{"id":749040,"date":"2026-08-25T08:20:09","date_gmt":"2026-08-25T08:20:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/749040\/"},"modified":"2026-08-25T08:20:09","modified_gmt":"2026-08-25T08:20:09","slug":"lloyds-bank-is-holding-on-to-our-urgently-needed-5500-banks-and-building-societies","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/749040\/","title":{"rendered":"Lloyds Bank is holding on to our urgently needed \u00a35,500 | Banks and building societies"},"content":{"rendered":"<p class=\"dcr-1s160rg\">Last November, Lloyds Bank informed me, in my role as treasurer of my parish church, that the church account was to be closed and that I should open a new business account instead. This can only be done online, but a fault with their system prevented me \u2013 and local branch staff \u2013 from doing so.<\/p>\n<p class=\"dcr-1s160rg\">At the branch staff\u2019s suggestion, I opened the new account with a different bank in early March. Since then, I\u2019ve been trying in vain to get Lloyds to transfer the balance from the closed account.<\/p>\n<p class=\"dcr-1s160rg\">I\u2019ve been repeatedly told to visit my local branch and repeatedly told that the money would arrive within weeks. At one point I was told that the bank had lost my identity verification documents and so had put the case at the bottom of the pile.<\/p>\n<p class=\"dcr-1s160rg\">We are owed nearly \u00a35,500, which, for a congregation of 10 in a village of 60 houses, is a significant sum. We have had to borrow from parishioners to pay for essential repairs and to settle the electricity bill.<\/p>\n<p class=\"dcr-1s160rg\">CI, Yorkshire<\/p>\n<p class=\"dcr-1s160rg\">The apparent indifference of Lloyds is outrageous. As was its energy spurt when it realised public exposure was pending.<\/p>\n<p class=\"dcr-1s160rg\">As soon as I questioned its inertia, it winged off a mea culpa acknowledging poor and inconsistent communications and offering \u00a3400 in goodwill, plus \u00a396 in lost interest.<\/p>\n<p class=\"dcr-1s160rg\">What the letter from the executive complaints manager did not mention was the still-missing funds.<\/p>\n<p class=\"dcr-1s160rg\">So back I had to go to Lloyds, and off went another letter from the bank apologising for the omission.<\/p>\n<p class=\"dcr-1s160rg\">The money was transferred more than four months after the account was closed.<\/p>\n<p class=\"dcr-1s160rg\">A Lloyds spokesperson said: \u201cWe\u2019re sorry the customer had such a difficult experience. We should have handled things better.\u201d<\/p>\n<p class=\"dcr-1s160rg\">We welcome letters but cannot answer individually. Email us at <a href=\"https:\/\/www.theguardian.com\/money\/2026\/aug\/25\/mailto:consumer.champions@theguardian.com\" data-link-name=\"in body link \" https:=\"\" rel=\"nofollow noopener\" target=\"_blank\">consumer.champions@theguardian.com<\/a> or write to Consumer Champions, Money, the Guardian, 90 York Way, London N1 9GU. Please include a daytime phone number. Submission and publication of all letters is subject to <a href=\"https:\/\/www.theguardian.com\/letters-terms\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">our terms and conditions<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Last November, Lloyds Bank informed me, in my role as treasurer of my parish church, that the church&hellip;\n","protected":false},"author":2,"featured_media":749041,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,59,56,54,55],"class_list":["post-749040","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-gb","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/749040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=749040"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/749040\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/749041"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=749040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=749040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=749040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}