Jump to content
House Price Crash Forum
Sign in to follow this  
TheCountOfNowhere

Get Your Sandwiches And Portable Chair Ready

Recommended Posts

just joined the coop to get the £100 if you transfere your account to them.

as usual i will take the money and run and then transfer it to another account provider to get there free bee.

i think its called quantative easing but it more productive than savings accounts

Share this post


Link to post
Share on other sites

'The bank, which was forced to raise almost £2bn to plug a capital black hole last year, reported significantly lower losses of £75.8m for the period compared to the same time during 2013 and said its wider financial position was improving despite "deep-rooted" problems remaining.

The bank, which shed 13% of its permanent staff and closed 46 branches over the six months, said it lost 28,199 current account holders but its net customer number losses had since slowed.'

And it's wider financial position is improving because a huge drop in liabilities thanks to 30,000 people taking their current accounts away.

You gotta love it.

Share this post


Link to post
Share on other sites

And for any co-op account holders, this news should make a few thousand more consider leaving the bank.

I left around a year ago;

Always.....PANIC FIRST

Edited by TheCountOfNowhere

Share this post


Link to post
Share on other sites

I was going to start a thread about Halifax. Is it just me, or is it extraordinarily difficult to get money out of them? Twice in the last month I've transferred £5K to another UK account - one that I have used before, no security issues. They have "suspended the payment", told me they would review in 24 hours, on one occasion it took 72 hours, on another occasion I had to go into the branch and negotiate with them to make it happen. Call center performance is shocking, and the excuse they gave me is that they are really busy reviewing "potentially fraudulent payments".

Hmmm.....

Share this post


Link to post
Share on other sites

I was going to start a thread about Halifax. Is it just me, or is it extraordinarily difficult to get money out of them? Twice in the last month I've transferred £5K to another UK account - one that I have used before, no security issues. They have "suspended the payment", told me they would review in 24 hours, on one occasion it took 72 hours, on another occasion I had to go into the branch and negotiate with them to make it happen. Call center performance is shocking, and the excuse they gave me is that they are really busy reviewing "potentially fraudulent payments".

Hmmm.....

No. Me to. Took me 2 months to get my money out. They had me down at two adrreses. They were sending statements to my current address and security stuff to an old address. As soon as they stumbled on this, I got a cheque _ seurty be dammned.

Share this post


Link to post
Share on other sites

I was going to start a thread about Halifax. Is it just me, or is it extraordinarily difficult to get money out of them? Twice in the last month I've transferred £5K to another UK account - one that I have used before, no security issues. They have "suspended the payment", told me they would review in 24 hours, on one occasion it took 72 hours, on another occasion I had to go into the branch and negotiate with them to make it happen. Call center performance is shocking, and the excuse they gave me is that they are really busy reviewing "potentially fraudulent payments".

Hmmm.....

I tried to make a £15k payment from a Santander account just under a year ago. I was fully ready for it to fall foul of fraud detection crap, and to get on the 'phone to them. But it all went through just fine. As did a topup: a transfer of £15k into that account (the current account that pays 3% interest) from elsewhere.

Next day, the recipient phones up, desperately worried. The money hasn't come through. I try logging on, only to find that my login has been disabled. I try 'phoning, only to fail the "security", 'cos they want details I can't access without logging in. They've told me all's well, only to go back and change it retrospectively. Kafka would've been proud of them!

Drop everything, get on the bike, and pedal to a branch carrying a bunch of documents like passport and council tax bill. Grrrr...

Share this post


Link to post
Share on other sites

I tried to make a £15k payment from a Santander account just under a year ago. I was fully ready for it to fall foul of fraud detection crap, and to get on the 'phone to them. But it all went through just fine. As did a topup: a transfer of £15k into that account (the current account that pays 3% interest) from elsewhere.

Next day, the recipient phones up, desperately worried. The money hasn't come through. I try logging on, only to find that my login has been disabled. I try 'phoning, only to fail the "security", 'cos they want details I can't access without logging in. They've told me all's well, only to go back and change it retrospectively. Kafka would've been proud of them!

Drop everything, get on the bike, and pedal to a branch carrying a bunch of documents like passport and council tax bill. Grrrr...

Pretty much the same thing happened to me recently with Santander. I suspect much of the 'fraud detection' sh*t is just in place to slow down the stampede to the exits in a bank run giving them time to put more official capital controls in place.

Share this post


Link to post
Share on other sites

I don't seem to have these problems transferring money. Recently, I've made transfers of £10k and £5k, and they went through with no dramas. I'm with the Co-op, by the way.

Share this post


Link to post
Share on other sites

I had an account with the Halifax part of HBOS a few years back and had no end of trouble with it. In the end I concluded their systems (IT and organisational) were just excrement and closed it. I get the feeling a lot of banks are still suffering the after effects of trying to merge operations with acquisitions whilst not spending any money on IT (or anything much else for that matter besides executive compensation) so as to make it look like the deal wasn't entirely equivalent to heaping up shareholders' money in a pile and burning it.

Share this post


Link to post
Share on other sites

I don't seem to have these problems transferring money. Recently, I've made transfers of £10k and £5k, and they went through with no dramas. I'm with the Co-op, by the way.

Ditto. The local branch all know me too and will go the extra mile to sort things out if there's a problem. Although they are clearly struggling. It is no longer opening on Saturdays because apparently they get less than half a dozen customers that day. I guess they'll get rather fewer now.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   206 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.