Banking charges

Motorcycling
1

Just thought I’d share this little one with you.

I opened my statement yesterday and found, to my horror, that Abbey National had charged me £141 in bank charges :mad. This was due to my going overdrawn by a whole £4 for 2 working days during which Abbey had processed 3 Visa transactions. They charged me £30 per transaction, plus £20 for going overdrawn and then whacked on some interest for good measure. To say I was livid was an understatement.

I marched off and had an appt with the manager today at 3.30pm and, to cut a long story short, they refunded 80% of the charges, but only after I’d quoted numerous parts of banking legislation and that I worked for a bunch of lawyers! If anyone else has encountered anything like this, here’s a cracking link to get you started.

http://www.which.net/campaigns/personalfinance/bankingcharges/smallclaimscourt.pdf

Power to the consumer, I say!!

2

I’ve just started a small claim against my bank which is due to go to court within the month (Via the money claim website). I’m owed a couple of thou taken in charges over the last 6 years. Anyone who has received bank charges should seriously take a look at the Consumer action group forum @ http://www.consumeractiongroup.co.uk/forum/index.php

3

Thats really odd. They arent supposed to charge you per failed transaction but rather for per day. Glad you got your money back. They probably thought you wouldnt notice.

4

Erk, nasty stuff Firestorm & Dan. Thanks for the links though, could come in handy…

5

Abbey are crap I use them and I really am thinking about moving banks but they are all as bad as each others ao where do you go

6

What bank is yours Weaver? That doesn’t sound too bad you know?

7

Hey, that sounds like my bank!!! Or sould I say W*nk! Thanks for that Justine, I’ll give it a go…