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  • FIRST POST
    • ScaredWitless
    • By ScaredWitless 27th Nov 17, 12:22 PM
    • 144Posts
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    ScaredWitless
    Reclaiming Old Bank Charges
    • #1
    • 27th Nov 17, 12:22 PM
    Reclaiming Old Bank Charges 27th Nov 17 at 12:22 PM
    I had a current account with the Halifax starting from September 2005 until June 2016.

    During the time of the account being active I did incurr some banks charges, for being only a few pence overdrawn.

    During this time period, I was under the old sickness benefit of Incapacity Benefit.

    Under the Social Security Administration Act 1992 Section 187, would I be able to reclaim the bank charges as they would have been unfair!?

    How do I go about this!?
Page 1
    • antrobus
    • By antrobus 27th Nov 17, 12:32 PM
    • 15,299 Posts
    • 21,837 Thanks
    antrobus
    • #2
    • 27th Nov 17, 12:32 PM
    • #2
    • 27th Nov 17, 12:32 PM
    I had a current account with the Halifax starting from September 2005 until June 2016.

    During the time of the account being active I did incurr some banks charges, for being only a few pence overdrawn.

    During this time period, I was under the old sickness benefit of Incapacity Benefit.

    Under the Social Security Administration Act 1992 Section 187, would I be able to reclaim the bank charges as they would have been unfair!?
    Originally posted by ScaredWitless
    No. It has nothing to do with bank charges.



    How do I go about this!?
    Originally posted by ScaredWitless
    See above.
    • Moneyineptitude
    • By Moneyineptitude 27th Nov 17, 12:38 PM
    • 18,907 Posts
    • 10,122 Thanks
    Moneyineptitude
    • #3
    • 27th Nov 17, 12:38 PM
    • #3
    • 27th Nov 17, 12:38 PM
    Under the Social Security Administration Act 1992 Section 187, would I be able to reclaim the bank charges as they would have been unfair!?
    Originally posted by ScaredWitless
    Where on earth have you found this piece of legislation?

    Why do you believe it would mean that historical bank charges are going to be refunded to you?

    Regardless, only people in current Financial Hardship may be refunded (some) bank charges and no one receives refunds from years ago...
    • dunstonh
    • By dunstonh 27th Nov 17, 2:35 PM
    • 89,943 Posts
    • 56,647 Thanks
    dunstonh
    • #4
    • 27th Nov 17, 2:35 PM
    • #4
    • 27th Nov 17, 2:35 PM
    Under the Social Security Administration Act 1992 Section 187, would I be able to reclaim the bank charges as they would have been unfair!?
    That is an old wives tale and a completely wrong interpretation.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
    • Richey_
    • By Richey_ 30th Nov 17, 7:58 AM
    • 288 Posts
    • 326 Thanks
    Richey_
    • #5
    • 30th Nov 17, 7:58 AM
    • #5
    • 30th Nov 17, 7:58 AM
    Social Security Administration Act 1992

    187Certain benefit to be inalienable

    (1)Subject to the provisions of this Act, every assignment of or charge on—
    (a)benefit as defined in section 122 of the Contributions and Benefits Act;
    (b)any income-related benefit; or
    (c)child benefit,and every agreement to assign or charge such benefit shall be void; and, on the bankruptcy of a beneficiary, such benefit shall not pass to any trustee or other person acting on behalf of his creditors.
    (2)In the application of subsection (1) above to Scotland—
    (a)the reference to assignment of benefit shall be read as a reference to assignation, “assign” being construed accordingly;
    (b)the reference to a beneficiary’s bankruptcy shall be read as a reference to the sequestration of his estate or the appointment on his estate of a judicial factor under section 41 of the [1980 c. 46.] Solicitors (Scotland) Act 1980.
    (3)In calculating for the purposes of section 5 of the [1869 c. 62.] Debtors Act 1869 or section 4 of the [1882 c. 42.] Civil Imprisonment (Scotland) Act 1882 the means of any beneficiary, no account shall be taken of any increase of disablement benefit in respect of a child or of industrial death benefit.

    Scaredwitless probably best to have discussed this with your support worker first who may have been able to have got you advice on this. I agree with the above, I cannot see how this can be interpreted into bank charges. If you receive advice otherwise from a professional, people here would be very interested.
    • mokellegher
    • By mokellegher 11th Dec 17, 1:18 PM
    • 2 Posts
    • 0 Thanks
    mokellegher
    • #6
    • 11th Dec 17, 1:18 PM
    Midland Bank
    • #6
    • 11th Dec 17, 1:18 PM
    Hopefully someone out there will be able to help. I have found some old bank statement's and it shows a monthly fee of £10 but I do not know what it was for, the statements are dated 1990.
    • dunstonh
    • By dunstonh 11th Dec 17, 2:23 PM
    • 89,943 Posts
    • 56,647 Thanks
    dunstonh
    • #7
    • 11th Dec 17, 2:23 PM
    • #7
    • 11th Dec 17, 2:23 PM
    Hopefully someone out there will be able to help. I have found some old bank statement's and it shows a monthly fee of £10 but I do not know what it was for, the statements are dated 1990.
    Originally posted by mokellegher
    That is very early for a packaged bank account. That is the era when charged accounts (such as gold accounts) were more common and the banks toyed with a monthly charge but beneficial overdraft terms.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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