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When they take money same or next day...


Bookworm
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If I understand rightly, they are breaking the Bank Code?

 

Because that's what Barclays does.

What's more, they have recently changed the terms. Up to recently, they would "allow" you to go £25 over your overdraft limit without charge, but now, you will only get away with it if you don't go over by more than £5.00. £5.01 = £25.00 charge. Ouch.

And what's more, the money is taken at the end of the same banking day as the "infraction".

 

xxx

ML

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The code can form a basis of a complaint to the Ombudsman - but more interestingly it can be used as a source from which to imply terms into your bankng contract. This last view is my own view but I have no doubts about it 8)

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  • 13 years later...

This topic was closed on 03/05/19.

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