Serious issues regarding mismatched names, bank fraud flags and law enforcement

[hello1212]

Originally Posted by solefoodbk

I would hate to try and build a business in UK.

None of my friends from school live here anymore, all relocated to Asia.

Understandable, the UK government are shameless.

[ft16]

Originally Posted by Ticamen0013

Sole reason why many old members left this place to begin with. Forum housed with idiots which I can name 2 from UK, one from canada, one from Japan and the other from USA who makes threads: "What is your best AI prompts."

At least name names, I want to be a idiot too!

[phaz0rz]

Originally Posted by solefoodbk

I would hate to try and build a business in UK.

Feels like the UK gov't goes out of their way to prevent anyone from making any money over there. Could be a result of the declining empire tho.

"You work your socks off, finally make a few bob, and before you know it the government's had its cut. Between the taxman and the paperwork, there's barely enough left to keep the lights on."

[agent006140]

Originally Posted by hello1212

I doubt it's a BS story.

What's probably happened here is a multiple of security / high risk flags that have caused this account review and further closure.

The direct debit inward payments from eBay wouldn't solely be the reason/causation of this to happen, there are many other factors at play I'm sure the account holder isn't disclosing.

I've operated with many banks in the UK using stealth accounts with names mismatching, never had an issue.

In 2026, if a bank doesn't like the way you use your account (e.g. spending your money a lot and receiving lots of payments, which I classify as using your money as you want, but they see it as risky behaviour) they will put your account on hold / close your account without question, as they do not want to have to lose $20m+ at court (such as Metro Bank in 2024) for non-regulatory compliance/negligence.

It's really got nothing to do with the banks, they want our money. It's the regulatory pressures from governing bodies that have now made it so restrictive to do much of anything without it being looked at as money laundering.

My final point about OP's "friend" would be that he isn't very cleaver forfeiting the funds. It would be quite straight forward to prove the sales were conducted by him, what goods were sold etc., and an excuse for the name being different could be that he shares an eBay account with a friend and could prove it through other means.

Remember it's all suspicion but it's not confirmation of any wrongdoing as many regular people face this issue, having their bank accounts / money frozen for regulatory checks.

Forfeiting the funds without a fight was self admission of wrongdoing, he should've hired a legal team or simply provided eBay sales invoices.

As far as CIFA's go in the UK, the CIFA system is absolutely flawed in every possible way. You could be a victim of financial crime (someone stole your credit card and purchased goods online) and you could receive a strike.

If you have a CIFA strike in the UK, all high street banks are out of the question as they check for it. His best bet would be mobile banks (e.g. Starling, Revolut etc.)

I once had my account under review, I supplied invoices and proofs of funds entitlement, which allowed me back access to my money but they closed my account without explanation, regardless, which leads me to believe it's the regulatory pressure as they saw something they didn't like (e.g. transactions looking like business transactions on a personal account or large amounts of money coming in and out of my account, despite being explained and evidenced).

To conclude, I feel OPs story is valid, but there is a lot of missing information here, especially if the police / NCA were involved.

Traditional personal banking is meant to serve the average consumers,with some deposits ,some withdrawals and some checks,over and above that is a burden,you may want to open a commercial bank account.
In US,like my Chase Bank account,I am entitled to 6 withdrawals,more than that I have to pay a fee,the account is free and they sent me statement every month,there are other accounts with no limits,but one has to maintain a higher balance like $5k.

[rsot]

Originally Posted by agent006140

Traditional personal banking is meant to serve the average consumers,with some deposits ,some withdrawals and some checks,over and above that is a burden,you may want to open a commercial bank account.
In US,like my Chase Bank account,I am entitled to 6 withdrawals,more than that I have to pay a fee,the account is free and they sent me statement every month,there are other accounts with no limits,but one has to maintain a higher balance like $5k.

Some smaller banks and credit unions have lower balances needed to allow for no-fee transations - worth looking into

[agent006140]

Chase suits me fine and but it closed a brick and mortar branch in our neighborhood,then it closed the ATM machine?
People do need cash

[murdered_by_ebay]

chase uk is not the same as usa , smaller and less significance , the market is controlled mostly by other banks

[agent006140]

I know it is a different Chase,but bank hardly makes money on our deposits,it is more like a courtesy so we would some day apply for autoloan,mortgage,credit card.
Credit card is where they make good money

[solefoodbk]

Originally Posted by murdered_by_ebay

chase uk is not the same as usa , smaller and less significance , the market is controlled mostly by other banks

Chase blacklisted me by my SSN

[hello1212]

In general, whenever you give your money to a bank, it's not 100% yours anymore.

I've read horror stories of single mothers having to default on their mortgages due to a bank determining something as "suspicious" and having their accounts/funds placed on hold. Also people being stranded on holidays being locked out of their money and accounts.

But then again what other choices do we have.. We like the convenience banks offer us..

The only other way I could think of is a hard wallet or stashing gold bars in a safe but that has its own headaches

[agent006140]

Most of us do not have problem with our bank accounts,but then these days most of us do not keep a large amount in our bank accounts.
These days when you make a deposit,it takes longer to clear !

[hello1212]

Originally Posted by agent006140

Most of us do not have problem with our bank accounts,but then these days most of us do not keep a large amount in our bank accounts.
These days when you make a deposit,it takes longer to clear !

You hit the nail on the head!!

Reminds me on how much easier things used to be..

[mrsalexia]

Originally Posted by hello1212

You hit the nail on the head!!

Reminds me on how much easier things used to be..

Humans are too passive and pussies
They just get used to any nee restriction/regulation

A restart is needed…:

[hello1212]

Originally Posted by mrsalexia

Humans are too passive and pussies
They just get used to any nee restriction/regulation

A restart is needed…:

I keep saying it but it's impossible, it's how they designed it.

You want to stop paying tax? You can't it gets taken out of your income (if you work a 9-5) you would have to quit your job, go starving and broke.

So you mean to tell me over 50% tax on income earned is justified? You get nothing in return and are expected to work for over half a year for free? For what? You break your back public healthcare isn't there and nothing works as far as everyday public services go.

Most people work to survive in the UK that's a fact. Even if you're on paper making £100k a year after tax and rent you save maybe £5-10k a year, I know because most people I know earn this and have nothing to show for it

Your not happy with the new rules imposed? Ok, off you go to jail, its the rules, sorry..

Last year for example, you could accept international wires with different names, now if you accept a wire with a different name it's a criminal offence and you receive a CIFA blackmark.

We are controlled spineless ants and they know they can treat us as they like, esp now with technology. Covid control was a part of it and it'll only get worse... It's over

[phaz0rz]

All downhill from here, especially as people become seemingly less literate by the year. Covid did the conditioning and now AI is taking care of the brain drain. Stupid people are far less likely to revolt.


Eventually a big war will shake things up. It's inevitable.

[deepsofts]

All of this is terrible and frightening. But back to the topic: does Revolut verify the name on the account and the name of the incoming payment against eBay? Perhaps it’s necessary to use a business account?

[rsot]

Originally Posted by deepsofts

All of this is terrible and frightening. But back to the topic: does Revolut verify the name on the account and the name of the incoming payment against eBay? Perhaps it’s necessary to use a business account?

just clarifying - when did Revolut step into this thread for discussion?

[gerald]

Originally Posted by rsot

just clarifying - when did Revolut step into this thread for discussion?

I know you are just a pathetic spammer but try not to be an arsehole too.

[phaz0rz]

rsot is one of the few people helping to keep this forum from sliding into total irrelevance. He's never spammed anything unless you count the "welcome to canada" youtube video.


@deepsofts - more people would see your question if you started your own thread

[hello1212]

Originally Posted by phaz0rz

All downhill from here, especially as people become seemingly less literate by the year. Covid did the conditioning and now AI is taking care of the brain drain. Stupid people are far less likely to revolt.


Eventually a big war will shake things up. It's inevitable.

Precisely.

Stupid people follow.

They are conditioned from school to be told what to do and listen without free thought.

The majority are stupid, conditioned and submissive, which is a sad reality.

The government knows they can get away with anything, they don't receive any consequences as they are the ones that create the laws that enforce the consequences, why would they punish themselves?

Again, they print money as they want to aid their debts as a result of corruption/stupidity (e.g. providing "aid" to Nigeria over £150m of UK tax money btw) if any regular person tried printing money it would be a criminal offence, so its basically one rule for them and another for everyone else, the whole system is a laughing stock really, pointless to even talk about everything that's wrong with it we'd be here for ages

[hello1212]

Originally Posted by gerald

I know you are just a pathetic spammer but try not to be an arsehole too.

rsot is far from a "pathetic" person, let alone a "spammer".

He's been active on here for years with thousands of helpful posts.

Behave.

[hello1212]

Originally Posted by deepsofts

All of this is terrible and frightening. But back to the topic: does Revolut verify the name on the account and the name of the incoming payment against eBay? Perhaps it’s necessary to use a business account?

Every bank can see every direct debit that you setup.

They can see the name discrepancy, they can see everything.

The name being different isn't an issue otherwise they wouldn't accept the direct debits in the first place.

They may ask you who this is why the name is different, to that you explain it's your family/relative or partner and you use their account to sell eBay items from time to time. They may ask for ID proof of this person, but very unlikely.

Again it's not against any banking rules or illegal to setup/accept direct debits into your bank account with a different name.