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Interest Charged on the Overdraft of a Frozen Bank Account?


Badger1234
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Hi,

 

My Dad and his brother have a joint business bank account. My dad passed away over a year ago and the account was frozen pending probate, but the bank is still charging interest on the business overdraft.

 

Seems unfair to me to be charging for a balance that cannot be reduced. Is this allowed?

 

James.

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Guest Old_andrew2018

I think this can happen, however you could write to the bank asking for interest to put frozen

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