UK banks face thousands of crypto transfer complaints as regulatory regime approaches

Thousands of UK customers reported difficulties transferring money to crypto platforms between May and August 2026, submitting 10,092 complaints to banks including Lloyds, Barclays and NatWest. Barclays and HSBC UK limit crypto transfers to 2,500 pounds per transaction and 10,000 pounds over 30 days, while six banks including Starling and TSB ban crypto-related transfers entirely. Lloyds and Revolut have no published restrictions despite customer complaints.