Was I Warned In The Smallprint?

[revolution1]

Hi All, sorry if this has been asked before. Have searched the site somewhat, and can't seem to find the answer.

I am very keen to start the recommended proceedings against my bank, but have this question first, to save getting egg on my proverbial.

I opened my account around 12 years ago, so do not have the documentation I originally signed. But is it likely, that in the smallprint, I was made aware in advance of the exact costs I would incur?

If this was so, and I signed on the dotted, surely I would be unable to recover the charges?

Hope my question makes sense. And apologies again if this has already been covered.

TIA, Mart.

[Guest NATTIE]

Under contract law you can only be charged what it costs to return an item so/chq/dd. So the answer is YES you can claim. It is unlawful

[revolution1]

Natweststaffmember - thanks for your reply and advice.

Mart

[Glenn UK]

Hi welcome

 

NSM is correct it doesnt matter what you signed funnily enough. The contract has to be fair and the T&C allowing banks to chagre penalites are deemed unfair.

 

FWIW I doubt the T&C you signed acutally stated the actual fee, only guessing but it would mean every time the bank changed its rate up or down a bit they would have to throw out all the old literature and start over.

 

Oh and there was a T&C which alloed them to vary their t&C too without getting you to formally agree i believe.

 

HTH

 

Glenn

[Guest NATTIE]

I believe that they can be changed under the banking code providing 30 days notice is given

[revolution1]

Thanks again to you both. Kinda confirmed what I was hoping to hear.

Mart

[sohoscribbler]

To simplify matters somewhat, legally, you cannot be forced to agree to an unreasonable term in a contract. For example, if I wrote a contract that included a term requiring you to sell your children into slavery if you owed me money, this term would be unenforceable.

[Glenn UK]

To simplify matters somewhat, legally, you cannot be forced to agree to an unreasonable term in a contract. For example, if I wrote a contract that included a term requiring you to sell your children into slavery if you owed me money, this term would be unenforceable.

 

I think the presumption is that you are a consumer dealing with a bank or similar ogranisation.

 

Small point but important if your chasing business debts i believe.

 

HTH

 

glenn