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Tide Bank Doesn’t Send Funds From Your Account

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Until recently, Cohoda LTD held a Tide Banking account. Tide is a ‘challenger’ bank, attempting to disrupt the business banking market. There’s a major problem with this bank, however. They don’t transfer funds from your Tide account, they use a holding / intermediary account. Without telling you. We uncovered this problem when we transferred a sizeable sum from Tide, to a Virgin Money bank...