In a recent development, four major UK banks, NatWest, HSBC, Lloyds, and Santander, have been 'summoned' by the Financial Conduct Authority (FCA) to provide financial incentives to their customers, with offers up to £220 free cash. This move is part of a broader initiative to utilize funds from accounts frozen due to suspected criminal activities. The UK government plans to transfer these funds to fight fraud and money laundering, maintaining the liabilities with the financial institutions, but has promised to pay banks a rebate, subject to a cap, if a customer later makes a claim. Banks are opposing this government bid, citing concerns over a 'double liability' where the risk remains on their balance sheets. Additionally, Santander has launched a £185 free cash offer for both new and existing customers who have over £1,500 in their accounts, aiming to boost savings amid these regulatory changes. The Department for Work and Pensions (DWP) also announced it owes £6,250 to 80,000 people, further highlighting the financial adjustments underway in the UK banking sector. However, a deadline to get a substantial bonus is looming, adding urgency to these offers.