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I had my business account frozen by Barclays for similar reasons but they responded quickly and had me up and running again quickly. Basically I had an internat
by dnh44 9y ago
I had my business account frozen by Barclays for similar reasons but they responded quickly and had me up and running again quickly. Basically I had an international customer making cash payments directly into my account at Barclays branches in the UK (I think he used some kind of underground international payments system). After a few times I got locked out of my account. They tried telling me it was an IT error. They opened the account back up in about a week but I was on the phone with them every day.
I now have multiple bank accounts and a currency broker that I also use like a bank.
Oddly enough I tried to open an account with HSBC after that but because I've got a couple customers in "naughty" countries they refused to open the account. Their attitude makes a total mockery of all the advertising they seem to have plastered around at airports all over the world.
- dx034 9y ago> I now have multiple bank accounts and a currency broker that I also use like a bank. Transferwise? Any experience with that? Their offering sounds interesting.
- dnh44 9y agoI use CurrencyFair and am very happy with them. Transferwise are a bit cheaper but they since have VC money and are likely to be cheap only temporarily I haven't tried them out.