Right, I'm about to take the plunge again! I have all my statements back to 1971 when RBSwas Williams & Glyns so, with encouragement (and help I hope) from the BAG Admins and Mods, I am going to send a prelimary letter to RBS for the old charges. These amount to £1477.51 - not a huge amount for 35 years - but the 8% interest comes to another £1298.13. I need to check through the statements again to make sure I haven't missed anything before I send the letter though.
Thinking back, I remember that I originally opened the account with W & G because my then firm negotiated a deal whereby employees didn't pay interest on their bank account. I seem to remember you had to pay for your chequebook and writing a cheque cost you, it was reckoned, 9p or maybe that was 9dThere was no overdraft
facility and any charges for going overdrawn were really quite tolerable, even allowing for the changing £ or maybe that's just the golden glow of nostalgia
Much simpler though and with no DDs, much easier to keep track of your finances.
I'll keep you posted of course.
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There was no
Much simpler though and with no DDs, much easier to keep track of your finances.
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