You are here: Home » Reuters » News
Business Standard

Personal trainer, charity caught up in HSBC account freeze

Reuters  |  TUNBRIDGE WELLS, England 

By Lawrence WhiteTUNBRIDGE WELLS, England (Reuters) - Fitness instructor Ed Lumsden was trying to log in to his online bank account last week when he discovered HSBC had closed it without warning. Lumsden, who counts British television presenter Davina McCall among the clients of his gym, TWPT, in the affluent spa town of Tunbridge Wells in Southern England, was unable to receive payments or pay his bills. "I couldn't take payments, I couldn't pay my suppliers, all my direct debits would be rejected which could affect my credit rating and I had 16,000 pounds ($22,209.60)locked in the account ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, March 13 2018. 15:28 IST
RECOMMENDED FOR YOU