Question re RBS Settlement Letter

[madmels]

My charges come to approx £3500.

Have sent Small Claims summons to Local Court again Royal Bank of Scotland. Got letter yesterday from RBS offering me £1600 if I sign within 5 working days.

Any advice on what I should do would be greatly appreciated.

[livelylad]

My charges come to approx £3500.

Have sent Small Claims summons to Local Court again Royal Bank of Scotland. Got letter yesterday from RBS offering me £1600 if I sign within 5 working days.

Any advice on what I should do would be greatly appreciated.

 

Hi have you followed the process set down by this site? You can accept the cash as a part settlement, inform them that you will continue to seek the balance.

[madmels]

Didn't realise I could do this. Still trying to find my way round this site.

 

Thanks for your advice.

[livelylad]

Didn't realise I could do this. Still trying to find my way round this site.

 

Thanks for your advice.

 

ok no problem, its important that you read the faqs and threads to avoid making costly mistakes. any probs pm me.

[madmels]

Hi

 

After sending first two letters to RBS with no luck I completed small claim form and sent to local court. Local court have issued to papers on RBS.

RBS have now sent me letter offering a payment, although not the full amount claimed. Should I accept this as partial payment? How do I calculate my dates or should I go with the dates on the court letter?

Any help or advice would be greatly appreciated.

[livelylad]

Hi

 

After sending first two letters to RBS with no luck I completed small claim form and sent to local court. Local court have issued to papers on RBS.

RBS have now sent me letter offering a payment, although not the full amount claimed. Should I accept this as partial payment? How do I calculate my dates or should I go with the dates on the court letter?

Any help or advice would be greatly appreciated.

 

accept it as a part settlement inform them that you will seek the balance. What do you mean calculate the dates explain please

[madmels]

Hi

 

When looking through other threads some of the forum members seem to have calculated dates when they should have received payment or notification of further action.

 

I think I'm just myself confused with all the information

[livelylad]

Hi

 

When looking through other threads some of the forum members seem to have calculated dates when they should have received payment or notification of further action.

 

I think I'm just myself confused with all the information

 

ok there are some set "times" but these are for when you have sent letters 14 days for the prelim letter and 14 days for the LBA. then you can file with mcol. The information and proceedure is in the faqs if you have anymore probs pm me.

[madmels]

Hi

 

Had a look in FAQS but not able to find what I'm looking for.

 

Is there a template of the letter to send to Bank accepting part payment? Letter from RBS states that they are offering me the sum as a gesture of goodwill without admission of error liabibility. Is this just their standard response?

 

Have received letter from Sheriff Court stating that the return date for case is the 14th November and hearing date is 21st November.

[bearo]

http://www.consumeractiongroup.co.uk/forum/bank-templates-library/25716-rejection-settlement-offer.html

 

it is a standard reply from them yes, everything is standard for you so far, dont worry

[madmels]

I noticed in this template letter that it states they have a date to respond before court action. Should I put the date as 14th or 21st November?

 

Thanks for you help with this.

Starting to get a bit worked up and panicky about all this!

[bearo]

you can really adjust this letter as much as you want as long as you stick to the fact that you are rejecting their offer, will accept it as partial settlement but will pursue the remainder in court, thats all, dont get bogged down on dates if it's working you into a state,

 

Simply tell them you refer to their letter, offering x amount, and will accept as partial,, just like i said above

 

Hope that helps!!

[madmels]

thanks

 

Will send letter off today

[madmels]

Sent letter to RBS on 14/10/06 stating that I would accept their offer as partial payment and would pursue the remainder in court.

 

Got letter from on 20/10/06 offering to meet my claim in full. Yipee!!!

[madmels]

RBS have agreedt o meet my claim in full!

 

Yipee!!!

[madmels]

Received letter from RBS on 20th October offering to meet claim in full which goes back approx 5/6 years which I'm more than happy with.

 

Got home from work today and received letter from RBS legal team quoting s6 and schedule 1 of the Prescription and Limitation (Scotland) Act 1973 stating that I am out of time to make any claim in respect of the charges applied to my account.

 

Can I claim back more than 5 years from RBS?

Also they want to know what further action I plan on taking

What do I do know?

 

Any help or advice would be appreciated

[Guest ian cognito]

If the charges are within the last 6 years you are within your rights to claim them, some people are caliming more than 6 years though I don't think any of them have concluded yet. Did you already write and accept their offer of full settlement, if not I would do so now, including the reference of the letter they sent with the offer.

 

Perhas you have charges more than 6 years and they think you're after those as well?

[madmels]

I haven't written and accepted yet as only recently sent letter accepting the sum they offered me as partial settlement.

 

Both letters have come from different people and different locations.

 

My full list of charges are from 12/04/00 to 13/07/06. They have enclosed a copy of the charges that I included with my small claim summons totalling £730.00.

[Guest ian cognito]

sounds like a standard case of the right hand......., if you're happy with it just accept it!

[madmels]

What do I say to the legal team?

 

Is there a letter template in the library to advise that I won't be taking any further action?

[Guest ian cognito]

If it were me I'd write and accept the refund then once the cheque is safely banked, write and say the claim has been settled to your satisfaction! I think they're probably a bit busy to chase you up if you don't reply just now!!

[madmels]

They also state in their settlement letter that their terms and conditions will continue to apply and any future charges, in the absence of a bank error will stand.

 

Is this anything to worry about?

[breadline]

Congratulations Madmels.

Ive asked a mod to change your title to WON and move your thread to the winners list.

 

Enjoy your charges.

 

BL:)

[madmels]

Hi

 

Not received payment yet. Still to sign letter accepting offer!

[breadline]

dont stop any action untill you have the cash in your account or cheque has cleared.

Keep puching for it.

how have they agreed was it by letter or phone?