PPI Reclaiming Discussion part 4

di3004

Well done on your success as well Steve and sorry if I have missed this one honey, Congratulations!:T:beer::j

di3004

cappo wrote: »

I wish i was him lol i could buy my house.

A fantastic amount, that would do me too lol :T:j

beamerguy

RBS The Rogue Traders

New video for you to watch all about the Rogue Traders behind the RBS
http://www.youtube.com/watch?v=PE7ptfZAcqw

beamerguy

Royal Bank of Scotland admits interest fraud

Just been browsing around and came across a site
http://www.meejahor.com/2011/05/26/royal-bank-of-scotland-admits-interest-fraud/

IT SAYS: and read this because the same could happen to you

Royal Bank of Scotland customers know that they fiddle our accounts to reduce interest payments. Or, if you’re overdrawn, to charge you more interest and hit you with penalty fees. They do it by exploiting a loophole in the direct debit rules. The rules state:

If the payment due date falls at a weekend or on a bank holiday the organisation is obliged to debit your account just after the due date, not before

Sure enough, RBS gives the money to the direct debit recipient on the first banking day after the weekend or bank holiday. But they deduct the funds from your balance on the last banking day before the weekend or bank holiday. This is difficult to prove, because it never shows up that way on your statement, but fortunately RBS has now brazenly admitted to the practice.

Now RBS policy is that they’ll honour a direct debit if the funds are in your account by 2pm on the due date. Yet here they falsely state that the funds must be in your account on Friday for direct debits due on Saturday, Sunday, Monday or Tuesday. Worse, even though the funds are in your account, they’ll just be circling around aimlessly in some sort of fraudulent holding pattern, not paid to the direct debit recipient but also not available to you and not earning you interest.

Banks pay us interest because we’re lending them our money. What RBS admits to doing here is keeping the money, so they can still use it, but not paying interest on it for up to three days.

IT SEEMS THE WORD FRAUD IS FULLY ATTACHED TO THE RBS

The Moral of this story is NEVER open an account of any sort with the RBS/Natwest. Certainly NEVER purchase any insurance from them

tunnelhelp

Hears hoping for some advice from all you clever people:)
I received 2 letters last week with offers over 3 loans totalling 17000. These letters were from the 'Head' of PPI.
Today a further letter arrived, covering all 3 loans, with offers totalling 15000! This one from the 'Director' of PPI.

Different contact phone nos!

Which one should I ring on Monday ???

Does this happen often??

beamerguy

tunnelhelp wrote: »

Hears hoping for some advice from all you clever people:)
I received 2 letters last week with offers over 3 loans totalling 17000. These letters were from the 'Head' of PPI.
Today a further letter arrived, covering all 3 loans, with offers totalling 15000! This one from the 'Director' of PPI.

Different contact phone nos!

Which one should I ring on Monday ???

Does this happen often??

As you have an offer for 17,000 tell the "head" you accept and the "director" that you have already accepted a higher offer from his "head"

if they are not capable of doing this properly, how on earth do they run the bank ???:rotfl::rotfl:

cappo

tunnelhelp wrote: »

Hears hoping for some advice from all you clever people:)
I received 2 letters last week with offers over 3 loans totalling 17000. These letters were from the 'Head' of PPI.
Today a further letter arrived, covering all 3 loans, with offers totalling 15000! This one from the 'Director' of PPI.

Different contact phone nos!

Which one should I ring on Monday ???

Does this happen often??

take the higher offer

tunnelhelp

Sorry,I wasnt very clear!!

They are 'if we dont hear from you will will pay into your bank' offers. No acceptance to do.

Perhaps if I do nothing I will get both:rotfl:

From experience I reckon the female head prob gets paid 1/4 of the director and knows much more....Ill phone her

beamerguy

tunnelhelp wrote: »

Sorry,I wasnt very clear!!

They are 'if we dont hear from you will will pay into your bank' offers. No acceptance to do.

Perhaps if I do nothing I will get both:rotfl:

From experience I reckon the female head prob gets paid 1/4 of the director and knows much more....Ill phone her

YES, just see if you do get 2 payments, would not be surprised

tunnelhelp

I will sit quiet and wait for the money, am a doddery old lady so obviously confused by it all!! Interest to 7 November so hopefully money in bank this side of Christmas.