If any of my clients want to pay by bank transfer then they MUST do it and funds received BEFORE the booking takes place.

Sad to say but anyone not taking the money upfront needs to wise-up.

Can I set up a bank account in another name then as I don't want them ever knowing my real name+ details  etc ?

Just a quick heads up
2 ladies that I know well have had bank accounts closed due to punters saying the deposit is fraud

Both had taken a deposit in one account
Transfered it to another account  and both accounts were frozen

In one case the lady got her personal account back up ( Lloyd ) when she proved the transactions using text messages but  had her business account closed

In the other lady’s account both accounts were frozen/ closed and when she tried to open another account they were all refused and she has a CifAs marker on her credit file

I would personally say if you transfer deposit money from one account to another then you need to get that out in cash in case your account is closed

In the last week I know of 3 ladies who have had similar problems with accounts being closed due to punters saying fraud / requesting a charge back
 

I've merged this just because the number of banking/deposit threads we have running is getting towards double figures and they all basically say the same thing.

I'll have a think and see if there's a better way to organise them, but in the meantime please add to one of the existing ones (the other main ones have Post Office and NatWest in the titles IIRC)

Thank you Amy

I’ve just started accepting deposits/bank transfers and would immediately transfer it out to my personal account thinking it’ll counter any chargeback issues, so this is great information, thank you.
I’ll never understand why they go through the trouble of reporting a little deposit when they’ve paid most of it in cash😠

Cos they are wankers 😂

I’ve known  it to happen to quite a few ladies in the last year but only one who had the CIFA issue but I only know about that because she is a good friend and told me so others might have the same problem but don’t know about it
 
Even if she manages to get it sorted it can stay on her record as a min of 13 months
If she can’t manage to get it sorted then around 6 years
So it screws up your credit file for that amount of time

If it was me then I would get punters  to transfer small amounts like 20 -30 and say that’s for dinner / petrol / food in the payment bit of the transfer

And then when they send you a text for the deposit just for them to say hi sent you the deposit as then you can match it with the time / day what they have sent you

The  lady who had her business account ( tide ) shut said the client was refunded back his a£100 deposit and tide wouldn’t even go into any real discussion about it with her
Luckily her Lloyd’s account she managed to keep open as she could prove to them he sent it and she transferred it over

Cos they are wankers 😂

I’ve known  it to happen to quite a few ladies in the last year but only one who had the CIFA issue but I only know about that because she is a good friend and told me so others might have the same problem but don’t know about it
 
Even if she manages to get it sorted it can stay on her record as a min of 13 months
If she can’t manage to get it sorted then around 6 years
So it screws up your credit file for that amount of time

If it was me then I would get punters  to transfer small amounts like 20 -30 and say that’s for dinner / petrol / food in the payment bit of the transfer

And then when they send you a text for the deposit just for them to say hi sent you the deposit as then you can match it with the time / day what they have sent you

The  lady who had her business account ( tide ) shut said the client was refunded back his a£100 deposit and tide wouldn’t even go into any real discussion about it with her
Luckily her Lloyd’s account she managed to keep open as she could prove to them he sent it and she transferred it over

Your advice is sound but this just awful for anyone to go through so I am no longer taking deposits or payments by bank transfer.

I was debanked by NatWest last year so don’t need any more hassle in the banking department.

I’ll be confirming with every client that it it cash only from now on. I would rather lose the odd booking than these horrors happening.

To be honest I rarely take deposits and when I do I take vouchers or wish hush or throne
But when taking a booking I put in all texts cash only no bank transfers

This avoids people turning up and expecting me to slide a credit card between my vagina 😂
And honestly I’ve never had anyone turn up without the cash

Get the odd one who asks if I take transfer but no problems when I say no I don’t

The positive side of deposits since I’ve started accepting them are; I don’t get no shows or clients turning up as they please(they are always on time), and though I miss the odd ones who don’t want to pay a deposit, the ones I do get are safe, respectful & easy to please. It’s given me more peace of mind & made work much easier.

BUT..
I make it clear that I don’t accept bank transfers in person & I only accept little deposits, so no more than £20/£30. I’ll just need to start withdrawing the cash instead of transferring it.