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Money matters

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Bank hold on account

4 replies

JustCheckMyHead · 25/05/2023 17:46

Hi all, sorry to make what is probably a gun jumping post but I have awful anxiety.
I got paid today and out my wages into my ‘bills’ account. I paid some bills out, and later in the day I received a loan payment into my account to the tune of 10k. This appears to have done something and I can’t see my account on my banking. I called the bank and they said it’s under investigation and should be looked at within 24 hours.
has anyone had experience of this? I have really worked on my money anxieties but this has really set off the physical symptoms and worried me.

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Bananaandpecan · 25/05/2023 17:58

Where did the loan come from?
It's probably due to being unusual for your account to have that amount of money deposited.
I wouldn't worry just yet. They will investigate where it came from and if all is above board and you can show its a loan they will release the funds.

Clymene · 25/05/2023 17:59

It's AML regs (money laundering). Once they determine the source is legit (assuming it is), they'll take the block off.

JustCheckMyHead · 25/05/2023 18:01

Thank you for taking the time to reply, it’s genuinely appreciated, this has not happened to me before

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JustCheckMyHead · 25/05/2023 18:01

The loan is from a proper company, not a person/gift

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