You obviously have no knowledge of L3. More like Pepsi and Crisps!
I'd avoid scaremongering at this stage, until receipt of further news.
Thankfully, as already highlighted by George, there are many other routes to receive funding through but they just require more effort and research to arrange.
Although trying to decode BBVA's shady and often incoherent communication is a task in itself! I've had to send back various bits of paperwork before now because the billing addresses and contact details were completely wrong!
If you're worried about this being more than a rumour and are waiting to hear back from BBVA with anything less than the debit card in your hand, I'd advise at least looking at other options with a building society or bank - to ease your mind if nothing else.
I'm waiting to receive the second part of my debit card and have the legal team look over my loan. So if this is more than a website design issue, this will mean I'll have to act darn quickly to get funding before my start date in June too.
If this is true not the end of the road after all. Just a pain. Which is somewhat characteristic of BBVA...
I guess we'll find out for sure on SOP Monday!