Thread: General Query

You can claim as many times as you want while they are charging you. However, you should remember that if you claim again there is a chance that they will close your account

alexifa is absolutely correct, you may of course claim as many times as you wish, but sooner or later they will be very likely to close your account.

However, if you are willing to run that risk and claim again then you may as well claim for the £300 that you did not get last time.

Regardless of any letter you signed and returned to them for any agreement to be binding in English law each party to the agreement must provide what is termed 'consideration'. This simply means something of value in the eyes of the law. With these offers in Full and final settlement your consideration consists of a promise not to sue for the remainder. The bank however, does not provide any consideration because they are only giving back what in law belongs to you. The law does not enforce onesided promises. In order to establish that they have provided consideration they would have to prove that the charges were lawful.

So any agreement regarding the amount accepted by you is meaningless and you may pursue the remainder of the charges, unless - and this is highly unlikely - the agreement was made by deed.