A friend with Bank of Scotland went to send me some money today. The interface seemed to flag up the fact that the receiving account was with Monzo as a risk factor.
Anyone else seen something like this pop up?
A friend with Bank of Scotland went to send me some money today. The interface seemed to flag up the fact that the receiving account was with Monzo as a risk factor.
Anyone else seen something like this pop up?
I believe Lloydâs group and all itâs brands do this for all banks on their internet banking itâs a standard fraud warning
Apparently this was a first for them, which is why they mentioned it to me.
Iâll double check tomorrow but Iâm pretty sure Iâve seen it on other sortcodes
Fair enough. I hope thatâs the case.
The implication to them was that âmy bank doesnât like Monzoâ. To be fair to them, thatâs what that message says to me too.
Iâve seen it loads of times with different banks/sort codes. Nothing to worry about, just them watching out for people scamming innocent customers.
Happens on Halifax sortcode too (on Lloydâs IB)
Thanks for checking @glasgow
Whatâs that law about the answer to questions in headlines always being âNoâ?
I donât think thatâs what it does. To me the key part is âWe would never ask you to send money to a âsafeâ account.â
I believe this would hint to them trying to protect against the kind of scam where someone phones the customer pretending to be the Bank of Scotland, says their account has been compromised and, that to protect their money they need to transfer it to a âsafeâ account that has been created for them by the Bank of Scotland âstaff memberâ theyâre speaking to.
Edited to add: Itâs not that theyâve flagged Monzo specifically, theyâre making it clear what the destination bank is so that if the above is the case, the customer is given extra reason to think âHang on a minuteâŚâ, Iâm sure.
That makes perfect sense if itâs a notice coming up every time.
My sister is completely unable to send money to my monzo from her HBOS account. So she sends it to my HBOS account and i send it to myselfâŚ
I got a Lloydâs accountâŚsending money to any accountâŚI get the same message
Thought this was interesting. When I was setting up my Monzo account to transfer the remaining money from my Halifax account, I got this warning when I put in the Monzo sort code. Has anyone else seen this behaviour before?
Thatâs standard for Halifax. Got that same message when I was adding a new standing order to joint account.
So does this warning appear for all banks, or just Monzo?
All banks. See me wondering the same a while back: Bank of Scotland flagging Monzo? (Answer: no)
All banks. This has been a Halifax thing for a while now. Itâs nothing specific to Monzo.
Also, far be it from me to say what you should or shouldnât do, but I personally wouldnât have my account number and sort code on display online! I could very well go set up a lovely Direct Debit to a wonderful charity in your nameâŚ
Thatâs a generic warning. Iâve had that for every payee Iâve ever set up with Halifax.
Ah yes, thank you! Although nobody would be getting much money out of it
Ah yes, I can see! Apologies for the double post!