Natwest Demanding Repayment Of Overdraft

[TheJester84]

As mentioned above, Natwest sent me a letter a few weeks ago requesting re-payment of the joint overdraft I hold with them (between myself and recent ex)

 

As mentioned I recieved it a few weeks ago and am now getting very close to the 28 day mark. I am just wondering is there anything that I can do what with the bank being mostly publicly owned? I do intend to pay back the overdraft as you would expect but over a course of time as all at once it is a bit much.

 

This is the letter they sent, any help would be great

 

[maroondevo52]

Hi,

 

Are there any charges you could re-claim on the account.

[BankFodder]

What is the background to this? Why are they taking this line. Also, of course, as MD52 has asked, are there any charges?

Why have you blanked out the amounts? I think that it would be helpful to know this

[BankFodder]

You say "mentioned above". There is nothing mentioned.

[BankFodder]

Oh. Maybe you are referring to the title of the thread.

[rickyd]

I read this letter as notification that your account was being frozen except for credits so there must be some serious history here.

 

Divulging at least some of this would help us to help you, but in any case it seems pretty definite that your overdraft is going and the bank won't enter into any debate about this. To answer your question about public ownership, it won't make any difference in this instance.

[TheJester84]

Thanks for the help guys, sorry the amount is roughly 1700, there are some charges that I suppose I could re-claim but not many. TBH I thought that this has pretty much come out of the blue we were pay regularly into the account untill we one day could use the account and received this letter

[Mr lex]

The very fact you have been going over your overdraft tells me you must have some serious charges somewhere down the line.

 

Send off a SAR letter and lets find out.

 

http://www.consumerforums.com/resources/templates-library/48-bank-templates/110--data-protection-act-1998-subject-access-request-

 

You could also adapt this 'Account in Dispute' letter and send that too.

 

http://www.consumerforums.com/resources/templates-library/86-debt-collectors/580-letter-when-bankdca-attempt-to-collect-on-penalty-charge-situation

 

Lex

[IainHL]

While you are writing to them slap their wrists for suggesting that you pay off a debt using a credit card, contrary to OFT guidelines on debt collection.

 

Plus, if you were intending to pay back the overdraft gradually then make them that payment offer. They might just accept it. But definitely don't pay them more than any charges they may have levied. Hopefully the test case will be over before you reach that point.