withdrew to uaccount, limits exceeded, money lost?

[juke123321]

withdrew to uaccount from a 180 day limited account
uaccount tells me 2 days later that my limits have exceeded

they also say no timescale, is the money lost?

[JamesNorth101]

Best people to ask is Uaccount

[juke123321]

Originally Posted by JamesNorth101

Best people to ask is Uaccount

have done, since they say no timescale im guessing they're gonna hold the funds like paypal do for a long time

[sax4]

3250 a day, 6000 in 7 days are the incoming payment limits

[juke123321]

Originally Posted by sax4

3250 a day, 6000 in 7 days are the incoming payment limits

they said i exceeded them. so they need to refund the payment back to paypal, but give no timescale. suprised nobody else has had this issue

i wonder if they'll even refund them

[meloncoly]

Uaccount aren't the best by a long shot. Many people have had their funds held for long periods of time and it can be very difficult to retrieve them.

[juke123321]

Originally Posted by meloncoly

Uaccount aren't the best by a long shot. Many people have had their funds held for long periods of time and it can be very difficult to retrieve them.

ive read up and saw this, but it seems to be for people who was restricted on their uaccount.
im struggling to see anyone who's in my situation
so far they said they contacted their finance office and they have given me a reference number, but no timescale... which i dont like

[Londonboy17]

Its been 3 month i am waiting for refund. all they saying, they cant refund it automatically as its came from Paypal.So they will do it manually but cant give any specific date for refund.

[juke123321]

Originally Posted by Londonboy17

Its been 3 month i am waiting for refund. all they saying, they cant refund it automatically as its came from Paypal.So they will do it manually but cant give any specific date for refund.

Check pms

[Pandoras_box]

After reading about myriads of troubles with Uaccount, I'll personally never use it to cash out from PayPal.
I have a ton of it but I'll reserve them for the sole purpose of strengthening PayPal accounts.

[KODE332]

No it is not lost. I have had that happen, Took around 3 month. You have to keep going on live chat and reminding them. They will refund the money back to paypal.

[USB]

Originally Posted by Londonboy17

Its been 3 month i am waiting for refund. all they saying, they cant refund it automatically as its came from Paypal.So they will do it manually but cant give any specific date for refund.

I have been waiting for 7 months for refund.

they said same thing to me that i exceeded the amount but when i did my math there was a huge difference and when i asked them when your limit cycle starts they said we dont know

UAccount is a nightmare....

Trust me Guys Avoid Uaccount at all cost
its good to just link and verify the account other than this its a crap

[Jigsaw]

UAccount definitely not recommended for the long term. They closed my account last year after asking for help from their support to track down a missing Amazon payment. Nosy staff member said that she reviewed my account and determined I was receiving funds as a business and gave me notice that my account will be closed. They did allow me to transfer all my remaining balance to another bank during my closure period, but they immediately stopped me from receiving new payments.

As for the missing Amazon funds, that was actually due to Amazon disbursements being messed up and failing, so money was not actually sent in the first place and eventually returned to my Amazon balance.

Makes me wonder if I would still have my account with them if I never contacted their support in the first place...

[juke123321]

still in limbo for a £800 payment, contacted ombudsman...

now they wont reply

[juke123321]

now uaccount saying it was a BACs payment, not a FPID.
paypal are asking for FPID but obv cant give them it... ugh

[xsolent]

uaccount are in adminstration. Supposedly 'a management / ownership shakeup'.

[xsolent]

Well Ffrees Family Finance (the founders of uaccount) are in administration- https://www.thegazette.co.uk/notice/3246488.

U Holdings Ltd (same people behind Ffrees) have been acquired by Morses Club PLC. https://www.thegazette.co.uk/notice/3246488

Also on the Uaccount online statment balances have been moved to 'WDCS' which is wirecard card solutions ltd who issue the cards.

[ston]

Originally Posted by xsolent

Well Ffrees Family Finance (the founders of uaccount) are in administration- https://www.thegazette.co.uk/notice/3246488.

U Holdings Ltd (same people behind Ffrees) have been acquired by Morses Club PLC. https://www.thegazette.co.uk/notice/3246488

Also on the Uaccount online statment balances have been moved to 'WDCS' which is wirecard card solutions ltd who issue the cards.

thanks for the info, i use my uaccount card to travel with stagecoach (contactless) but since around a month ago the card is declined, although never had a problem anywhere else,

[paulfoltyn]

Originally Posted by JamesNorth101

Best people to ask is Uaccount

Get more information out of a unicorn than uaccount

[paulfoltyn]

I've contacted the financial ombudsman .. still awaiting an outcome since march. Funny that account had £1200+ yet another account which had around £2 in was allowed to transfer the money out after the limit because "its a lot of administration work" before they closed the account.

So they'll happily keep big amounts but not interested in small amount. Also full of ⊗⊗⊗⊗ reviews on tripadvisors

Fraud company if you ask me

[stevebills]

use uaccount at your own risk and don't send large amounts of money from Paypal to them try and get the cash or to spend it on ebay

[james_112233]

This wave of new online banks, they are all slowly going to be closed down 1 by 1 ...

All of them are dodgy as hell. Certainly no good for long term use. Only a long standing high street bank can be trusted.