Lloyds Bank has frozen thousands of expatriate bank accounts, including some in the Channel Islands, because of changes to Jersey's money laundering laws.
Lloyds Bank says accounts were frozen to meet "international regulatory standards" which included having up to date information on its customers.
The bank has frozen the accounts of customers who have not been in contact.
The Financial Times has reported 8,000 accounts have been frozen - figures not denied by the banking group.
Lloyds' international account holders are managed from Jersey which is why they have to follow the island's laws.
In a statement, a spokesperson for the banking group said: