Lloyds Bank Insurance
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Lloyds bank is generally good
Lloyds bank is generally good, but recently I had to close a Treasurer’s account for a small club becuse they started making monthly charges. Their latest action has made me livid, however. A while back I thought I’d try a small investment in cryptocurrency. I found found Coinbase was recommended for use in the UK. As I knew nothing about this type of investment but I did have several online contacts who were doing it reguarly, I asked one of them to show ne the ropes. She helped me set up an account on Coinbase but Lloyds blocked payment to it. I had to telephone their fraud office. As I didn’t know much about it and was getting help from an online contact the conclusion was this contact was scamming me, though she had no way of accessing the account herself. I left this for a while but now I asked a second contact to see if we could spot another payment method for Coinbase. We did find another route but it still led to Lloyds bank and again payment got blocked and I had to call the fraud office. Since I hadn’t taken any notice of their warning about being scammed and it was cleary happening again ( I suspect she thought I was still talking to my first contact, and lying about it - she even thought I had someone else listening to our conversation, which was not the case) she has now blocked my account altogether so I can;t pay anybody I owe or log on to internet banking. I have to call in at the local branch and watch a video on internet fraud to get educated. It seems anyone who helps me must be a scammer even though they can’t access my account. Had the bank said there was something dodgy about Coinbase I wouldn’t have tried it again, but no, apparently anyone who helps me must be a scammer!