Donate SIGN UP

Frozen Bank Account

Avatar Image
royherbie | 20:34 Wed 20th Dec 2006 | Personal Finance
1 Answers
I have an account with HSBC which has been frozen by them, (Im going through an IVA at the moment). I had �250 in the account and HSBC have said that i cant have the money as once an account has been frozen no transactions can take place, in or out. Is this right? Is there any way of getting the money back?

Thanks in advance
Gravatar

Answers

Only 1 answerrss feed

Best Answer

No best answer has yet been selected by royherbie. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Be very careful with HSBC. When I went bankrupt my bank accounts were frozen as I knew they would be. However even after they were frozen HSBC still managed to pay out direct debits which they should not have done therefore making the situation even worse. (Perhaps in the eyes of HSBC a direct debit is not a transaction.

Make sure you get the name of your branch manager and only deal with them and only in writing. You will be surprised how suddenly you no longer exist when you phone the contact centres and they cannot access your details because your account is frozen

I am now with Nationwide and they have been fine so far.

Only 1 answerrss feed

Do you know the answer?

Frozen Bank Account

Answer Question >>