In Barclaycard small print, they have terms for general right of set off within the Barclays Group, If the account were frozen with surplus balances at the time of bankruptcy they would seek to exerise the right.
In recent cases I have had post bankrupty funds applied to the account and Barclays sought to setoff against the Barclaycard liability - they realised their error that when the line was cut there were no available funds to setoff and reversed the transaction sameday,confirming that the account could continue to operate.
This was confirmed by Barclays Financial Services Legal Notices unit
They have finally caught up with the others then Halifax and bank of scotland (HBOS) have been doing this for some time and over time more and more were doing so.
I cant get a bank with Barclays or Natwest and i have tried at the Co-Op and i have got to wait until next to see if i can have a bank with them. If i cant get a bank with the Co-op who can i get one with
It may be better to start a new topic as this one was last updated 18 months ago.
The Co-op should allow you to open a Cashminder account as this is very BR friendly. If they refuse then Think banking will definitely accept you however they charge a fee each month for the account.
hi i had a basic step account with natwest i went to see them before my or meeting and they said i could keep my account i was pleased with that hope you are successful with opening one
What bank will give me an account
Posted - 16 March 2008 : 12:49:07
