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Barclays Business Banking telling me I can't be an IT consultant

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    Barclays Business Banking telling me I can't be an IT consultant

    I'm being harrassed by bar lays business banking, letters (which I hadn't opened) and now repeated phone calls.

    I'd been fobbing them off thinking it was just a sales pitch but they told me today that they are about to send a letter stating that unless I respond they will ask me to move my account elsewhere.

    So I said to fire away with questions and the first was that they needed to know more about what I did. They had been told that IT consultant is no longer acceptable. They needed to know which sectors I work in. I've worked in finance for years but don't like the idea of being labelled with that restriction. My skills cross sectors, so I'm a consultant. And what business is it if theirs anyway. So they asked what sectors I was in, I just repeated the list they suggested. The. They asked if I worked in the gambling industry, "because it is high risk".

    Wtf? I'm pretty sure it is Barclays but I'm taken back that I would have to provide this (they claimed regulatory) and that even if I did code for a gambling company, why would that make me or my company higher risk.

    Anyone else had this from Barclays or any other bank?

    Anyone recommend a bank to go to that is to going to waste my time with types phone calls and letters?

    #2
    I'm with Cater Allen and happy with them but some people have had issue with CA closing their accounts.

    Not sure about the gambling industry being high risk, done a lot of work for gambling companies so would be interested in the answer.

    Comment


      #3
      Originally posted by retrodeath View Post
      So I said to fire away with questions and the first was that they needed to know more about what I did. They had been told that IT consultant is no longer acceptable. They needed to know which sectors I work in. I've worked in finance for years but don't like the idea of being labelled with that restriction. My skills cross sectors, so I'm a consultant. And what business is it if theirs anyway. So they asked what sectors I was in, I just repeated the list they suggested. The. They asked if I worked in the gambling industry, "because it is high risk".
      So tell them you're a plumber or a stripper or something. Who cares as long as you get an account?
      And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014

      Comment


        #4
        Just tell them you are the Chief Executive of your Ltd company.
        England's greatest sailor since Nelson lost the armada.

        Comment


          #5
          My business bank is Barclays. I think I probably told them the company did software development, which is true. Never had any kind of grief from them.
          Will work inside IR35. Or for food.

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            #6
            Gambling is only high risk of you are the one sticking 50 quid on Saucy Sue in the 3:30 at Kempton.

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              #7
              Originally posted by retrodeath View Post
              I've worked in finance for years but don't like the idea of being labelled with that restriction.
              Why would it restrict you?

              Just tell them what they want to hear.

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                #8
                Originally posted by BrilloPad View Post
                Why would it restrict you?

                Just tell them what they want to hear.
                I'm an IT consultant and my industry is Information Technology. I've worked across numerous sectors - Pharma, Finance, Manufacturing, Distribution etc etc - but as far as I am concerned and as far as Barclays are concerned, my industry is IT.

                Simple.

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                  #9
                  Originally posted by ChimpMaster View Post
                  I'm an IT consultant and my industry is Information Technology. I've worked across numerous sectors - Pharma, Finance, Manufacturing, Distribution etc etc - but as far as I am concerned and as far as Barclays are concerned, my industry is IT.

                  Simple.
                  WCMS - I've never had a problem with Barclays.
                  "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
                  - Voltaire/Benjamin Franklin/Anne Frank...

                  Comment


                    #10
                    Import / export.
                    The material prosperity of a nation is not an abiding possession; the deeds of its people are.

                    George Frederic Watts

                    http://en.wikipedia.org/wiki/Postman's_Park

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