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Is this true?

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If it is what would it mean to claims? :?

 

I know it's been mentioned that the OFT will set a limit on charges, if they do/have already will it mean we can only claim over that set limit? Say charges have been 30 and the limit is 15, could we only claim 50% of past charges? I have looked to see if it has been mentioned lately on here but can't see anything. The reason I ask is that I received an email from the customer advocate manager from A and L yesterday with this ps at the end

 

p.s. I trust you have seen that the OFT is going to set a fee cap at £15? Looks like you got a good deal in the end!

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Please can we have a copy of this email - admin@bankactiongroup.co.uk

 

If you beleive that this alleged £15 is more than the real cost of bouncing the DD etc then you should still claim.

 

It will be interesting to see whether the banks will now claim that £15 is the real cost or whether they now say that their charges are in line with the OFT's recommendations.

 

My bet is that they will say the latter - which just about says it all, really.


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Sent it. What does it mean?

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I'm not too sure except it is an admission from A&L that their currecnt charges are not a good deal.

We've received it. Thanks


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What a ridiculous statement to put in a 'p.s'! Doesn't seem very professional.

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Or very accurate.

 

A £15 fee to someone doing nothing for it is not what I would call 'a good deal'.

 

It's more akin to allowing yourself to be ripped off slightly less than before.


<font face=arial size=1>Advice & opinions of Dave and The Bank Action Group are offered informally, without prejudice & without liability.</font>

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This topic was closed on 03/06/19.

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If you would like to post up some information which is relevant to this particular topic then please flag the issue up to the site team and the thread will be reopened.

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style="text-align:center;"> Please note that this topic has not had any new posts for the last 4990 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you
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