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Re: Bank Accounts Closed By Natwest and RBS
 

I am British - have lived in the UK all my life.

I have never made any cash withdrawals.

All I ever used the accounts for is to receive funds from PayPal and occasionally I transfer them to one of my other bank accounts with a different bank.

I have not done anything illegal.

It surely must be because I opened too many accounts so quickly. Funny how the closures happened within a day or two of them being opened...

Re: Bank Accounts Closed By Natwest and RBS
 

Not just you

https://www.dailymail.co.uk/money/sa...injustice.html

Re: Bank Accounts Closed By Natwest and RBS
 

I know mate. It seems to happen a lot.

I feel a lot better about it now but I have been worried sick all week.

I will be keeping a close eye on my credit report and will request a report from CIFAS in a couple of months time just in case.

Re: Bank Accounts Closed By Natwest and RBS
 

Is that with RBS? How many is several?

Re: Bank Accounts Closed By Natwest and RBS
 

Again, you haven't answered my questions, who evidence of you got of someone being taking to court for using stealth details?

Re: Bank Accounts Closed By Natwest and RBS
 

So it's been over a month and nothing much has happened. I returned the form to Natwest but they havent yet transferred my money. I believe they have big backlogs though because of the corona virus situation. I have been told a decision will be made within 60 days. I understand that this is just a standard response.

Having spoken to a number of people in this forum and in a group on Facebook it seems that Natwest are closing lots of accounts at the moment and with the people I spoke to who had their accounts closed last year / at the start of the year they have not received any problems with their credit reports and have nothing recorded against them with CIFAS (which was my main concern).

Overall I think I will be ok as my Barclays, Halifax, Nationwide, Co-OP, HSBC and Metro Bank accounts are all still open and working fine. If there had been something serious I am sure they would have closed quickly.

I will keep you all advised...

Re: Bank Accounts Closed By Natwest and RBS
 

It may also depend on the types of accounts you have as my basic and saver accounts never have problems but any current accounts I open seem to get closed

Re: Bank Accounts Closed By Natwest and RBS
 

I only had a basic account plus a few savers

Re: Bank Accounts Closed By Natwest and RBS
 

I have similar problem now. What happened in your case? A few months have passed. Did you have any issues?

Re: Bank Accounts Closed By Natwest and RBS
 

You should do a DSAR to CIFAS .

If RBS have popped a CIFAS marker it won't show up on your own credit report, CIFAS only put protective registration markers visable to you.

You need to search the actual CIFAS database as it's highly likely they've have left a misuse of facilty marker.

Re: Bank Accounts Closed By Natwest and RBS
 

I have beaten natwest and halifax - go to the financial omnibudsmen keep all evidence and docs EVERYTHING..you'll win at FOS. Halifax had to pay me £300 compensation too

Re: Bank Accounts Closed By Natwest and RBS
 

It's been over 6 months since they closed my accounts. I never found out why and nothing ever happened. I have done DSAR requests with CIFAS and nothing was listed. I have had no problems whatsoever since. Just had to move to another bank...

Re: Bank Accounts Closed By Natwest and RBS
 

I had this with Barclays, they shut me down with no explanation.

Re: Bank Accounts Closed By Natwest and RBS
 

And did you ever have any CIFAS markers left - or any problem opening bank accounts / obtaining credit since?

Re: Bank Accounts Closed By Natwest and RBS
 

Well I haven't tried to obtain credit since then, but I was able to open 2 new bank accounts.

Re: Bank Accounts Closed By Natwest and RBS
 

Mine all accounts were closed by Natwest. I have been using them for 15 years

Re: Bank Accounts Closed By Natwest and RBS
 

Why just out of the blue, no reason ? did you receive too much money in a stealth name ? give people some context please.

Re: Bank Accounts Closed By Natwest and RBS
 

Loyds and Halifax closed my accounts as well. i have never used halifax and i used Lloyds for few months. never used them for stealth, i used lloyds on my main eBay real account, they both sent me the exact same letter.

Re: Bank Accounts Closed By Natwest and RBS
 

Did you make too many cash withdrawals consecutively ?

I just don't get why banks would out of nowhere close your accounts.

Re: Bank Accounts Closed By Natwest and RBS
 

I have not used halifax bank account.
Loyds, I have received around £5000 per day for 3 days from Ayden eBay and sent them abroad.
Also got loads of credits, but ot in debt.

Re: Bank Accounts Closed By Natwest and RBS
 

Straight up money laundering suspicions then.

5 grand a day for 3 days straight followed by transferring the funds out of the account to an international bank account ? come on. You set off their algorithms / bots

Receiving 5 grand a day wasn't the issue. It's the transferring the money out so quickly that was ...