Lloyds Transaction Notation

[RtoR]

Hi everyone, I made a SAR request from Lloyds due to a county court claim by Lloyds/Cabot. I'm trying to figure out whether I'm statue barred or not, but they haven't explained all their transaction notations. Does anyone know what P-FSC means for money going out of the account ?

[Amethyst]

Re: Lloyds Transaction Notation

They are meant to send a glossary for their notations... good to hear you got the SAR stuff back

I'll ask Lloyds on Twitter what that means,....

[Kati]

Re: Lloyds Transaction Notation

No idea ... you could however complain that as they haven't given you a list of what each transaction notation/reference means they have not fully complied with your SAR (and give them 7 (?) days to rectify it before you go to the ICO)

[RtoR]

Re: Lloyds Transaction Notation

They have sent a notation list however, it's somewhat limited thanks

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Apologies as I'm not really familiar with all the processes and terms. What is ICO ?

[Amethyst]

Re: Lloyds Transaction Notation

Information Commissioners Office https://ico.org.uk/ - they are who would would complain to if Lloyds didn't comply with your subject access request.

[Kati]

Re: Lloyds Transaction Notation

Apologies as I'm not really familiar with all the processes and terms. What is ICO ?

Information Commissioner's Office ... they are the ones that make sure FOIs and SARs are complied with
https://ico.org.uk

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that's twice you've beat me to it today Ame

[Amethyst]

Re: Lloyds Transaction Notation

lol, sorry xxxxxx

[MENTION=57355]RtoR[/MENTION]

Question from Lloyds about the P-FSC bit - Does the transaction amount match a transaction you've made in a branch?

[RtoR]

Re: Lloyds Transaction Notation

There is an amount leaving my account every month for £17 which has transaction code P-CSH. This amount used to have a code P-FSC at some point. But I do not know what it means, I thought perhaps P-FSC might provide more information. I wouldn't go to a branch every beginning of the month and withdraw this amount. Besides it looks like this used to be £15 and it was increased to £17 at some point and it went on for a few years.

[nemesis45]

Re: Lloyds Transaction Notation

Just looked at Lloyds list of statement codes P-FSC is not listed.
Give a Lloyds branch a call.#


nem

[Amethyst]

Re: Lloyds Transaction Notation

There is an amount leaving my account every month for £17 which has transaction code P-CSH. This amount used to have a code P-FSC at some point. But I do not know what it means, I thought perhaps P-FSC might provide more information. I wouldn't go to a branch every beginning of the month and withdraw this amount. Besides it looks like this used to be £15 and it was increased to £17 at some point and it went on for a few years.

ahh it's the passbook ''cash withdrawal' bit from the statements?

[Amethyst]

Re: Lloyds Transaction Notation

[RtoR]

Re: Lloyds Transaction Notation

I'm lost. There is no way I would go and withdraw £17 from my account at the same time every month. It's not a direct debit or standing order as that would have a different code so Lloyds is making some sort of a withdrawal. So is it some kind of a charge or fee ?

[Amethyst]

Re: Lloyds Transaction Notation

Just waiting for Lloyds to come back say what P-FSC actually means - they guessed it was to do with an in branch withdrawal so that's a start .... we should then sort out writing a letter to Lloyds to ask for an explanation of the 'cash withdrawals'.

The claimant is only relying on the payment IN to the account of Child Benefit aren't they for the statute barred claim so it doesn't seem to be affecting that, although those monthly £17 withdrawals will have obviously affected the balance now being claimed.

[Amethyst]

Re: Lloyds Transaction Notation

As these are 'passbook' transactions - I don't suppose you have a copy of the passbook ?

[RtoR]

Re: Lloyds Transaction Notation

I think what they have been doing is charging me a certain amount every month, which I suppose is interest, as its description is 'Debit of OD INT Charges', then charging me £17 for the fact that this interest has been deducted from the account, as they consider to be a withdrawal of cash from the account. So it's a charge for charges :tinysmile_cry_t:

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There's no passbook, I don't know why they're calling it passbook