Halifax Crypto Sold via Revolut to Halifax CIFAS Marker Removal
Crypto sold via Revolut transferred to Halifax — Misuse of Facility marker filed by Halifax. Removed in 3 weeks.
How Halifax files CIFAS markers for crypto-related transfers
Our client sold cryptocurrency on Revolut and transferred the proceeds to their Halifax account. Halifax flagged the incoming transfer as suspicious, despite the funds originating from a legitimate crypto sale on a regulated platform. Halifax closed the account and filed a Misuse of Facility marker. The client had been managing their own money across their own accounts.
What the CIFAS report showed about this Halifax marker
The report confirmed Misuse of Facility — Funds Received, filed by Halifax. Our OCR analysis showed the filing was triggered by the transfer from Revolut. The report did not investigate whether the underlying crypto transactions were legitimate.
How we challenged this Halifax crypto transfer CIFAS marker
The complaint demonstrated that the funds were the client's own money from legitimate cryptocurrency sales on Revolut. The system argued that transferring your own money between your own accounts is not fraud and that Halifax had not investigated the source before filing. UK GDPR accuracy arguments were included.
How this Halifax crypto transfer CIFAS marker was removed
Halifax reviewed the Revolut transaction records alongside the complaint and removed the marker within three weeks.
Start your crypto transfer CIFAS marker removal
If transferring crypto proceeds between your own accounts led to a CIFAS marker, the marker may be challengeable. Upload your CIFAS report and start your case today.