I have a Cifas Marker and can’t open any kind of Bank Account

haha I knew someone would pick on something from my comment :sweat_smile: I went back and forth trying to word it in a way that didn’t make me sound like a heartless old man

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A scammer with GDPR training and DBS? :face_with_open_eyes_and_hand_over_mouth:

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The problem with a GBP account abroad would be that they would give you an IBAN but probably not a UK sort code and account number. And most employers will not pay or make an IBAN transfer

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Hmmm, gotta be a way around that though. Just thinking about it. I was gonna say HSBC Global View and realised nope, CIFAS.

Wirex? and there’s another one I can’t remember. But you deposit with your own sort code and account number, no direct debits, but atleast a debit card

Fineco might have done the biz, but it’s closing in the UK next month.

Wise abroad does give me a UK Sort code and account number

Would wise run a CIFAS?

The UK entity would, yes. If you opened an account abroad it wouldn’t because Cifas is a UK agency.

But that would require either moving abroad or committing further fraud, both of which are quite drastic moves.

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I was borderline going to say that yesterday, wish I had now.

I understand some people are trying to help but I don’t think the answer to fraud is to commit potentially more.

I think the answer is look for a high street bank which might offer a basic account and be completely honest from the first second of the full situation because they’ll find out eventually anyway.

Has this thread run its course? @AlanDoe

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High street banks aren’t going to budge, haven’t you seen how everyone says that, nobody is successful and then it gets regurgitated. I bet you there’s branch staff that don’t know what CIFAS is, or if they do, no autonomy to override a referred application. It’s usually all automated.

Source: done branch applications at several banks

In fact procedurally, they won’t even be allowed to disclose that as the reason for rejection

What harm is continuing civil on-topic conversation doing?

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Also worth mentioning not all banks use CIFAS, most, but not all.

I’m thinking one of those niche ones that I signed up for may work. Going to have a look at the list of personal current account providers vs. CIFAS members.

I’m not sure I can name a high street bank that isn’t a CIFAS member

It might be civil but telling people who are probably in a desperate citation options that might instigate, even innocently, more potential fraud, I can see how that might not be ideal.

The conversation might be civil but its a bit like saying to someone who can’t use a card to gamble “you could always get cash out” because that might cause someone in a desperate situation to risk it a little more.

That was the answer in the first reply to the OP.

I know :wink:

Not trying to shut down what I agree is a civil thread and with a lot of very well meaning people. But just bringing back the only sensible option back around in and among a lot of what-a-boutaries and might works.

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On that front, I gather that CoOp and Barclays are the go to choice for bankruptcy, possibly also in this situation.

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Which ones don’t? They might be the key to this thread.

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Is it possible to get a CIFAS from opening too many current accounts? Like could the banks get a bit sketched out about it?

Purely a hypothetical question… I’m definitely not a card collector :slightly_smiling_face: :credit_card:

(For reference, I don’t have a CIFAS. And I’d like it to stay that way)