bank charges

[dagrat]

Hi new to this site. Determined to claim bank charges from rbs, can I still claim even if Ive had cheqs returned through lack of funds?

[HydraUK]

Sure can, and returned DD or SO for same reason...it's not about the fact you have been charged, it's all about how much they charge you.

 

Read the FAQS and then read some threads...then read a whole load more - everything you need is here somewhere.

 

Then yell when you need help.

 

Best of luck...not that you need it.

[Guest littlesally]

Basically any charges incurred through not having enough funds to cover money going out.

 

Bank charges are legitimate, BUT banks are not allowed to profit from them. The Office of Fair Trading investigated credit card charges and said there is no way it costs £28 + for customers to go overdrawn.

Banks were asked how much it actually costs and to prove it, the banks refused.

 

They also refused to prove bank charges. Which is why we can claim.

So far, banks have paid out about £3 million in refunding charges, but are still getting £3 billion from them!

 

So it is not in their interest to be honest and admit the real cost is, say, £12, as they would lose £15 billion!

 

Martin Lewis thinks the actual cost is about £2!!! So you can see how much they would lose!

 

Which is why they always settle out of court. If they went to court they would have to prove it costs them £28+ everytime a customer goes over the agreed overdraft.

Sally x