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unclebulgaria67

Offsetting and Statured barred Debts

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Statute barred status only relates to court enforcement.

 

It is the terms and conditions that you signed up to for the accounts that are the most important aspect for you. I cannot believe these t&c's will allow another bank within the same group, who only became part of the same group, after your agreement was signed, can be allowed to offset savings held against any debts.

 

To be on the safe side and to avoid any argument later on, you could move money elsewhere. Even if they did not offset, they would have access to your information, which they could use against you later e.g. full and final settlement negotiation.


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