can i report a bank to a credit agency for stealing all my funds?

Answer 1

No.

However you can take them to Court.

Many people threaten to do this and get their money back. Follow the process below EXACTLY to reclaim Bank Charges.

The bank will try to deflect you and delay you until you give up.

Tricks include telling you they charge £25 per sheet for duplicate statements (yes, maybe they do, HOWEVER they are legally obliged to send you the last 6 years worth of account data under the Data protection Act for a maximum of £10 total - so DON'T ask for 'Duplicate Statements' ...)

Another trick is to claim they never received your paperwork = so make sure you send everything Recorded delivery. If they 'loose' the paperwork, that's their problem, you follow the process and when they fail to turn up in Court you get the verdict by default.

NB. you MUST stick to the Timescales - they will write after 2 weeks saying 'We are dealing your case as a 'priority' and it will be sorted by the end of the month'. Your response is "Your 14 days are up, see you in Court"....

Answer 2

What do you mean they stole your funds? if you owe them money on either an overdraft or credit card that you have not paid and they have done something called 'exercising their right to set off any funds you hold elsewhere with the bank'

If so, yes they are allowed to do this, they would of written to you to advise it was going to happen. But there was a way to stop it, you would have to write a 'letter of appropriation' to the bank that means you are telling the bank that any money you have in your account is to be used for priority bills and nothing else. That is the only way to stop them.

Don't ignore any letters from the bank