Anyone had issues transferring from TSB to Monzo recently? Had a friend try to make a transaction to me through the Internet bank and they locked his entire bank account because of fraud, after spending hours on the phone he was told that it was because Monzo is a “hotbed of fraudulent transactions”
Unless it was a very large amount that they didn’t think he had the rights to, or suspected fraud based on him, which is probably more likely, where the money is going doesn’t really matter if it’s Monzo or HSBC or anywhere else.
I have a TSB account which I moved to Monzo from.
I only use this now to pay in cheques, where once was some inheritance money which I attempted to transfer over, and the transfer was blocked due to it being a higher amount than usual to Monzo. Had to speak to their fraud team who asked me at the time what it was for, why transferring and they did make reference to it being to a monzo account also.
Once I told them the answers, it was my monry going to my account it got authorised.
No issues since