Lloyds and Barclays among UK banks named in crypto transfer complaints, advocacy group says

Lloyds and Barclays among UK banks named in crypto transfer complaints, advocacy group says

Summary

Stand With Crypto reported 10,092 complaints from 9,803 customers about UK bank restrictions on transfers to crypto platforms between May and August 2026. Lloyds received the most complaints, followed by Barclays and NatWest. Barclays and HSBC cap transfers, while six banks reportedly prohibit crypto-related transfers. The report listed Lloyds and Revolut as having no published limits, though Revolut says some exchange transfers are unsupported. Zumo CEO Nick Jones warned that banking barriers could hinder the UK’s crypto ambitions and remain unresolved under the planned 2027 digital-asset regulatory regime, which does not cover companies’ access to business bank accounts.