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Problem changing bank accounts on car finance agreement
Hi there, I have just had a problem with my citreon car finance agreement. This relates to the closure of my bank account and having my wages paid into my partners account. But i am not named on the account. I have moved all my direct debits to this account but came across a problem with car finance. They say the account has to be in my name and my parnter cannot set up a direct debit from her account. Also they won't let me pay the finance on her debit card with her permission and her being present which is mad. They say this is because of money laundering problems but they say it's ok for me to pay cash into their account over the banks counter. Now to me this is more of a money laundering problem than coming from a related bank account. Where do i stand? Thanks for your time. James
Hi James, thank you for your detailed question and apologies for the delay in replying. This is certainly a strange scenario and the only thing i can suggest is to get yourself added as a joint name on your partners bank account if this is at all possible. Why is it that you close your account in the first place? Is this temporary and you are getting a new account or are switching banks? Kind Regards, Edwin