I found out yesterday that RBS have closed my account with no warning and they have said I can't get any funds out of the account.

They say there is a letter on it's way - it leaves me in a bad way just a few days before Christmas.

They told me to contact them in the New Year to see if there is any update.

How long can they keep my money for?

I had an old debt with Natwest going back 20 years - can they take this from my RBS funds??

moved to the RBS forum.

had any large sums deposited of recent?

Welcome back to CAG - They may attempt to use the Right To Offset - But i am unsure if they are able to do so (Had this issue previously)

Can you setup another account elsewhere / Do you have a parachute account already?

Have you had any transfer in or out recently?

I already know that I am on the CIFAS register (not my fault) but it was too stressful to fight the case so I would imagine this is the reason - the RBS was my spare account when the previous account was closed! I do have one other bank account that is still open and not linked to RBS

I really need my funds back

If you are on the CIFAS register then this will be RBS seeing that and going - "Nope - We dont want you"...

AS for funds - It depends on the situation - If these are your funds - Then technically they should arrange for full withdrawal providing their Fraud Team identify they are genuinely yours.

Ok thank you - I can show where all the funds came from so I just hope they release them - what sort of proof will they want - contact details of everyone who deposited them? I have a lot of transactions

Oh hang on a sec - Lots of deposits? ... That doesnt sound good.

Not saying that youve done anything wrong but if you have lots of deposits, sometimes it can ring alarm bells...

I know it might not sound good - but I had no other account so had to use it for business

I understand that - So I see a few pointers here

1 - You've breached the T&Cs of the account more than likely - A Current Account is for Consumers only - Businesses need to have a Separate Current Account

2 - You have a CIFAS marker... 'Nuff Said

3 - Money sent to you may have come from an untrustworthy source

4 - Debt oustanding to RBS Group

Unfortunately the bank works under a veil for things like this... Part of Money Laundering Laws / KYC.

How much is it that they have kept?

So you got a CIFAS marker from Barclays... So lets roll it back...

What happened with Barclays?

Somebody paid several thousands into my husbands business account - he informed Barclays and the police that it was an unexpected payment so they dealt with it. Result was account closed and we were put on CIFAS register.

RBS have quite a few thousand at the moment

Right lets deal with Barclays. What did you do to deal with them?

RBS - Well - I dont know what to suggest - Apart from sending a SAR Request to them.

You could complain to the CEO but we really need to try and sort this in some way.

Thing is - We cant help you unless you tell us EVERYTHING.

The bank have kept 40k

which bank ??

have you sent those SAR's off yet?

Its the RBS