Question to Mods please

**hilaryfrances** · 12th June 2006 14:29

hello there, sorry to bother you directly but as I have a poor credit record I am very vary of loosing my account with A&L even though they have ripped me off for a fortune.

I will soon have a large amount of moeny in my A & L savings account, this is not my money but they will have no way of knowing this as it is the proceeds from the sale of my mother in laws flat and it is to pay for her nursing home fees over the years.

If I claim my illegal bank charges back from them are they still likely to demand we close our current account, bearing in mind that we will have a large amount of money sitting behind our current account? I would be in a right pickle without it, having spent ages getting us out of debt and on an even keel. I know this may seem a bit wimpish to you but we have had one run in with Yorkshire Bank icon

and we had a problem getting a new bank account. (I have already started the process with YB) Thank you in advance Hilary

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**Bovvered** · 12th June 2006 14:35

I'm not a mod, but you can still get a basic account if it's just to hold this money - you'll almost certainly get a Natwest icon

Step account even with a poor credit rating - if I were you I wouldn't let that money anywhere near your account in the circumstances...

**Movingon** · 12th June 2006 14:39

You can open a parachute account icon

with basic facilities even with terrible credit. I would look at Nat West's "Step" account (I think that's what it's called), and there are other "Basic" account providers too. They are designed for people to receive their benefits into, people who cannot get normal Current accounts.

If they close your account with a large balance, though, they will have to pay you your money; they can't just close the account and keep a credit balance to themselves. Also, they would have a SERIOUSLY hard time convincing the OFT that the account closure was reasonable when the account had £10,000 sat in it!! (For instance).

Like I said, open yourself a spare basic account, look around and find one you like, and keep a small amount in it, to keep it ticking over. Then you can commence your action against A&L with some confidence that you will be fine.

**hilaryfrances** · 12th June 2006 14:43

Thank you both for your answer, I will look into a step account tomorrow, I am fed up with being bullied by banks like everyone else.

**Bovvered** · 12th June 2006 14:46

You can apply for the step account online - I did and I got it within a week of applying...

**BankFodder** · 12th June 2006 19:45

Look out for the posts which I am currently putting up about the possibility of obtaining injunctions to prevent account closure. In view of the Alliance & Leicester's announcement I would say that they would be a prime target for a successful application for an injunction to prevent this retaliatory action.
These nasty reactions from the Alliance & Leicester deserve an equally ruthless response from us. If you have the will to do it you can deliver an appropriate response which will help to make them sit up and pay attention

**hilaryfrances** · 13th June 2006 09:18

thank you for that, unlike most people on this forum my financial worries are nearly over. The banks seem to prey on vunerable people, I will not be so vunerable soon. As I will be in a strong position I will be happy to take them on on behalf of everyone here. I have spent many miserable years being bullied by these people. I cant thank you enough for giving people like me the tools to fight back and for also setting up this forum to give us the strngh in numbers. Once I get my money back I will be making my 5% donation icon

, I hope you all end up being millionaires. Hilary

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