avoid using with PP
 
You can check Ebay stealth or Amazon stealth, this question already answered in book with examples.


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