banks are not opening business accounts or treasurer accounts0

[wolfpavek1]

I was shocked with this one, i wanted to open a treasurers account for a local charity or good cause, and was told thebank lloyds were not opening any new accounts, what even for charity or good cause.

THEY DONT WANT OUR MONEY.

so i went to nationwide they too are not opening accounts either, but this is the killer, it includes business accounts, so they dont want money, or new business.
so i rang them, surely it cant be that difficult so maybe its been moved to online or over the phone, ABSOLUTELY NOT, 

charitys commission is closing charities at high speed, companies house too, and the banks are closing or blocking accounts, so its been done deliberately,a nd they are stealing money at high speed, while everyone is distracted.

I said, to the clerk, does leaukemia, cancer, sports or clubs suddenly stop because corona is here.
INSANE

[oz93666]

This is very strange , wolf .... could indicate a total crash is on the horizon ...  In a crash they don't care if your money is in an account or you hold it in cash , because cash will be devalued greatly ... only if you change your cash  it into something useful like food , can you preserve value ...

 

This is also another way of shutting down the economy , corona is destroying many businesses and the banks are stopping new ones starting so the economy can only dive more ...

 

I'm wondering how the banks justify this to their staff ... the only way I can think of is that new start ups nearly always want to borrow money from banks , and at this time the banks see this as just too risky an investment for them. 

[Sexpistol50]

You can open a business account at the Post Office . Banks are closing down just look at TSB closing down their branches and the majority of them are located in poor working class areas .

Cashless society just around the corner. 

[Morpheus]

Just spoke to me mate who works at Santander. You can open a new account, in branch, by appointment only. 

 

Good luck.

 

https://www.santander.co.uk/business/current-accounts/treasurers-current-account

Edited October 2, 2020 by Morpheus

[wolfpavek1]

I opened a tsb account online and when I visited the local branch it was a Nigerian Western Union dodgy set up anda church above it. Told tsb and they didn't repky

[wolfpavek1]

A bank cannot open an account if it is illiquid, knowing it is technically broke thats FRAUd and severe, so they wont open up accounts for that reason.

Its to do with knowingly intending to defraud, so businesses cannot open, too risky, charities or causes for money laundering and personal because they bear the brunt and if they lose their money, due to illiquidity, the bank must compensate them all or the bankers will be arrested.

mortgaes cannot beraise on none funds

this is the biggie though

zero interest rates, the banks want everyone with a mortgage to pay it off asap, to collect assets for FRACTIONALISING AGAIN,

no interest is technically a SHARIA or ISLAMIC ORTGAGE, and that is supposed to be paid in full at the end of the trem, a b it like a buy to let mortgage.

Martin Lewis is NOT CEMAP qualified or FCA compliant he wont say anything, the banks are broke.

the Lloyds BANKING GROUP is TLBG or LGBT, and the wealth have their money in Coutts or Cutns

 

 

Edited October 30, 2020 by wolfpavek1