All my bank accounts closed

[WESTCEL]

Hi guys just a word of warning , been using stelth accounts for a while now.

Been using Halifax had 5 accounts all going well opened another 2 savings accounts so 7 in total.

Then all of a sudden could not login to my online banking, phoned them up and I was told I have 60 days to clear my accounts because they did not understand why I was using so many accounts.

Now I have a fraud mark to my name. I have lots of stealth accounts with no valid bank accounts on them. Now I will really struggle to open and more with any one.
So people so don't open to many accounts with Halifax because this may happen to you.

I really need help, is there any pre paid accounts out there that work?
Thanks westcel

[GreenBean]

Sorry to hear of this news, westcel.

There are online accounts that can be used.

You have a more pressing matter.

You need to deal with the actions of the bank before you do anything further.

As soon as possible get your free copy of your credit report.

Have you any idea what triggered this?

If it's too personal, please pm me.

Do note, you need to check matters B4 opening further bank accounts.

GB

[Elijah]

Natwest is just as bad... although I didn't get any CIFAS markers fortunately. I had this same crap happen to me from opening "too many" online accounts.

[WESTCEL]

Had one account about a year ago and there was money put in there and I did not know where it came from.
Phoned the bank, they took the cash out and advised me to close that account.

I did and that was that,then the other day when creating new accounts , the accounts were closed, Halifax just didn't like the accounts I guess.

And he said on the phone about what happens on other account last year.

thats what I get for being honest and telling the bank that the money was not mine, I should have just kept it

[rsot]

quote:

Had one account about a year ago and there was money put in there and I did not know where it came from.

Sadly that kind of stuff could blackmark you with the bank

[WESTCEL]

I know that's what I'm worried about, not just for eBay I'm not worried about that , its about having a bank acc at all with anyone.

[GreenBean]

You can not just sit on forum making statements.

You need doing work to get the reasons for the bank's actions.

Dont be scared off because of a dratted bank

[sax4]

Bit of a concern, I have a few accounts with Halifax.

So they told you that you had a fraud mark? Yikes, I wonder how that affects opening accounts with other banks.

All the more reason to diversify, the Ebay market is worldwide, open up some European bank accounts etc

[Elijah]

I like Irish banks

[they_screwed_me_too]

yes possibly a little concerning

i have lots of halifax accounts running stealth accounts

im not sure of your particular situation or finances

are you a long time customer with well established solid current accounts ?

or have you simply opened many accounts at once as a new customer

[NoneOther]

Originally Posted by WESTCEL

Had one account about a year ago and there was money put in there and I did not know where it came from.
Phoned the bank, they took the cash out and advised me to close that account.

I did and that was that,then the other day when creating new accounts , the accounts were closed, Halifax just didn't like the accounts I guess.

And he said on the phone about what happens on other account last year.

thats what I get for being honest and telling the bank that the money was not mine, I should have just kept it

Halifax as we all know is pretty solid for stealth if like all other banks their services are not abused or seen to being used in an inappropriate manner.

There is more to this story than meets the eye or has been divulged so far. My guess is it relates to the "unkown" deposit and subsequent use of other accounts since.

For the banks to close all accounts without warning and to advise the customer of CIFAS markers indicates serious misuse of the accounts in my opinion, not just a "we think you have opened too many accounts with us"

[Elijah]

Natwest did exactly this, minus the CIFAS marker part, to me. And in my case it truly was just a case of "you opened too many accounts with us".

[NoneOther]

Too many too quickly will always draw a banks attention to your activities and every bank has the right to withdraw it's services from a customer if it so wishes.

CIFAS warnings however are a completely different kettle of fish. These are not issued just because you open too many accounts, there has to be evidence of serious misuse of the accounts that could lead to or has led to fraud

[sax4]

Is it worth closing tainted accounts?, or do you think this will just draw extra attention to you?

[NoneOther]

Do you mean bank accounts?

I would say if the bank have already taken action then trying to close accounts would be futile.

[Elijah]

Originally Posted by NoneOther

Too many too quickly will always draw a banks attention to your activities and every bank has the right to withdraw it's services from a customer if it so wishes.

CIFAS warnings however are a completely different kettle of fish. These are not issued just because you open too many accounts, there has to be evidence of serious misuse of the accounts that could lead to or has led to fraud

The only problem there is that nowhere did I mention how quickly I made the accounts or the quantity, so I dont't know where you're getting that from. It was 8 over several weeks. In my case it was not "too many too quickly" by any stretch of the imagination... it was simply "too many" full stop....

[NoneOther]

My comments were not directed at you personally but in general to the topic of the thread.

Had I been directing them at you I would have quoted your post as you have mine.

[GreenBean]

Elijah

your problems with your bank are well documented.

Not required to hijack this thread with a repeat of info.

OP has matter in hand and will report at a later time.

[sax4]

Yeah bank accounts, I mean closing them as soon as they're no good for Amazon or Paypal