I have a UK savings account with Investec Bank in the UK which is currently holding 2 Millions. I want to transfer that money to my US savings account but the bank said I needed to pay/send them 10,000 first so that I can receive a TAX CODE immediately so that the funds can be released. What is this Tax Code for and what does the country use it for.
The bank told me the following:
In united kingdom Government constitution of 1954, section 4.11. It say Tax is a composary levy impose by the government to the citizen and Tax payee is also used for the development of the country. Your transfer was stop by the United Kingdom Tax Board Authorities because you have not paid your Tax Fee.
Please advise if this is true since I live in the States and don't know UK laws/regulations.