Really worried

[Worrymummy21]

Hello, sorry this isn’t a AIBU
But just needed a bit of advice from either someone this has happened to or someone who works in the industry.
I have 4 bank accounts.
My main one (santander) for salary bills etc
Second one (natwest) is used for big purchases holidays etc
Third one (Lloyds) savings
And forth one (hsbc) never used (actually forgot I had it)

I was trying to log into my second account a few days ago and it was telling me to contact them for assistance because my access was disabled. I phoned them yesterday and they said that they have closed My accounts under their t&c and cannot give me a reason why.
Today I have received a letter from hsbc (forth account-never used) basically telling me the same thing and to contact cifas for more info.
I’ve since checked the log in for the other 2 accounts and they seem fine at the moment.
I am so worried , what could be happening?
I understand cifas is a fraud prevention company, why on earth would they be involved?
Has this happened to anyone? Or does anyone have any info on why 2 accounts in 2 days have been closed without hesitation.
Are my other accounts going to be closed, as I have savings in one and salary going into the other! I don’t know what to do. And I have to wait a month for a subject access info from cifas.

Tia

I have a Monzo account and you can have different pots and move money around. When I got paid my bonus I saved the money in one of my Monzo pots then transferred it back to my account to pay for my wedding stuff. Also couldn't you pay for holiday on credit card then pay it off straightaway. That will improve your credit rating too.

@Ellpellwood

Transferring in large cash amounts and then paying straight out again may have been flagged as money muling hence CIFAS.

That shouldn't have affected HSBC. That may be a coincidence.

This and HSBC will have closed your account because you’re not using it.

They clear out dormant accounts regularly.

@HelpMeh

I think HSBC got in a load of trouble a few years back to do with money laundering so I imagine their tolerance is low.

In Mexico but it had implications across the world.

Definitely very cautious around money laundering. I’ve changed my mind over the dormancy thing.

There’s probably been a CIFA alert on the first account closed and they’ve offloaded you quick to prevent you moving your potential money laundering to them.

The cash that your husband gets, where does it come from? Large amounts of cash paid in, then out are suspicious.

For your own banking security get him to transfer electronically from his account, even if that means him paying in the cash to his own account himself.

Is there any possibility that your DP is doing cash in hand type jobs or involved in anything illegal like drugs?

Accounts are more linked than ever and money being deposited in cash and then being used does indicate some illegal activity often.

Presuming this is not the case then I would encourage your DP to save in a bank so there is traceability.