GRRRR!!! Internet Banking security...............

ValDa replied on 07/03/2016 18:43

Posted on 07/03/2016 18:43

I've just been trying to make quite a large transfer from my internet bank account, which has been flagged up as needing the Payment Verification Team to take a look at it.  As a result I had to answer four 'security' questions.  I could only give a truthful answer to one because the others needed 'None of the Above' answers.  Apparently I 'failed' because one of the questions was 'Which of these companies do you have a mortgage with?'.  I was read a list and answered 'None of the Above'.  However, in the list one of them was the company we used to have a mortgage with, but this was paid off more than eight years ago so we no longer have a mortgage!   I can only presume I was supposed to have given this company as my answer!

Now I have to take my passport and a utility bill into my bank tomorrow.  I called in at the bank this morning to ask if I could make this transfer and was told that as it was under the maximum amount there was no problem!

I am steaming!    I asked if I could speak to a manager to say the question needed to be 'Which of these companies do you have, or have you previously had, a mortgage with' in order to be able to give a correct answer!  But apparently I'm supposed to give an incorrect answer in order to 'pass' the security questions.

Be warned if you're asked similar questions!

richardandros replied on 09/03/2016 10:20

Posted on 09/03/2016 10:20

However, the previous year we bought the car (some £36k) by debit card, and the bank did not bat an eylid.  Most odd we thought.

Same thing happened to me - twice, last year.  First time I bought our new caravan and then I bought a new car some months later.  The only times I have used a debit card for that sort of money and fully expected having to go through some sort of telephone security transaction before payment was authorised.  Absolutely nothing - both payments went through as if I had spent £10 at the supermarket! Not sure I was entirely happy either.

ValDa replied on 09/03/2016 17:31

Posted on 09/03/2016 17:31

All resolved now, and our Bank Manager was somewhat sympathetic, as the same thing happened to his son and even he couldn't 'use his influence' to sort it out.  It had to be done via a personal appearance at the branch, passport and utility bill in hand!

Apparently they suspected my original transaction was fraudulent, but why I still couldn't get in after the bank had removed the block on my account I don't know!

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