Revolut business locked account UK (horror story)

[Martin Everson]

You got zero chance. Reuters gathers the information from multiple sources such‍ as US sanctions lists and from global sanction lists from around the world. It even⁠ scrapes from reports on the internet. Most banks just do a search of name and⁤ if it matches along with data of birth that call it a "worldcheck hit" and⁣ they don't really care about the reason your in their they just won't touch you.⁢

Sometimes the information it contains is wrong but Reuters do not care as its the︀ users call as to what action to take. Banks and EMI's cannot also discuss with︁ the client or pass on to the client what information they found. I guess this︂ is Reuters way of making sure they don't get sued by customers for incorrectly putting︃ information about them that is incorrect. The database is quiet extensive and contains not just︄ people that did things wrong but PEP's (Politically Exposed Persons) and their entire families i.e︅ cousins, uncles, aunties etc. How they gathered such private information I have no idea conf/(%.

Secrecy and terms and conditions︇ given to users of the blacklist data makes this impossible. You will never know if︈ your on the blacklist in the first place, in order to ask to be removed,︉ unless its a public list or unless the bank tell you directly that you are︊ on a list which they won't do.

 

[ontherun]

My experience with this is that they do remove hits, but a properly argumented case needs‍ to be submitted. Also, as a well known Corporate client, it has been possible to⁠ have hits removed.
Public information. In the UK, USA and some other places there⁣ are public databases with these things, accessible for free. Other times they just manually compile⁢ what they themselves saw in Google when they searched the name. Mostly all information was︀ Public to begin with.

EDIT: granted, all of the people who I have suggested hit︁ removals for, were Chinese people who shared names with another Chinese person, who carried these︂ hits. It was thus required to present them with proof that this is another person︃

 

[Martin Everson]

You mean Thomson Reuters removes it?⁠ I don't think any bank would bother requesting removing anything for a new client. Accidents⁤ do happen though like this one below.

London mosque chairman demands removal from banks' terrorism⁣ blacklist

My name also appears in Thomson Reuters world-check 🙁

 

[Spinat]

I can imagine with more than 100 bank accounts⁤ 🙂

 

[Martin Everson]

I was referring to person in my avatar actually smi(&%

 

[Btraveler]

Hello there @Martin Everson How Can I can register to that Database to make a︉ search?

 

[Martin Everson]

You need to buy a subscription for the service.‍ Btw Thomson Reuters world-check is now called Refinitiv after Blackstones bought into it.

https://www.refinitiv.com/en/products/world-check-kyc-screening#our-data
If you feel you maybe listed on world-check then you can submit a free information request⁠ below. I guess this can be used as a free loophole way of checking on⁤ a third-party without subscribing to world-check service....lol smi(&%

https://www.refinitiv.com/en/products/world-check-kyc-screening/am-i-listed-on-world-check

 

[Btraveler]

thnks! You're one of the wisest forum posters on here

 

[ontherun]

I'm on the team that receives these requests for removal and we check pretty well to⁠ make sure there is no recursive fishing going on... people from Pakistan etc. try to⁤ "use world-check for free" through methods like this every single day and the team is⁣ well trained to spot such requests. Granted. EU data subjects can request removal very easily⁢ under GDPR.

When I referred to a corporate client earlier, I meant a law firm︀ that sells passports to Chinese buyers. Such buyers often have thousands of people with exactly︁ the same name walking around, and it was necessary to file requests for hit removal︂ on an almost daily basis

 

[georgio]

Wow, couldn't imagine a tool like Refinitiv.. Humanity is doomed! Do you think if you‌ make a request for your data by giving your ID in an email, they will‍ actually create a new file on you? ( If you don't exist in their database⁠ 😛)

 

[Spinat]

So you are working for Reuters or⁣ Blackstone?

 

[ontherun]

The former.‌ But I'm a sub-sub-sub-contractor. Not an employee.
Nobody on⁣ the team has this job. So No. Don't worry. Main focus is preventing Pakistanis/Afghans from⁢ getting free access

 

[Martin Everson]

You think you can get me removed? My profile is below and I have done⁠ nothing wrong to be in there. Jamal Khashoggi allegations are all fake news my friend⁤ smi(&%

https://en.wikipedia.org/wiki/Mohammad_bin_Salman

 

[ontherun]

Hehe. But to give you a real-world example:

Someone named Liu Yong from Hebei in‌ China approaches a government and requests to buy a passport. Cyprus, Malta etc. The law‍ firm taking up his case runs a name scan and finds China Sentences Man to⁠ Death for Trafficking Fentanyl to the U.S. -- now, this application would normally be thrown⁤ out straight away because multiple levels of individuals involved in the process will begin to⁣ believe this person is on the run from a death sentence. Most western-born bank/law firm⁢ employees will not read further or think further. They will just associate Country+Place+Name and throw︀ out the application.

In my case I would argue that there are seven-hundred people named︁ Liu Yong not just in that province, but in fact in the very same county︂ alone. I would include another data point, the Age of the Liu Yong who is︃ applying, and confirm that the Liu Yong who has just been sentenced to death has︄ a completely different age. I can take other data points such as marriage status (in︅ case this is explicitly revealed in the name scan hit and mismatches with an applicant's︆ own status) and education history as well.

This is how a match finally ends up︇ being removed by a data provider such as Reuters, or commented and accepted by an︈ authority.

I don't think banks have anyone in-house whos job it is to argue for︉ clients like this. After all, a bank only stands to earn small amounts from initial︊ account opening deposits. While there is more incentive to do so with law firms who︋ stand to process 1 million+ if the guy's passport application is accepted after all.

I do think this is unfair, however, and have often thought that there could be use︌ in a service where someone is able to argue on behalf of "everyday people" as︍ well, not just multi millionaires.

 

[Martin Everson]

There is I suppose.⁠

 

[dissident]

Put your money into crypto and f**k fiat, banks and governments.
You can spend your‌ crypto everywhere with several debit cards, like Coinbase Card.

 

[ontherun]

For crypto debit cards I recommend Loading...
You can visit their office in person and look‍ up the receptionists skirt. They are very short and you can see her green flower⁠ panties (while picking up your card, that is...)