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UPDATE: Interpal Bank Account Closure

July 2, 2012

Saturday, November 29. 2008

Following the campaign launched in response to the threatened closure of Interpal’s Bank account by pressure from Lloyds TSB, Interpal has issued the following statement:

“Due to the overwhelming support that Interpal has recently received, it has come to our attention that Lloyds TSB has been attempting to confuse our supporters by using ambiguous language in order to deny that any formal notice was served on the Islamic Bank of Britain (IBB) by Lloyd TSB to cease all dealings with Interpal. Interpal therefore feels compelled to publicise the original correspondence from Lloyds TSB to IBB dated 8 October 2008, in order make clear the severity of this situation and reassure our loyal supporters.

The letter clearly states in no uncertain terms that “we do not wish you to transfer, receive, process or in any way deal with any funds, or in any way whatsoever¦ be involved with any type of banking arrangements for Interpal which either uses or involves any products or services provided by us.”

Subsequently, IBB wrote to Interpal that “Lloyds TSB have formally served notice on us to cease all dealings with Interpal. This notice comes into effect on 8 December 2008. After this time, all transactions into or out of Interpal accounts will be blocked and IBB will be further at risk of all its customer payments being suspended”

Interpal is very encouraged by the support it has received and hopes that the publication of this letter from Lloyds TSB to IBB may destroy any lingering doubts about the grave nature of this situation.

We urge all supporters to continue writing to Lloyds TSB and protest against its decision and the misleading responses it has issued to those who have complained.

Please address and send written complaints to:
MR Eric Daniels
Lloyds TSB Bank Plc
25 Gresham Street

Friends of Al-Aqsa is a UK based non-profit making NGO concerned with defending the human rights of Palestinians and protecting the sacred al-Aqsa Sanctuary in Jerusalem. This vision is supported by various international groups and organisations. Friends of Al-Aqsa was first established in 1997 and now has an international support base.


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