Here are five things that your bank will never ask you to do – but fraudsters might: 1. For a better experience, please enable JavaScript in your browser before proceeding. They have the right to quiz you as they have to look out for money laundering. You can set-up a UK bank account without a UK proof of address. I've been a customer of this bank for 19 years, and I've never had a problem withdrawing money. How is it any of their business? Don’t miss these 20 hidden fees you had no idea you were actually paying . ANYONE can get a bank account. On some EU states/or all (don't know) the bank provides the infos to the financial government. They ask over a certain amount, I thought it was over £7,000, though I put a cheque for a bit over that into my account 18 months ago and they didnt ask at all. While Metro Bank customers usually receive their debit cards the next day, customers at most banks have to wait between three and seven days for theirs to arrive. My bank in the UK has asked me this too, in the UK they still havent got a clue about internet earnings. If you deposit it a bit at a time you shouldn't have to answer questions. "You can't lie in those situations," says Jeffery Robinson, author of "The Laundrymen," a book about money laundering. I am willing to bet that this works in the same way as airport security in which they target people who are plainly low risk but "compliant" so they don't have to ask the difficult cases. If you believe that the lender’s decision is unfair, you should initially take up your complaint with the lender, but all financial institutions must provide a fact sheet on the Financial Ombudsman Service (FOS) following a complaint. Although you can have money in the bank when you file for unemployment, you cannot continue to draw a significant amount of earnings while you collect benefits. You can make sure you’ve got the right bank account for you by asking your bank the questions below. If you pay cash into your account it’s usually available for you to spend on the same day. Automated payments Do not do this. Zukiswa Ncamile / 28 June 2018 Am desperately need for a bank account I do have a copies of my I'd and proof of address. I've been with the bank for 15 years and the money in the accounts has been very slowly accumulated via direct-deposit paychecks over that time. Read this. It's a crap system, but it's the fault of a poor regulatory framework aimed at ticking boxes rather than actually addressing the problems of financial crime. There may be all sorts of reasons why people find themselves in financial difficulty and need emergency help with money. You can also transfer money into 15 different currencies ... UK bank account only: If you just want to open a UK bank account, you can pay £25 and get a UK bank account without proof of residency. btw, i totally agree that it is a shit system for dealing with money laundering. Try doing it in chunks of £900 if you don't want to answer questions. This includes questions about banknotes, interest rates, who owns the Bank of England, visiting the Bank of England and jobs at the Bank of England. Legally, if a sum of money is accidentally paid into your bank or savings account and you know it doesn't belong to you, then you must pay it back. Email us at money@the-sun.co.uk or call 0207 78 24516. Do something that he remembers you. It’s worth saving the webpage on your phone or printing it out. It may be through losing a job, or perhaps it's simply a reduction in income. If you want to open a Post Office card account you must first contact: the DWP if you get a benefit or State Pension; HMRC if you get tax credits; The Post Office will close all its card accounts on 30 November 2021. I told her it was none of her business, and she said that she couldn't go any further. Latest news, expert advice and information on money. You need a large sum of money from the bank and you're worried that the bank won't give you the amount that you need. You can then deliver the cash to the owner of the recipient bank account in person, allowing them to deposit it themselves, or you can go to a branch of their bank and ask to deposit money into their bank account. After you are close ,he could back your asss if something comes up. Published: 02:47 EST, 9 … I n a bid to protect customers from fraud, the UK’s big banks have published a list of things they will never ask you to do. By continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. Please help me I really need to open a bank account so that I can save money I don't have a I'd but I do have my I'd copies pls and for my salary to be paid in it Report Comment. You can have a UK bank account with just a few clicks. Someone has posted a tiny bag of white powder through our letterbox! Oh well fair enough.I am perfectly willing to wind my neck in. If they say no, show them that list. If you deposit it a bit at a time you shouldn't have to answer questions. It did feel none of his business, frankly. Tell them women pay you an obscene amount of money for your services in bed. When can you get hold of the money? Also, if they have reason to think the transaction may be illegal, they have the right to ask questions. You can choose to put your money … If the FDIC has not found a successor bank, you will not have access to your money, and you'll have to wait for a check from the FDIC. if it had been a business customer who was always lodging large amounts we wouldn't ask but for a personal customer we would especially if the only money they usually get in is a smaller amount like a benefit payment. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register. depends on what country your in, if in usa just say internet marketing. Read through the list before you go to the bank. We'll explain how to access food banks and where to get help with money in an emergency. To open a bank account, you need a proof of address, which might be hard to get if you are a non-resident. It doesn't matter who you are, the Bank will ask you nonetheless, and they do some reporting to Authority as well. If you have a simple money advice question rather than a consumer complaint, email our 'Ask an Expert' panel at moneyexpert@telegraph.co.uk. Mooshny/Shutterstock Refunds - If a call offers you a refund it’s a scam. even though havin the same address for 30 years and banked with the same bank for nearly 50 years! Pensions, property and more. Once you’ve changed your address, ask your bank to send a bank statement to your new address by post, and you’ll have a document that proves your UK address. Lloyds Bank would never call you about a … You may get emails or calls from someone who claims to be from your credit card issuer or bank. Generally, when a bank denies a claim, the next options include filing a claim with small claims court or filing a police report and seeking assistance from the authorities on how you can possibly get your money back. Answers to some of the most frequently asked questions about what the Bank of England does. It is Bank’s policy to ask for the source of money (if you are depositing), or what the money will be used on (if you are withdrawing) some money on certain limit. Can I Open A Bank Account Before I Arrive In The UK? and do all banks do this? I was like wtf where has she been for the past 15 years ... On every country there are different laws. The UK’s most popular digital bank, where you can set up an account from your phone. Banks may freeze bank accounts if they suspect illegal activity such as money … Find out more about Making phone and online bank transfers. Ask your bank where you can do your banking and what the costs are at each place. Help! Ciao, I've been exactly in this situation before – first with my own money, a bunch of cash I've kept at home, then with the cash gifts I'd got for my wedding (you know, the envelopes thing they do in the south).Both times – 1,000+ and 10,000+ – I went straight to my branch with the notes and asked to deposit it into my savings account, and the cashier asked, in a very … They may ask outright for your account information and if you're rattled, you might blurt it out. I hope this helps. These tricks can seem convincing and, if you don’t have your wits about you, the worst scenario could see your account emptied. In David's case, the call from Santander was genuine. 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