Updated: Mar 23
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Halifax has joined HSBC in announcing customers can now self-exclude their bank cards from being used to gamble – and if they change their mind they won’t be able to start spending again for another 48 hours.
The block is designed to prevent problem gamblers betting money they can’t afford to lose and restrict impulsive behavior. It lets them prevent their cards being used at bookmakers and gambling websites.
Halifax customers who have opted in to the service will not have their cards “unfrozen” for 48 hours, to help “protect those who might otherwise make an impulsive return to gambling”.
HSBC, Europe’s largest bank, said earlier this week its 14.5 million UK customers can now self-exclude from all gambling transactions. The restriction can only be reversed after a 24-hour cooling-off period.
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