Suitsmecard

4.6
4.6 from 358 Reviews and Ratings
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SUITS ME - AMBIGUOUS STATUS & NON-COMPLIANCE with FCA II

SUITS ME - AMBIGUOUS STATUS & NON-COMPLIANCE with FCAI have to express my deep concern about the operating behaviours of this company who I believe misrepresent their services:1. Service is not-compliant with Financial Services Regulation in the United Kingdom.2. GDPR Concerns3. Unusual working practice4. Misleading website5. My data has obviously been passed on to several Gibraltar organisations '??? but at no time did I knowingly give my permission for that.MY REPLY ON SUITS ME REPLY:Your answer is completely ridiculous. 1. Service is not-compliant with Financial Services Regulation in the United Kingdom.I have been informed that if I want to take this matter further then I need to contact the card issuer: IDT financial services Ltd, PO Box 1374 1 Montarik Building, 3 Bedlam Court, Gibraltar. If I have then exhausted my complaints process with IDT financial services and I remain unhappy I am advised to contact the Gibraltar financial services commission PO Box 940, Suite 3, ground floor, Atlantic suites, Europa Avenue, Gibraltar. 2. GDPR ConcernsI find it baffling that they could be compliant with the UK information Commissioners office, but at the same time they cannot take responsibility for their services within the UK as their supplier is seemingly based in Gibraltar. I am now aware that my data has obviously been passed on to this Gibraltar organisation '??? but at no time did I knowingly give my permission for that.3. Unusual working practiceI am advised '???we are not at liberty to or required to provide any additional details regarding your account block, and we would only block/close an account if absolutely necessary. Please rest assured that we are committed to adhering to financial regulations, and our processes may differ from those of traditional banks as we operate as an online account solution'?? This comes across as furiously unreasonable, weird and deceptive. 4. Misleading websiteIs it reasonable to make a statement in the small print that '??? Suits Me is not a bank'?? to then promote yourself as a bank , act like a bank, win awards from the British Bank Awards '??? including one for Best Current Account provider '??? and then sidestep all UK banking legislation and compliance requirements? 5. My data has obviously been passed on to several Gibraltar organisations '??? but at no time did I knowingly give my permission for that.I feel very mislead by Suit Me and unhappy about the way they have dealt with my bank accounts, which has caused significant distress for me.On top of which I am just looking into your issue about whereabout you are paying taxes. It is assumption that you are not paying in the UK as you should. I have list of 128 names and addresses of people in UK who you - SUITS ME took onto ride as you did with me. I am happy to ask each of them to post Trustpilot feedback for you. You want me to do this? I will disclose the names to Economic secretary to the treasury HM government and to the Financial Ombudsmen UK.

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Date of experience: Mar 01, 2025

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